v3.26.3
FAIR VALUE MEASUREMENTS (Fair Value and Carrying Value of Debt) (Details) - USD ($)
$ in Millions
Sep. 30, 2026
Sep. 09, 2026
Dec. 31, 2025
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Long-term debt, gross $ 2,190.0   $ 2,201.6
Unamortized deferred financing costs (63.1)   (41.0)
Unamortized discount (8.5)   (12.3)
Long-term debt 2,097.7   2,148.3
Long-term debt, Fair value 2,248.6   2,200.2
Current debt (20.7)   0.0
Current maturities, Fair value (20.7)   0.0
Long-term debt excluding current maturities, Fair value 2,227.9   2,200.2
Revolving Credit Facility      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Long-term line of credit [1] 0.0   100.0
Line of credit, Fair value [1] 0.0   100.0
2028 6.00% Senior Notes      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Long-term debt [2],[3] 0.0   801.6
Long-term debt, Fair value [2],[3] 0.0   794.6
2030 9.875% Senior Notes      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Long-term debt [3],[4] 800.0   800.0
Long-term debt, Fair value [3] 848.9   824.3
2030 7.875% Senior Notes      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Long-term debt [2],[3] 0.0   500.0
Long-term debt, Fair value [2],[3] 0.0   481.3
2034 7.250% Senior Notes      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Long-term debt [3] 500.0   0.0
Long-term debt, Fair value [3] 495.7   0.0
2032 Exchangeable Notes      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Long-term debt [3] 550.0   0.0
Long-term debt, Fair value [3] 572.8   0.0
Promissory Note      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Long-term debt 340.0 [3],[5] $ 341.1 0.0 [3],[5]
Long-term debt, Fair value [3],[5] $ 331.2   $ 0.0
[1] The estimated fair value approximates carrying value, categorized as a Level 2 measurement, as these borrowings bear interest based upon short-term floating market interest rates.
[2] As discussed in “Note 4 - Credit Facilities and Debt”, the 2028 6.00% Senior Notes and the 2030 7.875% Senior Notes were fully redeemed as of September 30, 2026. Additionally, the 2030 9.875% Senior Notes were redeemed on October 26, 2026
[3] The estimated fair value, categorized as a Level 2 measurement, was calculated based on the present value of future expected payments utilizing implied current market interest rates based on quoted prices of the outstanding senior notes.
[4] On October 26, 2026, the Company fully redeemed all of the $800.0 million in aggregate principal amount outstanding of its 2030 9.875% Senior Notes, including incurred but unpaid interest. Refer to “Note 15 - Subsequent Events” for more details.
[5] The estimated fair value, categorized as Level 2 measurement, was calculated based on the present value of future expected payments utilizing implied current market interest rates based on the Company’s incremental borrowing rate.