XML 63 R53.htm IDEA: XBRL DOCUMENT v3.23.1
Derivative Financial Instruments - Effects of Derivative Instruments on OCI and Earnings (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative (gain) loss recognized in income, fair value hedges $ 1.2 $ 0.8
Fair Value Hedges    
Derivative Instruments, Gain (Loss) [Line Items]    
Fair value and net investment hedges, amount of gain (loss) recognized in OCI 0.2 (1.2)
Fair value and net investment hedges, amount of (gain) loss reclassified from accumulated OCI into income 0.0 0.0
Cash Flow Hedges    
Derivative Instruments, Gain (Loss) [Line Items]    
Cash flow hedges, amount of gain (loss) recognized in OCI (1.1) (0.7)
Cash flow hedges, amount of (gain) loss reclassified from accumulated OCI into income 0.7 0.3
Cash Flow Hedges | Forward treasury locks    
Derivative Instruments, Gain (Loss) [Line Items]    
Cash flow hedges, amount of gain (loss) recognized in OCI 0.0 0.0
Cash flow hedges, amount of (gain) loss reclassified from accumulated OCI into income 0.0 0.1
Net Investment Hedges    
Derivative Instruments, Gain (Loss) [Line Items]    
Fair value and net investment hedges, amount of gain (loss) recognized in OCI 1.7 3.3
Fair value and net investment hedges, amount of (gain) loss reclassified from accumulated OCI into income 0.0 0.0
Other expense (income)    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative (gain) loss on hedged item, fair value hedges 2.5 (9.6)
Change in unrealized gain (loss) on fair value hedging instruments (2.5) 9.6
Derivative (gain) loss on amount excluded from effectiveness testing, fair value hedges 1.2 0.8
Other expense (income) | Fair Value Hedges | Foreign currency hedge contracts    
Derivative Instruments, Gain (Loss) [Line Items]    
Fair value and net investment hedges, amount of gain (loss) recognized in OCI 0.2 (1.2)
Fair value and net investment hedges, amount of (gain) loss reclassified from accumulated OCI into income 0.0 0.0
Other expense (income) | Net Investment Hedges | Cross-currency swap    
Derivative Instruments, Gain (Loss) [Line Items]    
Fair value and net investment hedges, amount of gain (loss) recognized in OCI 1.7 3.3
Fair value and net investment hedges, amount of (gain) loss reclassified from accumulated OCI into income 0.0 0.0
Net sales    
Derivative Instruments, Gain (Loss) [Line Items]    
Gain (loss) on derivative instruments, net, pretax 0.7 (0.3)
Net sales | Cash Flow Hedges | Foreign currency hedge contracts    
Derivative Instruments, Gain (Loss) [Line Items]    
Cash flow hedges, amount of gain (loss) recognized in OCI (0.1) 0.4
Cash flow hedges, amount of (gain) loss reclassified from accumulated OCI into income 0.7 (0.3)
Cost of goods and services sold    
Derivative Instruments, Gain (Loss) [Line Items]    
Gain (loss) on derivative instruments, net, pretax 0.0 0.5
Cost of goods and services sold | Cash Flow Hedges | Foreign currency hedge contracts    
Derivative Instruments, Gain (Loss) [Line Items]    
Cash flow hedges, amount of gain (loss) recognized in OCI (1.0) (1.1)
Cash flow hedges, amount of (gain) loss reclassified from accumulated OCI into income 0.0 0.5
Interest expense    
Derivative Instruments, Gain (Loss) [Line Items]    
Gain (loss) on derivative instruments, net, pretax $ 0.0 $ 0.1