XML 74 R53.htm IDEA: XBRL DOCUMENT v3.22.2.2
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Cash Flow Hedge Effects on Statement of Operations (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Derivative Instruments, Gain (Loss)        
Cost of sales $ (253.8) $ (311.7) $ (822.5) $ (939.4)
Selling, general, and administrative expenses (377.3) (364.4) (1,156.6) (1,069.7)
Other Expense (Income), net (2.0) 1.4 (1.0) 11.3
Foreign currency contracts | Cost of sales        
Gain (loss) on fair value hedging relationships:        
Hedged items 0.0 0.0 0.0 0.0
Amount excluded from effectiveness testing recognized in earnings based on an amortization approach 0.0 0.0 0.0 0.0
Gain (loss) on cash flow hedging relationships:        
Amount of gain (loss) reclassified from accumulated OCI into income 27.1 (10.8) 50.7 (24.6)
Foreign currency contracts | Cost of sales | Derivatives designated as hedging instruments        
Gain (loss) on fair value hedging relationships:        
Derivatives designated as hedging instruments 0.0 0.0 0.0 0.0
Foreign currency contracts | Selling, general, and administrative expenses        
Gain (loss) on fair value hedging relationships:        
Hedged items 0.0 0.0 0.0 0.0
Amount excluded from effectiveness testing recognized in earnings based on an amortization approach 0.0 0.0 0.0 0.0
Gain (loss) on cash flow hedging relationships:        
Amount of gain (loss) reclassified from accumulated OCI into income 0.0 (0.3) 0.0 (0.6)
Foreign currency contracts | Selling, general, and administrative expenses | Derivatives designated as hedging instruments        
Gain (loss) on fair value hedging relationships:        
Derivatives designated as hedging instruments 0.0 0.0 0.0 0.0
Foreign currency contracts | Other Expense (Income), net        
Gain (loss) on fair value hedging relationships:        
Hedged items (4.1) (0.2) (4.1) (6.4)
Amount excluded from effectiveness testing recognized in earnings based on an amortization approach 0.4 0.8 0.4 2.4
Gain (loss) on cash flow hedging relationships:        
Amount of gain (loss) reclassified from accumulated OCI into income 0.0 0.0 0.0 0.0
Foreign currency contracts | Other Expense (Income), net | Derivatives designated as hedging instruments        
Gain (loss) on fair value hedging relationships:        
Derivatives designated as hedging instruments $ 4.1 $ 0.2 $ 4.1 $ 6.4