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DERIVATIVES AND HEDGING TRANSACTIONS - Derivative Positions Summary (Details) € in Millions, $ in Millions | Dec. 31, 2022 USD ($) | Dec. 31, 2022 EUR (€) | Dec. 31, 2021 USD ($)
--- | --- | --- | ---
Asset Derivatives |  |  |
Gross value of derivatives | $ 177.6 |  | $ 105.7
Gross amounts offset in the Consolidated Balance Sheet | (75.6) |  | (14.9)
Net value of derivatives presented in the Consolidated Balance Sheet | 102.0 |  | 90.8
Liability Derivatives |  |  |
Gross value of derivatives | 279.2 |  | 24.3
Gross amounts offset in the Consolidated Balance Sheet | (75.6) |  | (14.9)
Net value of derivatives presented in the Consolidated Balance Sheet | 203.6 |  | 9.4
Cash collateral received | 0.0 |  |
Cash collateral pledged | 0.0 |  |
Foreign currency forward contracts |  |  |
Liability Derivatives |  |  |
Notional values | 5,745.0 |  | 4,059.0
Interest rate swap agreements |  |  |
Liability Derivatives |  |  |
Notional values | 1,500.0 |  | 1,250.0
Cross-currency swap derivative contracts |  |  |
Liability Derivatives |  |  |
Notional values | 650.0 | € 625 | 482.0
Derivatives designated as hedging instruments | Foreign currency forward contracts |  |  |
Asset Derivatives |  |  |
Gross value of derivatives | 78.6 |  | 44.7
Liability Derivatives |  |  |
Gross value of derivatives | 9.2 |  | 2.6
Derivatives designated as hedging instruments | Interest rate swap agreements |  |  |
Asset Derivatives |  |  |
Gross value of derivatives |  |  | 1.8
Liability Derivatives |  |  |
Gross value of derivatives | 181.4 |  | 10.1
Derivatives designated as hedging instruments | Cross-currency swap derivative contracts |  |  |
Asset Derivatives |  |  |
Gross value of derivatives | 58.7 |  | 9.4
Liability Derivatives |  |  |
Gross value of derivatives | 14.5 |  | 1.6
Derivatives not designated as hedging instruments | Foreign currency forward contracts |  |  |
Asset Derivatives |  |  |
Gross value of derivatives | 40.3 |  | 49.8
Liability Derivatives |  |  |
Gross value of derivatives | $ 74.1 |  | $ 10.0

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