RECEIVABLES (Tables)

3 Months Ended

Mar. 31, 2024

Receivables [Abstract]

Schedule of Financing Receivable Credit Quality Indicators

The table below summarizes the amortized cost basis of financial assets by years of origination and credit quality.

	March 31, 2024				December 31, 2023
(In millions)	Credit rating	Year of origination	Balance		Credit rating	Year of origination	Balance
Loans receivables and other	Moody’s rating A3 - Ba2	2020-2023	$	139.6	Moody’s rating Aa3 -Ba2	2020-2023	$	138.1
Debt securities at amortized cost			—		Moody’s rating B3	2021	1.4
Total financial assets			$	139.6			$	139.5

Schedule of Financing Receivable, Allowance for Credit Loss

The table below shows the roll forward of allowance for credit losses as of March 31, 2024 and 2023, respectively.

	Balance as of March 31, 2024
(In millions)	Trade receivables		Contract assets		Loans receivable and other
Allowance for credit losses at December 31, 2023	$	34.4	$	1.4	$	2.3
Current period provision (release) for expected credit losses	(1.2)		(0.1)		7.3
Allowance for credit losses at March 31, 2024	$	33.2	$	1.3	$	9.6

	Balance as of March 31, 2023
(In millions)	Trade receivables		Contract assets		Loans receivable and other
Allowance for credit losses at December 31, 2022	$	34.1	$	1.1	$	0.5
Current period provision (release) for expected credit losses	0.5		0.5		—
Recoveries	(0.6)		—		—
Allowance for credit losses at March 31, 2023	$	34.0	$	1.6	$	0.5