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Financial Instruments (Tables)
 12 Months Ended
Dec. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location
The following effects of risk-management instruments were recognized in other–net, (income) expense:
202020192018
Fair value hedges:
Effect from hedged fixed-rate debt$86.9 $112.1 $(40.9)
Effect from interest rate contracts(86.9)(112.1)40.9 
Cash flow hedges:
Effective portion of losses on interest rate contracts reclassified from accumulated other comprehensive loss
16.4 15.9 14.8 
   Cross-currency interest rate swaps(102.4)(17.1)— 
Net (gains) losses on foreign currency exchange contracts not designated as hedging instruments(123.7)61.9 100.0 
Total
$(209.7)$60.7 $114.8 
Schedule of effective portion of risk-management instruments that was recognized in other comprehensive income (loss), net investment hedges
The effective portion of risk-management instruments that was recognized in other comprehensive income (loss) is as follows:
202020192018
Net investment hedges:
    Foreign currency-denominated notes$(404.0)$40.1 $110.4 
    Cross-currency interest rate swaps(207.9)47.4 96.8 
    Foreign currency exchange contracts— — 5.7 
Cash flow hedges:
    Forward-starting interest rate swaps
(110.9)31.6 — 
    Cross-currency interest rate swaps(53.7)(8.3)— 
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)
The effective portion of risk-management instruments that was recognized in other comprehensive income (loss) is as follows:
202020192018
Net investment hedges:
    Foreign currency-denominated notes$(404.0)$40.1 $110.4 
    Cross-currency interest rate swaps(207.9)47.4 96.8 
    Foreign currency exchange contracts— — 5.7 
Cash flow hedges:
    Forward-starting interest rate swaps
(110.9)31.6 — 
    Cross-currency interest rate swaps(53.7)(8.3)— 
Fair Value, Assets Measured on Recurring Basis
The following tables summarize certain fair value information at December 31 for assets and liabilities measured at fair value on a recurring basis, as well as the carrying amount and amortized cost of certain other investments:
   Fair Value Measurements Using 
DescriptionCarrying
Amount
Cost (1)
Quoted Prices in Active Markets for Identical Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)		Fair
Value
December 31, 2020
Cash equivalents$2,097.9 $2,097.9 $2,097.9 $— $— $2,097.9 
Short-term investments:
U.S. government and agency securities$9.9 $9.9 $9.9 $— $— $9.9 
Corporate debt securities2.8 2.8 — 2.8 — 2.8 
Asset-backed securities1.2 1.2 — 1.2 — 1.2 
Other securities10.3 10.3 — — 10.3 10.3 
Short-term investments$24.2 
Noncurrent investments:
U.S. government and agency securities$78.7 $74.3 $78.7 $— $— $78.7 
Corporate debt securities137.0 126.8 — 137.0 — 137.0 
Mortgage-backed securities106.4 101.4 — 106.4 — 106.4 
Asset-backed securities24.3 23.7 — 24.3 — 24.3 
Other securities110.5 31.8 — — 110.5 110.5 
Marketable equity securities1,664.2 311.6 1,664.2 — — 1,664.2 
Equity investments without readily determinable fair values(2)
373.9 
Equity method investments(2)
471.8 
Noncurrent investments$2,966.8 
December 31, 2019
Cash equivalents$1,025.4 $1,025.4 $1,025.4 $— $— $1,025.4 
Short-term investments:
U.S. government and agency securities$7.2 $7.2 $7.2 $— $— $7.2 
Corporate debt securities81.4 81.1 — 81.4 — 81.4 
Asset-backed securities2.6 2.6 — 2.6 — 2.6 
Other securities9.8 9.8 — — 9.8 9.8 
Short-term investments$101.0 
Noncurrent investments:
U.S. government and agency securities$77.2 $76.3 $77.2 $— $— $77.2 
Corporate debt securities271.1 267.8 — 271.1 — 271.1 
Mortgage-backed securities101.1 99.6 — 101.1 — 101.1 
Asset-backed securities30.0 29.6 — 30.0 — 30.0 
Other securities60.0 27.4 — — 60.0 60.0 
Marketable equity securities718.6 254.4 718.6 — — 718.6 
Equity investments without readily determinable fair values(2)
405.0 
Equity method investments(2)
299.4 
Noncurrent investments$1,962.4 
(1) For available-for-sale debt securities, amounts disclosed represent the securities' amortized cost.
(2) Fair value disclosures are not applicable for equity method investments and investments accounted for under the measurement alternative for equity investments.
Fair Value, Liabilities Measured on Recurring Basis
 Fair Value Measurements Using 
DescriptionCarrying
Amount		Quoted Prices in Active Markets for Identical Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)		Fair
Value
Short-term commercial paper borrowings
December 31, 2020$— $— $— $— $— 
December 31, 2019(1,494.2)— (1,491.6)— (1,491.6)
Long-term debt, including current portion
December 31, 2020$(16,595.3)$— $(19,038.9)$— $(19,038.9)
December 31, 2019(13,823.0)— (15,150.0)— (15,150.0)
Fair Value, by Balance Sheet Grouping
 Fair Value Measurements Using 
DescriptionCarrying
Amount		Quoted Prices in Active Markets for Identical Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)		Fair
Value
December 31, 2020
Risk-management instruments
Interest rate contracts designated as fair value hedges:
Other noncurrent assets$158.9 $— $158.9 $— $158.9 
Interest rate contracts designated as cash flow hedges:
Other noncurrent assets38.1 — 38.1 — 38.1 
Other noncurrent liabilities
(97.8)— (97.8)— (97.8)
Cross-currency interest rate contracts designated as net investment hedges:
    Other current liabilities
(92.6)— (92.6)— (92.6)
Other noncurrent liabilities
(97.2)— (97.2)— (97.2)
Cross-currency interest rate contracts designated as cash flow hedges:
Other noncurrent assets34.4 — 34.4 — 34.4 
Other noncurrent liabilities
(2.9)— (2.9)— (2.9)
Foreign exchange contracts not designated as hedging instruments:
Other receivables41.1 — 41.1 — 41.1 
Other current liabilities(15.2)— (15.2)— (15.2)
December 31, 2019
Risk-management instruments
Interest rate contracts designated as fair value hedges:
Other noncurrent assets72.0 — 72.0 — 72.0 
Interest rate contracts designated as cash flow hedges:
Other noncurrent assets43.3 — 43.3 — 43.3 
Cross-currency interest rate contracts designated as net investment hedges:
Other noncurrent assets45.1 — 45.1 — 45.1 
    Other current liabilities
(21.4)— (21.4)— (21.4)
Other noncurrent liabilities
(5.7)— (5.7)— (5.7)
Cross-currency interest rate contracts designated as cash flow hedges:
Other noncurrent assets3.0 — 3.0 — 3.0 
Other noncurrent liabilities
(20.1)— (20.1)— (20.1)
Foreign exchange contracts not designated as hedging instruments:
Other receivables18.4 — 18.4 — 18.4 
Other current liabilities(11.9)— (11.9)— (11.9)
Fair Value, Liabilities Measured on Recurring and Nonrecurring Basis
The table below summarizes the contractual maturities of our investments in debt securities measured at fair value as of December 31, 2020:
 Maturities by Period
  TotalLess Than
1 Year		1-5 Years6-10 YearsMore Than 10 Years
Fair value of debt securities$360.3 $13.9 $135.6 $82.7 $128.1 
Available-for-sale Securities
A summary of the fair value of available-for-sale securities in an unrealized gain or loss position and the amount of unrealized gains and losses in accumulated other comprehensive loss follows:
20202019
Unrealized gross gains$20.9 $10.3 
Unrealized gross losses0.5 4.0 
Fair value of securities in an unrealized gain position348.9 429.5 
Fair value of securities in an unrealized loss position11.4 141.1 
Gain (Loss) on Investments
Activity related to our available-for-sale securities was as follows:
202020192018
Proceeds from sales$264.8 $431.6 $5,529.0 
Realized gross gains on sales4.5 4.9 3.6 
Realized gross losses on sales8.2 3.0 49.2