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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
 6 Months Ended
Jun. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative Financial Instruments at Fair Value
The following table presents assets and liabilities representing the fair value of our most significant derivative financial instruments. The fair values of the derivatives reflect the change in the market value of the derivative from the date of the trade execution and do not consider the offsetting underlying hedged item.
 Expiring at various dates through:Total USD
Equivalent
Notional
Amount		As of June 30, 2021
 AssetsLiabilities
Other Current
Assets		Other Current
Liabilities		Other Long-Term Liabilities
Derivatives designated as hedging instruments
Cash flow hedges:
Currency hedges:
Future USD sales/purchases of Canadian, Chinese, European, South Korean, Swiss, and UK subsidiariesDec 2022$161.2 $4.0 $.2 $.2 
Future DKK sales of Polish subsidiaryDec 202217.5 — .1 — 
Future EUR sales of Chinese, Swiss, and UK subsidiariesDec 202256.7 1.4 — — 
Future MXN purchases of a USD subsidiarySep 20229.4 .6 — — 
Total cash flow hedges
6.0 .3 .2 
Fair value hedges:
Intercompany and third-party receivables and payables exposed to multiple currencies (DKK, EUR, MXN, USD, and ZAR) in various countries (CAD, CNY, EUR, PLN, and USD)Oct 2021137.8 .5 .2 — 
Derivatives not designated as hedging instruments
Non-deliverable hedges (EUR and USD) exposed to the CNYMar 202214.2 .4 — — 
USD receivable on a CAD subsidiaryJul 202118.0 .1 — — 
GBP sales and receivables on a EUR subsidiaryDec 202122.1 .1 — — 
Total derivatives not designated as hedging instruments.6 — — 
Total derivatives$7.1 $.5 $.2 
 Expiring at various dates through:Total USD
Equivalent
Notional
Amount		As of December 31, 2020
 AssetsLiabilities
Other Current
Assets		SundryOther Current
Liabilities		Other Long-Term Liabilities
Derivatives designated as hedging instruments
Cash flow hedges:
Currency hedges:
Future USD sales/purchases of Canadian, Chinese, European, South Korean, Swiss and UK subsidiariesJun 2022$149.3 $6.3 $.1 $1.2 $.1 
Future MXN purchases of a USD subsidiaryJun 20229.3.7 .1 — — 
Future DKK sales of a Polish subsidiaryJun 202218.5— — .5 .1 
Future EUR sales of Chinese and UK subsidiariesJun 202246.7 — — .2 .1 
Total cash flow hedges7.0 .2 1.9 .3 
Fair value hedges:
Intercompany and third-party receivables and payables exposed to multiple currencies (DKK, EUR, MXN, USD and ZAR) in various countries (CAD, CNY, GBP, PLN and USD)Jun 202149.5 .3 — .1 — 
Derivatives not designated as hedging instruments
Non-deliverable hedges (EUR and USD) exposed to the CNYDec 202114.4 .4 — — — 
Hedge of USD receivable on a CAD subsidiaryJan 202118.5 — — .2 — 
Total derivatives not designated as hedging instruments.4 — .2 — 
Total derivatives$7.7 $.2 $2.2 $.3 
Pre-Tax (Gains) Losses of Hedging Activities The following table sets forth the pretax (gains) losses for our hedging activities for the periods presented. This schedule includes reclassifications (including impact of underlying transactions probable of not occurring) from accumulated other comprehensive income (see Note 12) as well as derivative settlements recorded directly to income or expense.
  
Caption in Consolidated Condensed Statements of OperationsAmount of (Gain) Loss Recorded in Income Six Months Ended 
 June 30,		Amount of (Gain) Loss Recorded in Income Three Months Ended June 30,
2021202020212020
Derivatives designated as hedging instruments
Interest rate cash flow hedgesInterest expense$2.3 $2.2 $1.2 $1.1 
Currency cash flow hedgesNet trade sales(4.9)1.2 (2.7).6 
Currency cash flow hedgesCost of goods sold.3 (.3).1 — 
Total cash flow hedges(2.3)3.1 (1.4)1.7 
Fair value hedgesOther (income) expense, net(4.0)2.5 (3.5)(2.5)
Derivatives not designated as hedging instrumentsOther (income) expense, net(.2)(.2)(.5)1.1 
Total derivative instruments$(6.5)$5.4 $(5.4)$.3