v3.26.1
FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Mar. 31, 2026
FAIR VALUE MEASUREMENTS  
Schedule of the carrying amount and estimated fair value of assets and liabilities measured on recurring basis

March 31, 2026

(millions)

Carrying

Fair Value Measurements

  ​ ​ ​

Amount

  ​ ​ ​

Level 1

Level 2

  ​ ​ ​

Level 3

Assets

Foreign currency forward contracts

 

 

$13.3

$-

 

$13.3

 

$-

Cross-currency swap derivative contracts

33.6

-

33.6

-

 

 

Liabilities

Foreign currency forward contracts

19.6

-

19.6

-

Interest rate swap agreements

76.2

-

76.2

-

Cross-currency swap derivative contracts

172.9

-

172.9

-

Forward-starting interest rate lock contracts

 

 

0.3

-

 

0.3

 

-

December 31, 2025

(millions)

Carrying

Fair Value Measurements

  ​ ​ ​

Amount

  ​ ​ ​

Level 1

Level 2

  ​ ​ ​

Level 3

Assets

Foreign currency forward contracts

 

 

$17.4

$-

 

$17.4

 

$-

Cross-currency swap derivative contracts

11.4

-

11.4

-

 

 

Liabilities

Foreign currency forward contracts

20.3

-

20.3

-

Interest rate swap agreements

74.4

-

74.4

-

Cross-currency swap derivative contracts

190.6

-

190.6

-

Schedule of carrying amount and estimated fair value of long-term debt

March 31, 2026

December 31, 2025

Carrying

Fair

Carrying

Fair

  ​ ​ ​

Amount

  ​ ​ ​

Value

  ​ ​ ​

Amount

  ​ ​ ​

Value

Long-term debt, including current maturities

$8,187.1

$7,351.5

$8,125.3

$7,381.8