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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Schedule of Effect of Fair Value and Cash Flow Hedge Accounting on the Consolidated Condensed Statements of Operations (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Derivative Instruments, Gain (Loss)    
Cost of sales $ (385.6) $ (329.5)
Other income, net 5.4 1.6
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 2.4 29.8
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 | Other income, net    
Gain (loss) on fair value hedging relationships:    
Hedged items (4.0) 1.2
Amount excluded from effectiveness testing recognized in earnings based on an amortization approach 0.8 1.2
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 $ 4.0 $ (1.2)