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FAIR VALUE (Tables)
 9 Months Ended
Sep. 30, 2019
Fair Value Disclosures [Abstract]  
Financial Instruments Carried at Fair Value on Recurring Basis
The table below presents information about items that are carried at fair value at September 30, 2019 and December 31, 2018:
 
Fair value Measurement as of September 30, 2019
Description
Balance
 
Level 1
 
Level 2
Assets:
 
 
 
 
 
Derivatives (1)
$
154.6

 
$
—

 
$
154.6

Mutual funds
7.7

 
7.7

 
—

Total
$
162.3

 
$
7.7

 
$
154.6

Liabilities:
 
 
 
 
 
Derivatives (1)
$
5.7

 
$
—

 
$
5.7

Total
$
5.7

 
$
—

 
$
5.7

 
Fair value Measurement as of December 31, 2018
Description
Balance
 
Level 1
 
Level 2
Assets:
 
 
 
 
 
Derivatives (1)
$
28.3

 
$
—

 
$
28.3

Money market mutual funds
15.2

 
15.2

 
—

Mutual funds
33.3

 
33.3

 
—

Total
$
76.8

 
$
48.5

 
$
28.3

Liabilities:
 
 
 
 
 
Derivatives (1)
$
16.4

 
$
—

 
$
16.4

Total
$
16.4

 
$
—

 
$
16.4

(1) 
Represents FX forwards on certain assets and liabilities as well as interest rate swaps and cross-currency swaps as more fully described in Note 11 to the condensed consolidated financial statements.