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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
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Mar. 31, 2024 | Mar. 31, 2023
Foreign currency contracts | Derivatives not designated as hedging instruments |  |
Derivative Instruments, Gain (Loss) |  |
Amount of Gain or (Loss) Recognized in Income on Derivative | $ 12.4 | $ (5.4)
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) | 36.2 | 3.7
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) | 2.4 | 29.8
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) | 4.4 | (2.5)
Net investment hedges | Cross-currency swap contracts | Derivatives designated as hedging instruments | Interest income, net |  |
Derivative Instruments, Gain (Loss) |  |
Amount of Gain or (Loss) Recognized in Income on Derivative (Amount Excluded from Effectiveness Testing) | 1.7 | 1.7
Fair value hedges | Foreign currency contracts | Derivatives designated as hedging instruments |  |
Derivative Instruments, Gain (Loss) |  |
Amount of Gain or (Loss) Recognized in Income on Derivative | $ 4.8 | $ 0.0

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- Definition Amount, before tax and reclassification, of gain (loss) from derivative instrument designated and qualifying cash flow hedge included in assessment of hedge effectiveness. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-11 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4C -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4C Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480627/815-20-45-3 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4A Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 10A -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-10A + Details
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