Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2020

Derivatives, Fair Value [Line Items]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

The fair values of derivative instruments included within the Condensed Consolidated Balance Sheets were as follows:

	Derivative assets				Derivative liabilities
In millions	September 30, 2020		December 31, 2019		September 30, 2020		December 31, 2019
Derivatives designated as hedges:
Currency derivatives	$	0.4	$	0.1	$	2.8	$	3.9
Derivatives not designated as hedges:
Currency derivatives	3.0		1.0		3.5		3.3
Total derivatives	$	3.4	$	1.1	$	6.3	$	7.2

Asset and liability derivatives included in the table above are recorded within Other current assets and Accrued expenses and other current liabilities, respectively.

Schedule Of Derivatives Designated As Hedges Affecting Condensed Consolidated Income Statement And Accumulated Other Comprehensive Income [Text Block]

The following table represents the amounts associated with derivatives designated as hedges affecting Net earnings and AOCI for the three months ended September 30:

	Amount of gain (loss) recognized in AOCI				Location of gain (loss) reclassified from AOCI and recognized into Net earnings	Amount of gain (loss) reclassified from AOCI and recognized into Net earnings
In millions	2020		2019			2020		2019
Currency derivatives designated as hedges	$	1.5	$	(0.5)	Cost of goods sold	$	(0.9)	$	—
Interest rate swaps & locks	—		—		Interest expense	0.2		0.2
Total	$	1.5	$	(0.5)		$	(0.7)	$	0.2

The following table represents the amounts associated with derivatives designated as hedges affecting Net earnings and AOCI for the nine months ended September 30:

	Amount of gain (loss) recognized in AOCI				Location of gain (loss) reclassified from AOCI and recognized into Net earnings	Amount of gain (loss) reclassified from AOCI and recognized into Net earnings
In millions	2020		2019			2020		2019
Currency derivatives designated as hedges	$	1.7	$	(0.7)	Cost of goods sold	$	(1.6)	$	(1.3)
Interest rate swaps & locks	—		—		Interest expense	0.5		0.5
Total	$	1.7	$	(0.7)		$	(1.1)	$	(0.8)

Schedule of Gains and Losses of Derivative Financial Instruments Not Designated as Hedges

The following table represents the amounts associated with derivatives not designated as hedges affecting Other income/(expense), net for the three months ended September 30:

	Amount of gain (loss) recognized in Net earnings
In millions	2020		2019
Currency derivatives not designated as hedges	$	1.6	$	(0.5)
Total	$	1.6	$	(0.5)

The following table represents the amounts associated with derivatives not designated as hedges affecting Other income/(expense), net for the nine months ended September 30:

	Amount of gain (loss) recognized in Net earnings
In millions	2020		2019
Currency derivatives not designated as hedges	$	8.4	$	(4.0)
Total	$	8.4	$	(4.0)

Effects on the Consolidated Statement of Comprehensive Income [Abstract]

Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) [Table Text Block]

The following table presents the effects of the Company's designated financial instruments on the associated financial statement line item within the Consolidated Statement of Comprehensive Income (Loss) where the financial instruments are recorded for the three months ended September 30:

	Classification and amount of gain (loss) recognized in income on cash flow hedging relationships
	2020				2019
In millions	Cost of goods sold		Interest expense		Cost of goods sold		Interest expense
Total amounts presented in the Consolidated Statements of Comprehensive Income (Loss)	$	(2,360.8)	$	(62.4)	$	(2,366.6)	$	(63.9)
Gain (loss) on cash flow hedging relationships
Currency derivatives:
Amount of gain (loss) reclassified from AOCI and recognized into Net earnings	$	(0.9)	$	—	$	—	$	—
Amount excluded from effectiveness testing recognized in net earnings based on changes in fair value and amortization	$	(0.5)	$	—	$	(0.8)	$	—
Interest rate swaps & locks:
Amount of gain (loss) reclassified from AOCI and recognized into Net earnings	$	—	$	0.2	$	—	$	0.2

The following table presents the effects of the Company's designated financial instruments on the associated financial statement line item within the Consolidated Statement of Comprehensive Income (Loss) where the financial instruments are recorded for the nine months ended September 30:

	Classification and amount of gain (loss) recognized in income on cash flow hedging relationships
	2020				2019
In millions	Cost of goods sold		Interest expense		Cost of goods sold		Interest expense
Total amounts presented in the Consolidated Statements of Comprehensive Income (Loss)	$	(6,420.1)	$	(186.8)	$	(6,818.6)	$	(179.4)
Gain (loss) on cash flow hedging relationships
Currency derivatives:
Amount of gain (loss) reclassified from AOCI and recognized into Net earnings	$	(1.6)	$	—	$	(1.3)	$	—
Amount excluded from effectiveness testing recognized in net earnings based on changes in fair value and amortization	$	(1.6)	$	—	$	(2.3)	$	—
Interest rate swaps & locks:
Amount of gain (loss) reclassified from AOCI and recognized into Net earnings	$	—	$	0.5	$	—	$	0.5