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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Cash Flow Hedge Effects on Statement of Operations (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Derivative Instruments, Gain (Loss)        
Cost of sales $ (269.4) $ (334.3) $ (568.7) $ (627.7)
Selling, general, and administrative expenses (409.0) (374.5) (779.3) (705.3)
Other Income, net 4.3 4.4 1.0 9.9
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 16.3 (8.3) 23.6 (13.8)
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 0.0 (0.4) 0.0 (0.3)
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   (0.7)   (6.2)
Amount excluded from effectiveness testing recognized in earnings based on an amortization approach   0.8   1.6
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 Income, net | Derivatives designated as hedging instruments        
Gain (loss) on fair value hedging relationships:        
Derivatives designated as hedging instruments   $ 0.7   $ 6.2