v3.26.1
FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2026
FAIR VALUE MEASUREMENTS  
Schedule of fair value hierarchy of financial instruments carried at fair value on a recurring basis

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Fair Value Measurements at June 30, 2026 Using

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Significant

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Total Carrying

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Quoted prices in

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Significant other

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unobservable

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Value at

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active market

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observable inputs

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inputs

(In millions)

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June 30, 2026

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(Level 1)

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(Level 2)

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(Level 3)

Corporate Borrowings:

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Bifurcated embedded derivative - 6.00%/8.00% Cash/PIK Toggle Senior Secured Exchangeable Notes due 2030

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$

15.3

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$

—

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$

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$

15.3

Schedule of fair value hierarchy of the financial instruments that were measured at fair value on a nonrecurring basis

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Fair Value Measurements at May 4, 2026 Using

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Significant other

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Significant

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Total Carrying

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Quoted prices in

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observable

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unobservable

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Value at

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active market

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inputs

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inputs

(In millions)

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May 4, 2026

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(Level 1)

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(Level 2)

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(Level 3)

Corporate Borrowings:

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Bifurcated embedded derivative - Senior Secured Exchangeable Notes due 2030

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$

103.5

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$

103.5

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$

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Schedule of fair value of financial instruments not recognized at fair value for which it is practicable to estimate fair value

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Fair Value Measurements at June 30, 2026 Using

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Significant other

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Significant

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Total Carrying

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Quoted prices in

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observable

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unobservable

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Value at

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active market

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inputs

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inputs

(In millions)

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June 30, 2026

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(Level 1)

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(Level 2)

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(Level 3)

Current maturities of corporate borrowings

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$

148.9

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$

149.1

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$

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Corporate borrowings (excluding derivatives)

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3,687.4

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3,784.7

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