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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Schedule of Cash Flow Hedge Effects on Statement of Operations (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Derivative Instruments, Gain (Loss)        
Cost of sales $ (238.2) $ (304.0) $ (503.3) $ (535.8)
Selling, general, and administrative expenses (274.9) (308.5) (582.7) (588.8)
Other Expense (Income), net (0.3) 1.4 1.6 3.2
Foreign currency contracts | Cost of sales        
Gain (loss) on fair value hedging relationships:        
Hedged items 0.0 0.0 0.0 0.0
Amount excluded from effectiveness testing recognized in earnings based on an amortization approach 0.0 0.0 0.0 0.0
Gain (loss) on cash flow hedging relationships:        
Amount of gain (loss) reclassified from accumulated OCI into income 7.7 11.3 13.8 18.9
Foreign currency contracts | Cost of sales | Derivatives designated as hedging instruments        
Gain (loss) on fair value hedging relationships:        
Derivatives designated as hedging instruments 0.0 0.0 0.0 0.0
Foreign currency contracts | Selling, general, and administrative expenses        
Gain (loss) on fair value hedging relationships:        
Hedged items 0.0 0.0 0.0 0.0
Amount excluded from effectiveness testing recognized in earnings based on an amortization approach 0.0 0.0 0.0 0.0
Gain (loss) on cash flow hedging relationships:        
Amount of gain (loss) reclassified from accumulated OCI into income 0.9 0.5 1.7 0.8
Foreign currency contracts | Selling, general, and administrative expenses | Derivatives designated as hedging instruments        
Gain (loss) on fair value hedging relationships:        
Derivatives designated as hedging instruments 0.0 0.0 0.0 0.0
Foreign currency contracts | Other Expense (Income), net        
Gain (loss) on fair value hedging relationships:        
Hedged items 2.2 4.5 1.5 6.3
Amount excluded from effectiveness testing recognized in earnings based on an amortization approach 0.8 1.2 1.8 2.1
Gain (loss) on cash flow hedging relationships:        
Amount of gain (loss) reclassified from accumulated OCI into income 0.0 0.0 0.0 0.0
Foreign currency contracts | Other Expense (Income), net | Derivatives designated as hedging instruments        
Gain (loss) on fair value hedging relationships:        
Derivatives designated as hedging instruments $ (2.2) $ (4.5) $ (1.5) $ (6.3)