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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
Mar. 31, 2021
Mar. 31, 2020
Derivative Instruments, Gain (Loss)    
Cost of sales $ (293.4) $ (265.1)
Selling, general, and administrative expenses (330.8) (307.8)
Other Income, net 5.5 1.9
Foreign currency contracts | Cost of sales    
Gain (loss) on fair value hedging relationships:    
Hedged items 0.0 0.0
Amount excluded from effectiveness testing recognized in earnings based on an amortization approach 0.0 0.0
Gain (loss) on cash flow hedging relationships:    
Amount of gain (loss) reclassified from accumulated OCI into income (5.5) 6.1
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
Foreign currency contracts | Selling, general, and administrative expenses    
Gain (loss) on fair value hedging relationships:    
Hedged items 0.0 0.0
Amount excluded from effectiveness testing recognized in earnings based on an amortization approach 0.0 0.0
Gain (loss) on cash flow hedging relationships:    
Amount of gain (loss) reclassified from accumulated OCI into income 0.1 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
Foreign currency contracts | Other Income, net    
Gain (loss) on fair value hedging relationships:    
Hedged items (5.5) (0.7)
Amount excluded from effectiveness testing recognized in earnings based on an amortization approach 0.8 1.0
Gain (loss) on cash flow hedging relationships:    
Amount of gain (loss) reclassified from accumulated OCI into income 0.0 0.0
Foreign currency contracts | Other Income, net | Derivatives designated as hedging instruments    
Gain (loss) on fair value hedging relationships:    
Derivatives designated as hedging instruments $ 5.5 $ 0.7