LEASES - Schedule of Lease Assets and Liabilities, Weighted-Average Lease Term and Discount Rate (Details) - USD ($) $ in Millions |
Sep. 30, 2024 |
Dec. 31, 2023 |
Sep. 30, 2023 |
---|---|---|---|
Assets | |||
Operating lease ROU assets | $ 651.4 | $ 636.1 | $ 644.8 |
Accumulated amortization | (143.1) | (124.4) | (113.4) |
Operating leases, net | 508.3 | 511.7 | 531.4 |
Finance lease ROU assets | 55.8 | 62.3 | 85.8 |
Accumulated depreciation | $ (23.2) | $ (20.2) | $ (22.1) |
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration] | Property, Plant and Equipment, Net | Property, Plant and Equipment, Net | Property, Plant and Equipment, Net |
Finance leases, net | $ 32.6 | $ 42.1 | $ 63.7 |
Total lease assets | $ 540.9 | $ 553.8 | $ 595.1 |
Current | |||
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration] | Other current liabilities | Other current liabilities | Other current liabilities |
Operating | $ 48.7 | $ 47.3 | $ 48.2 |
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration] | Other current liabilities | Other current liabilities | Other current liabilities |
Finance | $ 11.4 | $ 12.5 | $ 18.4 |
Noncurrent | |||
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration] | Noncurrent operating lease liabilities | Noncurrent operating lease liabilities | Noncurrent operating lease liabilities |
Operating | $ 503.5 | $ 507.4 | $ 525.4 |
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration] | Other noncurrent liabilities | Other noncurrent liabilities | Other noncurrent liabilities |
Finance | $ 11.8 | $ 16.6 | $ 22.7 |
Total lease liabilities | $ 575.4 | $ 583.8 | $ 614.7 |
Weighted-average remaining lease term (years) | |||
Operating leases | 19 years 1 month 6 days | 19 years 6 months | 19 years 4 months 24 days |
Finance leases | 2 years 3 months 18 days | 2 years 6 months | 2 years 6 months |
Weighted-average discount rate | |||
Operating leases | 4.40% | 4.30% | 4.30% |
Finance leases | 3.10% | 2.40% | 2.00% |