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Derivatives (Tables) | 3 Months Ended
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Mar. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block] | The following table summarizes the reclassification of pre-tax derivative gains and losses into net income from accumulated other comprehensive income (loss) for those derivative instruments designated as cash flow and fair value hedges under Accounting Standards Codification (ASC) 815 - Derivatives and Hedging:
|  | Location |  |  |  |  |  | Gain (Loss) Reclassified During |  | Total of Financial |  | Gain (Loss) Expected
|  | of Gain (Loss) |  |  |  | Three Months Ended |  | Statement |  | to be Reclassified
|  | Reclassified into |  |  |  | March 31, |  | Line Item |  | During the
|  | Net Income |  |  |  |  |  | 2025 |  | 2024 |  | 2025 |  | Next 12 Months
|  |  |  |  |  |  |  | (in millions)
Currency forward contracts |  | Cost of Goods Sold |  |  |  |  |  | $ | (4.1) |  |  | $ | 4.7 |  |  | $ | 1,237.4 |  |  | $ | (7.4) |
Fixed-to-fixed cross-currency swap |  | Other Expense, net |  |  |  |  |  | (8.0) |  |  | 5.0 |  |  | (2.9) |  |  | — |
Variable-to-fixed interest rate swap |  | Interest Expense |  |  |  |  |  | 1.0 |  |  | 0.3 |  |  | (42.9) |  |  | 1.7 |
See Note 8 - Reclassifications out of Accumulated Other Comprehensive Income (Loss) (AOCI) for amounts recognized in other comprehensive income (loss) during the three months ended March 31, 2025 and 2024. The following table summarizes the amount and location of gains recognized in the Condensed Consolidated Statements of Income for those derivative instruments not designated as hedging instruments under ASC 815:
|  | Location |  |  |  |  |  | Gain Recognized During |  | Total of Financial
|  | of Gain |  |  |  | Three Months Ended |  | Statement
|  | Recognized in |  |  |  | March 31, |  | Line Item
|  | Net Income |  |  |  |  |  | 2025 |  | 2024 |  | 2025
|  |  |  |  |  |  |  | (in millions)
Currency forward contracts |  | Other Expense, net |  |  |  |  |  | $ | 0.9 |  |  | $ | 1.1 |  |  | $ | (2.9) |
Currency forward contracts |  | Gain on Business Combination Derivative |  |  |  |  |  | 21.9 |  |  | — |  |  | 21.9

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- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4CC -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4CC Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E + Details
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