LEASES (Tables)

6 Months Ended

Jun. 30, 2022

Leases [Abstract]

Summary of Operating Lease Expense, Cash Flow Information, And Weighted Average Remaining Lease Terms and Discount Rates

Operating lease expenses are recorded in “Cost of sales” and “Selling, general and administrative expenses” on the Unaudited Condensed Consolidated Statements of Earnings (Loss). Refer to the below table for a summary of these lease expenses:

	Three months ended June 30, 2022		Three months ended June 30, 2021		Six months ended June 30, 2022		Six months ended June 30, 2021
Operating lease cost	$	14.3	$	14.9	$	28.3	$	28.6
Short-term and variable lease cost	5.5		5.3		12.3		10.5
Total lease cost	$	19.8	$	20.2	$	40.6	$	39.1

Supplemental cash flow information related to operating leases is as follows:

	Six months ended June 30, 2022		Six months ended June 30, 2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows - Payments on operating leases	$	28.2	$	27.9
Right-of-use assets obtained in exchange for new lease obligations:
Operating leases	$	29.1	$	45.4

Weighted-average remaining lease terms and discount rates for operating leases are as follows:

	June 30, 2022		December 31, 2021
Weighted-average remaining lease term	5.8 years		5.5 years
Weighted-average discount rate	5.2	%	5.2	%

Supplemental Balance Sheet Information Related to Operating Leases

Supplemental balance sheet information related to operating leases is as follows:

	Financial statement line item	June 30, 2022		December 31, 2021
Operating lease right-of-use assets	Other assets	$	153.1	$	152.9
Operating lease liabilities	Accrued expenses and other liabilities	$	41.7	$	42.1
Operating lease liabilities	Other long-term liabilities	112.7		113.6
Total lease liabilities		$	154.4	$	155.7

Summary of Maturities of Lease Liabilities

Maturities of lease liabilities are as follows:

	June 30, 2022		December 31, 2021
	Operating Leases
2022	$	26.1	$	50.5
2023	46.0		41.5
2024	34.5		30.0
2025	22.4		18.7
2026	13.5		10.3
Thereafter	42.6		32.3
Total Lease Payments	185.1		183.3
Less: Imputed Interest	(30.7)		(27.6)
Present value of lease liabilities	$	154.4	$	155.7