v3.26.1
Derivatives and Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Recorded Amounts and Estimated Fair Values of Long-term Debt and Derivative Financial Instruments
The recorded amounts and estimated fair values of total debt, excluding unamortized issuance costs and discounts, were as follows:
June 30,
2026		December 31,
2025
In millionsRecorded
Amount		Fair
Value		Recorded
Amount		Fair
Value
Variable rate debt$820.0 $820.0 $852.7 $852.7 
Fixed rate debt800.0 812.4 800.0 828.2 
Total debt$1,620.0 $1,632.4 $1,652.7 $1,680.9 
Financial Assets and Liabilities Measured at Fair Value on Recurring Basis
Financial assets and liabilities measured at fair value on a recurring and nonrecurring basis were as follows:
 June 30, 2026
In millionsLevel 1Level 2Level 3Total
Recurring fair value measurements
Interest rate contract assets$— $0.2 $— $0.2 
Foreign currency contract assets
— 5.4 — 5.4 
Foreign currency contract liabilities— (49.5)— (49.5)
Deferred compensation plan assets37.4 — — 37.4 
Contingent earn-out liabilities
— — (4.0)(4.0)
Total recurring fair value measurements$37.4 $(43.9)$(4.0)$(10.5)
 December 31, 2025
In millionsLevel 1Level 2Level 3Total
Recurring fair value measurements
Interest rate contract liabilities
$— $(0.2)$— $(0.2)
Foreign currency contract liabilities— (68.8)— (68.8)
Deferred compensation plan assets 32.3 — — 32.3 
Contingent earn-out liabilities
— — (8.0)(8.0)
Total recurring fair value measurements$32.3 $(69.0)$(8.0)$(44.7)
Nonrecurring fair value measurements (1)
(1) During the year ended December 31, 2025, we recorded an impairment charge on a definite-lived customer relationship intangible asset of $30.9 million. We determined the value using unobservable inputs and wrote the balance of the definite-lived intangible asset to zero. The impairment charge was recorded in Selling, general and administrative expense in the Condensed Consolidated Statements of Operations and Comprehensive Income.