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Financial Instruments and Hedging Activities (Tables)
9 Months Ended
Sep. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Values of Derivative Instruments Included on Consolidated Balance Sheet
The following table presents the fair values of derivative instruments included on the condensed consolidated balance sheet:
  
Derivative Assets
 
Derivative Liabilities
In millions
September 30,
2016
 
December 31,
2015
 
September 30,
2016
 
December 31,
2015
Total derivatives designated as hedging instruments
 
$
9.7

 
 
$
60.9

 
 
$
(11.3
)
 
 
$
(38.9
)
Total derivatives not designated as hedging instruments
 
131.1

 
 
144.4

 
 
(16.6
)
 
 
(5.5
)
Total derivatives
 
$
140.8

 
 
$
205.3

 
 
$
(27.9
)
 
 
$
(44.4
)
Derivatives Pretax Amounts Affecting Income and Other Comprehensive Income
The following table presents the pretax amounts affecting income and other comprehensive income (“OCI”) for the nine months ended September 30, 2016 and 2015, respectively:
 
Gain (Loss)
Recognized in
Accumulated OCI
 
Gain (Loss) Reclassified
into Income from
Accumulated OCI
 
Gain (Loss) Recognized in
Income on Derivative(1)
 
 
 
 
 
 
In millions
2016
 
2015
 
2016
 
2015
 
2016
 
2015
Cash Flow Hedges
 
$
(13.6
)
 
 
$
19.7

 
 
$
15.6

 
 
$
34.3

 


 

$
22.9

Net Investment Hedges
 
$
(96.5
)
 
 
$
493.5

 
 
$
(18.3
)
 
 
$
(0.2
)
 
 
 
 
 
 
Undesignated derivatives
 
 
 
 
 
 
 
 
 
 
 
 
 
$
(4.1
)

 
$
19.5

(1)
Includes amounts excluded from effectiveness testing, ineffectiveness, and undesignated gains (losses).