BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2026

The following table provides a reconciliation of cash, cash equivalents, restricted cash and restricted cash equivalents reported within the condensed consolidated balance sheets that sum to the total of the same such amount in the condensed consolidated statements of cash flows:


	As of
	June 30,		December 31,
	2026		2025
	(dollars in millions)
Cash and cash equivalents	$	509.6	$	669.3
Restricted cash and cash equivalents	65.2		20.6
Total cash, cash equivalents, restricted cash, and restricted cash equivalents shown in the condensed consolidated statements of cash flows	$	574.8	$	689.9

Schedule of Restricted Cash and Restricted Cash Equivalents


	As of
	June 30,		December 31,
	2026		2025
	(dollars in millions)
Cash and cash equivalents	$	509.6	$	669.3
Restricted cash and cash equivalents	65.2		20.6
Total cash, cash equivalents, restricted cash, and restricted cash equivalents shown in the condensed consolidated statements of cash flows	$	574.8	$	689.9