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SHAREHOLDERS' EQUITY
 6 Months Ended
Jun. 30, 2026
Stockholders' Equity Note [Abstract]  
SHAREHOLDERS' EQUITY
NOTE 15. SHAREHOLDERS’ EQUITY
On December 11, 2024, our Board of Directors approved a share repurchase program with a $1.3 billion authorization (2024 Repurchase Authorization). The Board of Directors previously authorized share repurchases with a $2.0 billion authorization on July 28, 2022 (2022 Repurchase Authorization). The 2024 Repurchase Authorization and 2022 Repurchase Authorization will terminate upon the purchase of $1.3 billion and $2.0 billion of common stock, respectively.
During the six months ended June 30, 2025, 1.2 million shares of common stock were repurchased and retired at a total value of $30.3 million. As of June 30, 2026, a cumulative total of 27.4 million shares of common stock have been repurchased and retired at a total value of $1,351.1 million under the 2022 Repurchase Authorization program, and $648.9 million of common stock remained authorized to be repurchased under the 2022 Repurchase Authorization program. As of June 30, 2026, there have been no repurchases under the 2024 Repurchase Authorization program and $1.3 billion remained available.
We issued 0.2 million and less than 0.1 million shares representing stock options exercised for the six months ended June 30, 2026 and 2025, respectively, with a total value of $3.0 million and $1.9 million, respectively.
The following table represents the activity included in accumulated other comprehensive loss:
Foreign Currency TranslationCash Flow HedgesPension and Postretirement BenefitsTotal
Accumulated Other Comprehensive Loss($ in millions)
Balance at January 1, 2025$(45.9)$7.8 $(412.0)$(450.1)
Unrealized (losses) gains
First quarter(1.2)34.4 — 33.2 
Second quarter(2.2)(13.5)— (15.7)
Reclassification adjustments of (gains) losses into income
First quarter— (8.1)1.2 (6.9)
Second quarter— (12.8)1.5 (11.3)
Tax (provision) benefit
First quarter— (6.5)(0.3)(6.8)
Second quarter— 6.5 (0.3)6.2 
Net change(3.4)— 2.1 (1.3)
Balance at June 30, 2025$(49.3)$7.8 $(409.9)$(451.4)
Balance at January 1, 2026$(52.2)$5.9 $(368.2)$(414.5)
Unrealized gains (losses)
First quarter0.9 (5.6)— (4.7)
Second quarter1.8 0.2 — 2.0 
Reclassification adjustments of (gains) losses into income
First quarter— (3.9)3.2 (0.7)
Second quarter— 1.7 3.7 5.4 
Tax benefit (provision)
First quarter— 2.3 (0.8)1.5 
Second quarter— (0.5)(0.9)(1.4)
Net change2.7 (5.8)5.2 2.1 
Balance at June 30, 2026$(49.5)$0.1 $(363.0)$(412.4)
Cost of goods sold included reclassification adjustments for realized gains and losses on derivative contracts from accumulated other comprehensive loss.
Non-operating pension income included the amortization of prior service costs and actuarial losses from accumulated other comprehensive loss.