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Derivative Instruments and Hedging Activities - Classification of Gain (Loss) of Cash Flow and Fair Value Hedging Relationships (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2020
[1]
Sep. 30, 2020
[2]
Jun. 30, 2020
[3]
Mar. 31, 2020
Dec. 31, 2019
[4]
Sep. 28, 2019
[5]
Jun. 29, 2019
[6]
Mar. 30, 2019
[7]
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Derivative Instruments, Gain (Loss) [Line Items]                      
Net sales $ 1,289.5 $ 1,213.7 $ 1,219.1 $ 1,341.0 $ 1,322.8 $ 1,191.1 $ 1,149.0 $ 1,174.5 $ 5,063.3 [8] $ 4,837.4 [8] $ 4,731.7 [8]
Cost of sales                 3,248.1 3,064.1 2,900.2
Interest expense, net                 131.2 121.7 128.0
Other (income) expense, net                 17.2 (66.0) $ 6.1
Foreign currency forward contracts | Net sales                      
Derivative Instruments, Gain (Loss) [Line Items]                      
Amount of gain or (loss) reclassified from AOCI into earnings                 0.2 2.5  
Amount excluded from effectiveness testing recognized using a systematic and rational amortization approach                 0.1 (2.1)  
Foreign currency forward contracts | Cost of sales                      
Derivative Instruments, Gain (Loss) [Line Items]                      
Amount of gain or (loss) reclassified from AOCI into earnings                 2.9 0.1  
Amount excluded from effectiveness testing recognized using a systematic and rational amortization approach                 1.1 (1.5)  
Foreign currency forward contracts | Interest expense, net                      
Derivative Instruments, Gain (Loss) [Line Items]                      
Amount of gain or (loss) reclassified from AOCI into earnings                 0.0 0.0  
Amount excluded from effectiveness testing recognized using a systematic and rational amortization approach                 0.0 0.0  
Foreign currency forward contracts | Other (income) expense, net                      
Derivative Instruments, Gain (Loss) [Line Items]                      
Amount of gain or (loss) reclassified from AOCI into earnings                 0.0 0.0  
Amount excluded from effectiveness testing recognized using a systematic and rational amortization approach                 0.5 0.0  
Treasury locks | Net sales                      
Derivative Instruments, Gain (Loss) [Line Items]                      
Amount of gain or (loss) reclassified from AOCI into earnings                 0.0 0.0  
Treasury locks | Cost of sales                      
Derivative Instruments, Gain (Loss) [Line Items]                      
Amount of gain or (loss) reclassified from AOCI into earnings                 0.0 0.0  
Treasury locks | Interest expense, net                      
Derivative Instruments, Gain (Loss) [Line Items]                      
Amount of gain or (loss) reclassified from AOCI into earnings                 (0.1) (0.1)  
Treasury locks | Other (income) expense, net                      
Derivative Instruments, Gain (Loss) [Line Items]                      
Amount of gain or (loss) reclassified from AOCI into earnings                 0.0 0.0  
Interest rate swap agreements | Net sales                      
Derivative Instruments, Gain (Loss) [Line Items]                      
Amount of gain or (loss) reclassified from AOCI into earnings                 0.0 0.0  
Interest rate swap agreements | Cost of sales                      
Derivative Instruments, Gain (Loss) [Line Items]                      
Amount of gain or (loss) reclassified from AOCI into earnings                 0.0 0.0  
Interest rate swap agreements | Interest expense, net                      
Derivative Instruments, Gain (Loss) [Line Items]                      
Amount of gain or (loss) reclassified from AOCI into earnings                 (1.8) (1.8)  
Interest rate swap agreements | Other (income) expense, net                      
Derivative Instruments, Gain (Loss) [Line Items]                      
Amount of gain or (loss) reclassified from AOCI into earnings                 $ 0.0 $ 0.0  
[1] Includes change in financial assets of $122.3 million and impairment charges of $144.4 million.
[2] Includes impairment charges of $202.4 million, change in financial assets of $22.2 million and loss on early debt extinguishment of $20.0 million.
[3] Includes Rosemont Pharmaceuticals business pre-tax loss of $21.1 million.
[4] Includes impairment charges of $141.6 million.
[5] Includes animal health divestiture pre-tax gain of $71.7 million, Ranitidine market withdrawal charges of $18.4 million, acquisition-related charges and contingent consideration adjustments of $18.1 million, and impairment charges of $10.9 million.
[6] Includes impairment charges of $27.8 million and restructuring charges and other termination benefits of $12.2 million.
[7] Includes change in financial assets of $10.4 million.
[8] The net sales by geography is derived from the location of the entity that sells to a third party.