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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Schedule of Effect of Derivative Instruments on Consolidated Condensed Statements of Operations and Consolidated Condensed Statements of Comprehensive Income (Details) - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2019 | Sep. 30, 2018 | Sep. 30, 2019 | Sep. 30, 2018
Foreign currency contracts | Derivatives not designated as hedging instruments | Other income, net |  |  |  |
Derivative Instruments, Gain (Loss) |  |  |  |
Amount of Gain or (Loss) Recognized in Income on Derivative | $ 3.2 | $ 5.9 | $ 1.7 | $ 7.3
Cash flow hedges | Foreign currency contracts | Derivatives designated as hedging instruments |  |  |  |
Derivative Instruments, Gain (Loss) |  |  |  |
Amount of Gain or (Loss) Recognized in OCI on Derivative | 22.1 | 12.1 | 32.9 | 28.2
Cash flow hedges | Foreign currency contracts | Derivatives designated as hedging instruments | Cost of sales |  |  |  |
Derivative Instruments, Gain (Loss) |  |  |  |
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income | 12.8 | (4.6) | 31.7 | (18.8)
Cash flow hedges | Foreign currency contracts | Derivatives designated as hedging instruments | Selling, general, and administrative expenses |  |  |  |
Derivative Instruments, Gain (Loss) |  |  |  |
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income | 0.6 | (0.4) | 1.4 | (2.5)
Net investment hedges | Cross currency swap contracts | Derivatives designated as hedging instruments |  |  |  |
Derivative Instruments, Gain (Loss) |  |  |  |
Amount of Gain or (Loss) Recognized in OCI on Derivative | 16.3 | (0.5) | 18.4 | (10.5)
Net investment hedges | Cross currency swap contracts | Derivatives designated as hedging instruments | Interest (income) expense, net |  |  |  |
Derivative Instruments, Gain (Loss) |  |  |  |
Amount of Gain or (Loss) Recognized in Income on Derivative (Amount Excluded from Effectiveness Testing) | 1.7 | 1.6 | 5.0 | 1.8
Net investment hedges | Foreign currency denominated debt | Derivatives designated as hedging instruments |  |  |  |
Derivative Instruments, Gain (Loss) |  |  |  |
Amount of Gain or (Loss) Recognized in OCI on Derivative |  |  | 0.0 | 6.8
Fair value hedges | Foreign currency contracts | Derivatives designated as hedging instruments | Other income, net |  |  |  |
Derivative Instruments, Gain (Loss) |  |  |  |
Amount of Gain or (Loss) Recognized in Income on Derivative | $ 2.1 | $ 0.0 | $ (2.1) | $ 0.0

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- Definition Amount of increase (decrease) in the fair value of derivatives recognized in the income statement. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b)(1) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5618551-113959 + Details
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- Definition The estimated value of gains (losses), net anticipated to be transferred in the future from accumulated other comprehensive income into earnings. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 30 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=112277219&loc=d3e80845-113994 + Details
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- Definition Amount, before tax and reclassification, of gain (loss) from derivative instrument designated and qualifying cash flow hedge included in assessment of hedge effectiveness. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 20 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109974929&loc=SL110061190-113977 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5618551-113959 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=118930883&loc=d3e637-108580 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 10A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=118930883&loc=SL7669646-108580 + Details
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