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FAIR VALUE MEASUREMENTS (Tables)
 12 Months Ended
Dec. 31, 2023
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis
Assets and liabilities measured at fair value on a recurring basis were as follows: 
 December 31, 2023December 31, 2022
(In millions)TotalLevel 1Level 2Level 3TotalLevel 1Level 2Level 3
Assets
Investments
Equity securities24.3 24.3 — — 19.8 19.8 — — 
Money market and stable value funds2.1 — 1.7 — 1.9 — 1.5 — 
Held-to-maturity debt securities1.3 — 1.3 — 16.0 — 16.0 — 
Derivative financial instruments
Foreign exchange contracts213.8 — 213.8 — 289.9 — 289.9 — 
Total assets$241.5 $24.3 $216.8 $— $327.6 $19.8 $307.4 $— 
Liabilities
Derivative financial instruments
Foreign exchange contracts204.7 — 204.7 — 350.2 — 350.2 — 
Total liabilities$204.7 $— $204.7 $— $350.2 $— $350.2 $— 
Schedule of Fair Value Measurements, Nonrecurring The following summarizes impairments of long-lived assets and related post-impairment fair value for the year ended December 31, 2021:
Year Ended December 31, 2021
(In millions)ImpairmentFair Value
Long-lived assets(a)
$49.1 $25.5 
(a)Measuring these asset groups for recoverability required the use of unobservable inputs that require significant judgment. Such judgments include expected future asset utilization while taking into account reduced future capital spending by certain customers in response to market conditions.