XML 48 R37.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Financial Instruments and Fair Value Measurements (Tables)
 3 Months Ended
Mar. 31, 2024
Fair Value Disclosures [Abstract]  
Schedule of Fair Value by Balance Sheet Location
The following table summarizes the fair value of the company’s foreign exchange forward contracts.
March 31, 2024December 31, 2023
Balance Sheet Location
Prepaid expenses and other current assets$0.1 $9.0 
Other accrued liabilities4.2 0.1 
Total fair value$(4.1)$8.9 
Schedule of Losses Recognized on Foreign Exchange Forward Contracts
The following table summarizes the location and amount of gains (losses) recognized on foreign exchange forward contracts.
Three Months Ended
March 31,
20242023
Statement of Income Location
Other (expense), net$(11.7)$5.2 
Schedule of Fair Values of Financial Instruments Not Measured at Fair Value in Consolidated Balance Sheets Such financial instruments are not included in the following table that provides information about the estimated fair values of other financial instruments that are not measured at fair value in the consolidated balance sheets as of March 31, 2024 and December 31, 2023.
March 31, 2024December 31, 2023
Carrying AmountFair ValueCarrying AmountFair Value
Long-term debt:
6.875% senior secured notes due November 1, 2027
$480.7 $434.0 $480.4 $437.5