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Financial Instruments and Hedging Activities (Tables)
3 Months Ended
Mar. 31, 2017
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
March 31,
2017
 
December 31,
2016
 
March 31,
2017
 
December 31,
2016
Total derivatives designated as hedging instruments
 
$
20.5

 
 
$
36.9

 
 
$
(5.4
)
 
 
$
(3.7
)
Total derivatives not designated as hedging instruments
 
134.1

 
 
144.4

 
 
(5.8
)
 
 
(1.9
)
Total derivatives
 
$
154.6

 
 
$
181.3

 
 
$
(11.2
)
 
 
$
(5.6
)
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 three months ended March 31, 2017 and 2016, 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
2017
 
2016
 
2017
 
2016
 
2017
 
2016
Cash Flow Hedges
 
$
(11.1
)
 
 
$
(16.1
)
 
 
$
6.1

 
 
$
16.5

 

$

 

$

Net Investment Hedges
 
$
(158.7
)
 
 
$
(318.2
)
 
 
$
(109.0
)
 
 
$
(18.3
)
 
 
 
 
 
 
Undesignated derivatives
 
 
 
 
 
 
 
 
 
 
 
 
 
$
3.3


 
$
(5.1
)
(1)
Includes amounts excluded from effectiveness testing, ineffectiveness, and undesignated gains (losses).