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DERIVATIVES AND HEDGING TRANSACTIONS - Information by Type of Derivative and Hedging Activities (Details)
€ in Millions, ¥ in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2023
EUR (€)
Dec. 31, 2023
CNY (¥)
Nov. 30, 2023
EUR (€)
Oct. 31, 2023
CNY (¥)
Aug. 31, 2023
CNY (¥)
Apr. 30, 2022
Fair Value Hedges                  
Derivative liability $ 169.6 $ 203.6              
Net Investment Hedges                  
Revaluation (loss) gain, net of tax (73.1) 108.3 $ 51.6            
Seven year 2008 senior notes                  
Fair Value Hedges                  
Aggregate principal amount 1,500.0                
Cost of sales                  
Impact on AOCI and earnings from derivative contracts                  
Gain (loss) on derivative recognized in income $ 10.6 $ 6.4 $ (11.0)            
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Cost of Goods and Services Sold Cost of Goods and Services Sold Cost of Goods and Services Sold            
Selling, general and administrative expenses                  
Impact on AOCI and earnings from derivative contracts                  
Gain (loss) on derivative recognized in income $ (45.1) $ 157.0 $ 121.3            
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Selling, General and Administrative Expense Selling, General and Administrative Expense Selling, General and Administrative Expense            
Interest expense, net                  
Impact on AOCI and earnings from derivative contracts                  
Gain (loss) on derivative recognized in income $ 5.8 $ 11.6 $ 18.7            
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Interest Expense, Net Interest Expense, Net Interest Expense, Net            
Foreign currency forward contracts                  
Net Investment Hedges                  
Notional values $ 3,745.0 $ 5,745.0              
Foreign currency forward contracts | Derivatives not designated as hedging instruments                  
Impact on AOCI and earnings from derivative contracts                  
Gain (loss) on derivative recognized in income $ (26.2) $ 62.0 $ 73.7            
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Selling, General and Administrative Expense Selling, General and Administrative Expense Selling, General and Administrative Expense            
Interest rate swap agreements                  
Net Investment Hedges                  
Notional values $ 1,500.0 $ 1,500.0              
Cross-currency swap derivative contracts                  
Net Investment Hedges                  
Notional values 998.0 650.0   € 625 ¥ 2,192        
Cross-currency swap derivative contracts | Euro                  
Net Investment Hedges                  
Notional values 690.0                
Cross-currency swap derivative contracts | CNY                  
Net Investment Hedges                  
Notional values 308.0                
Minimum                  
Impact on AOCI and earnings from derivative contracts                  
Interest rate (as a percent)                 1.30%
Fair Value Hedges                  
Interest rate (as a percent)                 1.30%
Maximum                  
Impact on AOCI and earnings from derivative contracts                  
Interest rate (as a percent)                 4.80%
Fair Value Hedges                  
Interest rate (as a percent)                 4.80%
Cash Flow Hedges. | Foreign currency forward contracts | Derivatives designated as hedging instruments | Cost of sales                  
Impact on AOCI and earnings from derivative contracts                  
Gain (loss) reclassified from AOCI into income (effective portion) 10.6 6.4 $ (11.0)            
Cash Flow Hedges. | Foreign currency forward contracts | Derivatives designated as hedging instruments | Selling, general and administrative expenses                  
Impact on AOCI and earnings from derivative contracts                  
Gain (loss) reclassified from AOCI into income (effective portion) (18.9) 95.0 47.6            
Cash Flow Hedges. | Foreign currency forward contracts | Derivatives designated as hedging instruments | Interest expense, net                  
Impact on AOCI and earnings from derivative contracts                  
Amount excluded from the assessment of effectiveness recognized in earnings based on changes in fair value 7.7 13.9 21.0            
Cash Flow Hedges. | Interest rate swap agreements | Derivatives designated as hedging instruments                  
Impact on AOCI and earnings from derivative contracts                  
Gain (loss) reclassified from AOCI into income (effective portion) $ (1.9) $ (2.3) $ (2.3)            
Derivative Instrument, Gain (Loss) Reclassified from AOCI into Income, Effective Portion, Statement of Income or Comprehensive Income [Extensible Enumeration] Interest Expense, Net Interest Expense, Net Interest Expense, Net            
Fair Value Hedges | Interest rate swap agreements                  
Fair Value Hedges                  
Cumulative amount of fair value hedging adjustment $ (148.6) $ (184.8)              
Derivative liability 1,353.7 1,317.5              
Net Investment Hedge                  
Net Investment Hedges                  
Revaluation (loss) gain, net of tax (73.1) 108.3 $ 51.6            
Net Investment Hedge | Senior euro notes                  
Net Investment Hedges                  
Notional values 908.0     € 834          
Net Investment Hedge | Euro debt maturing on January 15, 2024                  
Net Investment Hedges                  
Net investment hedge elected to de-designate | €           € 316      
Net Investment Hedge | Euro Notes                  
Net Investment Hedges                  
Revaluation (loss) gain, net of tax (42.3) 81.9 45.3            
Net Investment Hedge | Cross-currency swap derivative contracts                  
Net Investment Hedges                  
Revaluation (loss) gain, net of tax $ (30.8) $ 26.4 $ 6.3            
Net Investment Hedge | Cross currency interest rate contract maturing in 2032                  
Net Investment Hedges                  
Notional values | ¥             ¥ 1,098 ¥ 1,094