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Hedging Activities and Fair Value Measurements, Fair Value Measurements (Details) - Recurring [Member] - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Financial Assets [Abstract]    
Foreign currency forwards [1] $ 3.0 $ 0.5
Trading securities held in deferred compensation plan [2] 6.3 7.3
Total 9.3 7.8
Financial Liabilities [Abstract]    
Foreign currency forwards [1] 1.6 0.5
Interest rate swaps [3] 11.6 13.1
Deferred compensation plan [2] 6.3 7.3
Acquired deferred compensation plan [4] 11.4  
Total 30.9 20.9
Level 1 [Member]    
Financial Assets [Abstract]    
Foreign currency forwards [1] 0.0 0.0
Trading securities held in deferred compensation plan [2] 6.3 7.3
Total 6.3 7.3
Financial Liabilities [Abstract]    
Foreign currency forwards [1] 0.0 0.0
Interest rate swaps [3] 0.0 0.0
Deferred compensation plan [2] 6.3 7.3
Acquired deferred compensation plan [4] 11.4  
Total 17.7 7.3
Level 2 [Member]    
Financial Assets [Abstract]    
Foreign currency forwards [1] 3.0 0.5
Trading securities held in deferred compensation plan [2] 0.0 0.0
Total 3.0 0.5
Financial Liabilities [Abstract]    
Foreign currency forwards [1] 1.6 0.5
Interest rate swaps [3] 11.6 13.1
Deferred compensation plan [2] 0.0 0.0
Acquired deferred compensation plan [4] 0.0  
Total 13.2 13.6
Level 3 [Member]    
Financial Assets [Abstract]    
Foreign currency forwards [1] 0.0 0.0
Trading securities held in deferred compensation plan [2] 0.0 0.0
Total 0.0 0.0
Financial Liabilities [Abstract]    
Foreign currency forwards [1] 0.0 0.0
Interest rate swaps [3] 0.0 0.0
Deferred compensation plan [2] 0.0 0.0
Acquired deferred compensation plan [4] 0.0  
Total $ 0.0 $ 0.0
[1] Based on calculations that use readily observable market parameters at their basis, such as spot and forward rates.
[2] Based on the quoted price of publicly traded mutual funds which are classified as trading securities and accounted for using the mark-to-market method.
[3] Measured as the present value of all expected future cash flows based on the LIBOR-based swap yield curves as of March 31, 2020.  The present value calculation uses discount rates that have been adjusted to reflect the credit quality of the Company and its counterparties.
[4] The Company acquired two deferred compensation plans with the Ingersoll Rand Industrial acquisition.  The balance included herein is based on the quoted price of publicly traded mutual funds and certain publicly traded stock.  A portion of the deferred compensation plans acquired is settled in the Company’s shares and recorded in equity at historical cost, and as such, is not included in this fair value table.