Derivative Financial Instruments and Hedging (Tables)

9 Months Ended

Sep. 30, 2021

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Notional Amounts and Fair Value

The following table summarizes the gross notional amounts and fair values of the designated and non-designated hedges discussed in the above sections as of September 30, 2021:

	Fair Value				Gross Notional Amount
In millions	Designated		Non-Designated		Designated		Non-Designated
Foreign Exchange Contracts
Other current assets	$	8.9	$	—	$	768.2	$	—
Other current liabilities	—		—		—		270.1
Cross-currency Swaps
Other current assets	5.1		—		579.7		—
Total	$	14.0	$	—	$	1,347.9	$	270.1

The following table summarizes the gross notional amounts and fair values of the designated and non-designated hedges discussed in the above sections as of December 31, 2020:

	Fair Value				Gross Notional Amount
In millions	Designated		Non-Designated		Designated		Non-Designated
Foreign Exchange Contracts
Other current assets	$	9.2	$	0.5	$	793.6	$	1.3
Other current liabilities	(3.9)		(1.5)		928.0		319.6
Cross-currency Swaps
Other current liabilities	(26.0)		—		613.2		—
Total	$	(20.7)	$	(1.0)	$	2,334.8	$	320.9