v3.26.1
Fair Value Measures (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis
The fair values of our assets and liabilities measured at fair value on a recurring basis as of June 30, 2026 and December 31, 2025 are shown in the below table.
 June 30,
2026
December 31,
2025
Assets
Cash equivalents (Level 1)$157.8 $406.1 
Foreign currency forward contracts (Level 2)28.5 18.3 
Commodity forward contracts (Level 2)10.6 21.2 
Total$196.9 $445.6 
Liabilities
Foreign currency forward contracts (Level 2)$3.7 $17.4 
Commodity forward contracts (Level 2)0.8 0.3 
Total$4.5 $17.7 
Schedule of Carrying Values and Fair Values of Financial Instruments Not Recorded at Fair Value
The following table presents the carrying values and fair values of financial instruments not recorded at fair value in the condensed consolidated balance sheets as of June 30, 2026 and December 31, 2025. All fair value measures presented are categorized in Level 2 of the fair value hierarchy.
 June 30, 2026December 31, 2025
 
Carrying Value(1)
Fair Value
Carrying Value(1)
Fair Value
Liabilities
4.0% Senior Notes
$239.9 $233.4 $646.0 $632.2 
4.375% Senior Notes
$450.0 $437.9 $450.0 $439.8 
5.875% Senior Notes
$500.0 $502.8 $500.0 $507.9 
3.75% Senior Notes
$750.0 $702.4 $750.0 $703.1 
6.625% Senior Notes
$500.0 $515.3 $500.0 $523.8 
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(1)    Excluding any related debt discounts, premiums, and deferred financing costs.