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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 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Foreign currency contracts | Derivatives not designated as hedging instruments | Other (income) expense, net        
Derivative Instruments, Gain (Loss)        
Amount of Gain or (Loss) Recognized in Income on Derivative $ (4.3) $ (6.9) $ 10.9 $ 1.7
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 (3.9) (4.9) 24.3 12.6
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 (8.3) 7.7 (13.8) 13.8
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 (0.4) 0.9 (0.3) 1.7
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 (Effective Portion) 3.6 (9.0) 5.4 22.3
Net investment hedges | Cross currency swap contracts | Derivatives designated as hedging instruments | Interest expense (income), net        
Derivative Instruments, Gain (Loss)        
Amount of Gain or (Loss) Recognized in Income on Derivative (Amount Excluded from Effectiveness Testing) 1.5 1.6 3.1 3.3
Fair value hedges | Foreign currency contracts | Derivatives designated as hedging instruments | Other (income) expense, net        
Derivative Instruments, Gain (Loss)        
Amount of Gain or (Loss) Recognized in Income on Derivative $ 1.5 $ (1.4) $ 7.8 $ 0.3