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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - 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, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
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 $ 26.6 $ (4.3) $ 42.1 $ 10.9
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 (Effective Portion) 57.9 (3.9) 82.6 24.3
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 (Effective Portion) 16.3 (8.3) 23.6 (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 (Effective Portion) 0.0 (0.4) 0.0 (0.3)
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) 19.4 3.6 23.3 5.4
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) 2.0 1.5 3.6 3.1
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 $ 0.0 $ 1.5 $ 0.0 $ 7.8