HEDGING TRANSACTIONS AND DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

6 Months Ended

Jun. 30, 2026

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Fair Value Hedging Instruments

The following amounts were recorded on the Condensed Consolidated Balance Sheets related to fair value hedged items as of June 30, 2026 and December 31, 2025:


($ in millions)	June 30, 2026		December 31, 2025
Line Item in Condensed Consolidated Balance Sheets in Which the Hedged Item Is Included	Carrying Amount of the Hedged Liability
Long-term debt, less current portion 1	$	513.3	$	529.3

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1 Carrying amount excludes the unamortized debt discounts as of June 30, 2026 and December 31, 2025.

Schedule of Derivative Liabilities at Fair Value

The following tables present information about the Company's derivative financial instruments designated as cash flow and fair value hedging transactions.

The fair value of the Company's derivative assets and liabilities included in the Condensed Consolidated Balance Sheets, as of June 30, 2026 and December 31, 2025 was as follows:


	June 30, 2026				December 31, 2025
	Foreign exchange contracts				Foreign exchange contracts
($ in millions)	Assets		Liabilities		Assets		Liabilities
Derivative Assets in Fair Value Hedging Relationships
Other non-current assets	$	—	$	—	$	11.6	$	—



Other non-current liabilities	—		3.2		—		—
	June 30, 2026				December 31, 2025
	Interest rate swaps				Interest rate swaps
($ in millions)	Assets		Liabilities		Assets		Liabilities
Derivative Assets in Cash Flow Hedging Relationships
Prepaid expenses and other current assets	$	2.4	$	—	$	—	$	—
Other non-current assets	0.9		—		—		—

Schedule of Foreign Exchange Contracts, Statement of Financial Position

The amount of gains or (losses) recognized in the Condensed Consolidated Statements of Operations for fair value and cash flow hedging relationships, presented on a pre-tax basis, for the periods presented, is shown in the table below:


	Three Months Ended June 30,				Six Months Ended June 30,
($ in millions)	2026		2025		2026		2025		Affected Line Item in the Statement Where Net Income Is Presented
Derivatives in Fair Value Hedging Relationships
Foreign exchange contracts
Hedged item	$	3.4	$	(40.7)	$	16.0	$	(58.2)	Other expense (income), net
Derivative designated as hedging instrument	(3.4)		40.7		(16.0)		58.2		Other expense (income), net
Amount reclassified from AOCI to expense (amortized)	(2.0)		(2.4)		(4.0)		(4.7)		Other expense (income), net
Derivatives in Cash Flow Hedging Relationships
Interest rate swaps
Amount reclassified from AOCI to expense	$	0.5	$	—	$	1.0	$	—	Interest and financing expense, net

The amount of gains or (losses), net of tax, recognized in the Condensed Consolidated Statements of Comprehensive Income for fair value and cash flow hedging relationships for the periods presented, is shown in the table below:


	Three Months Ended June 30,				Six Months Ended June 30,
($ in millions)	2026		2025		2026		2025
Derivatives in Fair Value Hedging Relationships
Foreign exchange contracts
Amount excluded from the assessment of effectiveness 1	$	(0.1)	$	(1.7)	$	0.8	$	(1.4)
Derivatives in Cash Flow Hedging Relationships
Interest rate swaps
Unrealized gains 2	$	1.2	$	—	$	3.0	$	—

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1 Amount is net of tax impact of nil and $0.3 million for the three and six months ended June 30, 2026, respectively. Amount is net of tax impact of $0.6 million and $0.5 million for the three and six months ended June 30, 2025, respectively.

2 Amount is net of tax impact of $0.3 million and $0.9 million for the three and six months ended June 30, 2026, respectively.