v3.26.1
FINANCIAL INSTRUMENTS - Summary of Financial Instruments (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Assets    
Cash and cash equivalents $ 1,949.8 $ 1,563.0
Trade accounts receivable 291.1 322.8
Derivative financial instruments 8.7 13.2
Customer financing 8.0 32.4
Loans granted 87.0  
Other assets 203.1 109.9
Assets 3,512.6 3,029.3
Liabilities    
Derivative financial instruments 64.8 103.8
Trade accounts payable 1,116.8 966.3
Trade accounts payable - Supplier finance arrangements 62.9 43.3
Loans and financing 2,593.8 2,491.1
Financial instruments, other payables 231.6 125.3
Liabilities 4,069.9 3,729.8
Total fair value    
Assets    
Cash and cash equivalents 1.1 1.1
Trade accounts receivable 0.0 0.0
Derivative financial instruments 8.7 13.2
Customer financing 7.1 0.1
Loans granted 45.0  
Other assets 0.0 0.0
Assets 507.7 391.2
Liabilities    
Derivative financial instruments 64.8 103.8
Trade accounts payable 0.0 0.0
Trade accounts payable - Supplier finance arrangements 0.0 0.0
Loans and financing 2,769.2 2,566.1
Financial instruments, other payables 0.0 0.0
Liabilities 2,834.0 2,669.9
Level 1    
Assets    
Cash and cash equivalents 0.0 0.0
Trade accounts receivable 0.0 0.0
Derivative financial instruments 0.0 0.0
Customer financing 0.0 0.0
Loans granted 0.0  
Other assets 0.0 0.0
Assets 76.3 0.0
Liabilities    
Derivative financial instruments 5.7 4.0
Trade accounts payable 0.0 0.0
Trade accounts payable - Supplier finance arrangements 0.0 0.0
Loans and financing 1,989.3 1,835.5
Financial instruments, other payables 0.0 0.0
Liabilities 1,995.0 1,839.5
Level 2    
Assets    
Cash and cash equivalents 1.1 1.1
Trade accounts receivable 0.0 0.0
Derivative financial instruments 8.7 13.2
Customer financing 0.0 0.0
Loans granted 0.0  
Other assets 0.0 0.0
Assets 379.3 296.1
Liabilities    
Derivative financial instruments 59.1 99.8
Trade accounts payable 0.0 0.0
Trade accounts payable - Supplier finance arrangements 0.0 0.0
Loans and financing 779.9 730.6
Financial instruments, other payables 0.0 0.0
Liabilities 839.0 830.4
Level 3    
Assets    
Cash and cash equivalents 0.0 0.0
Trade accounts receivable 0.0 0.0
Derivative financial instruments 0.0 0.0
Customer financing 7.1 0.1
Loans granted 45.0  
Other assets 0.0 0.0
Assets 52.1 95.1
Liabilities    
Derivative financial instruments 0.0 0.0
Trade accounts payable 0.0 0.0
Trade accounts payable - Supplier finance arrangements 0.0 0.0
Loans and financing 0.0 0.0
Financial instruments, other payables 0.0 0.0
Liabilities 0.0 0.0
Public securities    
Assets    
Financial investments 66.4 66.5
Public securities | Total fair value    
Assets    
Financial investments 0.0 0.0
Public securities | Level 1    
Assets    
Financial investments 0.0 0.0
Public securities | Level 2    
Assets    
Financial investments 0.0 0.0
Public securities | Level 3    
Assets    
Financial investments 0.0 0.0
Private securities    
Assets    
Financial investments 76.4 99.9
Private securities | Total fair value    
Assets    
Financial investments 5.3 23.4
Private securities | Level 1    
Assets    
Financial investments 0.0 0.0
Private securities | Level 2    
Assets    
Financial investments 5.3 23.4
Private securities | Level 3    
Assets    
Financial investments 0.0 0.0
Structured Notes    
Assets    
Financial investments 243.4 133.2
Structured Notes | Total fair value    
Assets    
Financial investments 243.4 133.2
Structured Notes | Level 1    
Assets    
Financial investments 0.0 0.0
Structured Notes | Level 2    
Assets    
Financial investments 243.4 133.2
Structured Notes | Level 3    
Assets    
Financial investments 0.0 0.0
Investment funds    
Assets    
Financial investments 120.8 125.2
Investment funds | Total fair value    
Assets    
Financial investments 120.8 125.2
Investment funds | Level 1    
Assets    
Financial investments 0.0 0.0
Investment funds | Level 2    
Assets    
Financial investments 120.8 125.2
Investment funds | Level 3    
Assets    
Financial investments 0.0 0.0
Fixed-term deposit    
Assets    
Financial investments 381.6 468.2
Fixed-term deposit | Total fair value    
Assets    
Financial investments 0.0 0.0
Fixed-term deposit | Level 1    
Assets    
Financial investments 0.0 0.0
Fixed-term deposit | Level 2    
Assets    
Financial investments 0.0 0.0
Fixed-term deposit | Level 3    
Assets    
Financial investments 0.0 0.0
Others    
Assets    
Financial investments 76.3 95.0
Others | Total fair value    
Assets    
Financial investments 76.3 95.0
Others | Level 1    
Assets    
Financial investments 76.3 0.0
Others | Level 2    
Assets    
Financial investments 0.0 0.0
Others | Level 3    
Assets    
Financial investments 0.0 95.0
Amortized Cost    
Assets    
Cash and cash equivalents 1,948.7 1,561.9
Trade accounts receivable 291.1 322.8
Derivative financial instruments 0.0 0.0
Customer financing 8.0 32.3
Loans granted 87.0  
Other assets 203.1 109.9
Assets 3,057.0 2,638.1
Liabilities    
Derivative financial instruments 0.0 0.0
Trade accounts payable 1,116.8 966.3
Trade accounts payable - Supplier finance arrangements 62.9 43.3
Loans and financing 2,593.8 2,491.1
Financial instruments, other payables 231.6 125.3
Liabilities 4,005.1 3,626.0
Total amount measured at amortized cost 51.7  
Amortized Cost | Public securities    
Assets    
Financial investments 66.4 66.5
Amortized Cost | Private securities    
Assets    
Financial investments 71.1 76.5
Amortized Cost | Structured Notes    
Assets    
Financial investments 0.0 0.0
Amortized Cost | Investment funds    
Assets    
Financial investments 0.0 0.0
Amortized Cost | Fixed-term deposit    
Assets    
Financial investments 381.6 468.2
Amortized Cost | Others    
Assets    
Financial investments 0.0 0.0
Fair value    
Assets    
Cash and cash equivalents 0.0 0.0
Trade accounts receivable 0.0 0.0
Derivative financial instruments 0.0 0.0
Customer financing 7.1 0.0
Loans granted 45.0  
Other assets 0.0 0.0
Assets 52.1 0.0
Liabilities    
Derivative financial instruments 0.0 0.0
Trade accounts payable 0.0 0.0
Trade accounts payable - Supplier finance arrangements 0.0 0.0
Loans and financing 2,769.2 2,566.1
Financial instruments, other payables 0.0 0.0
Liabilities 2,769.2 2,566.1
Total fair value 45.0  
Fair value | Public securities    
Assets    
Financial investments 0.0 0.0
Fair value | Private securities    
Assets    
Financial investments 0.0 0.0
Fair value | Structured Notes    
Assets    
Financial investments 0.0 0.0
Fair value | Investment funds    
Assets    
Financial investments 0.0 0.0
Fair value | Fixed-term deposit    
Assets    
Financial investments 0.0 0.0
Fair value | Others    
Assets    
Financial investments 0.0 0.0
FVPL    
Assets    
Cash and cash equivalents 0.0 0.0
Trade accounts receivable 0.0 0.0
Derivative financial instruments 0.8 13.2
Customer financing 0.0 0.1
Loans granted 0.0  
Other assets 0.0 0.0
Assets 338.2 286.8
Liabilities    
Derivative financial instruments 62.2 86.2
Trade accounts payable 0.0 0.0
Trade accounts payable - Supplier finance arrangements 0.0 0.0
Loans and financing 0.0 0.0
Financial instruments, other payables 0.0 0.0
Liabilities 62.2 86.2
FVPL | Public securities    
Assets    
Financial investments 0.0 0.0
FVPL | Private securities    
Assets    
Financial investments 5.3 23.4
FVPL | Structured Notes    
Assets    
Financial investments 243.4 133.2
FVPL | Investment funds    
Assets    
Financial investments 12.4 21.9
FVPL | Fixed-term deposit    
Assets    
Financial investments 0.0 0.0
FVPL | Others    
Assets    
Financial investments 76.3 95.0
FVOCI    
Assets    
Cash and cash equivalents 1.1 1.1
Trade accounts receivable 0.0 0.0
Derivative financial instruments 7.9 0.0
Customer financing 0.0 0.0
Loans granted 0.0  
Other assets 0.0 0.0
Assets 117.4 104.4
Liabilities    
Derivative financial instruments 2.6 17.6
Trade accounts payable 0.0 0.0
Trade accounts payable - Supplier finance arrangements 0.0 0.0
Loans and financing 0.0 0.0
Financial instruments, other payables 0.0 0.0
Liabilities 2.6 17.6
FVOCI | Public securities    
Assets    
Financial investments 0.0 0.0
FVOCI | Private securities    
Assets    
Financial investments 0.0 0.0
FVOCI | Structured Notes    
Assets    
Financial investments 0.0 0.0
FVOCI | Investment funds    
Assets    
Financial investments 108.4 103.3
FVOCI | Fixed-term deposit    
Assets    
Financial investments 0.0 0.0
FVOCI | Others    
Assets    
Financial investments $ 0.0 $ 0.0