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OTHER (EXPENSE) INCOME, NET (Tables)
 12 Months Ended
Dec. 31, 2024
Other Income and Expenses [Abstract]  
Schedule of Other (Expense) Income , net
"Other (expense) income, net," as reported in the Consolidated Statements of Operations, consisted of the following:
Year Ended December 31,
 (dollars in millions)202420232022
Gain (loss) on debt extinguishment
$0.2 $(2.3)$— 
(Losses) gains on derivative contracts
(13.5)2.7 (0.2)
Highly inflationary accounting (1)
(2.6)(7.0)(2.9)
Available-for-sale debt security impairment(11.4)— — 
Other income, net
2.3 3.5 6.0 
Total$(25.0)$(3.1)$2.9 
(1) In the first quarter of 2022, the Company began applying highly inflationary accounting to its operations in Turkey as its cumulative inflation exceeded 100% for the three years preceding the reporting period.