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FINANCIAL INSTRUMENTS - Pretax Effect of Cash Flow Hedge Accounting (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jul. 03, 2021
Jun. 27, 2020
Jul. 03, 2021
Jun. 27, 2020
Derivative [Line Items]        
Cost of sales $ 2,757.3 $ 2,134.7 $ 5,390.1 $ 4,241.0
Interest expense 46.5 57.3 94.0 117.0
Cost of sales | Foreign Exchange Contracts        
Derivative [Line Items]        
Hedged Items 7.6 (4.3) 11.4 (6.6)
Gain (loss) reclassified from OCI into Income (7.6) 4.3 (11.4) 6.6
Cost of sales | Interest Rate Swap        
Derivative [Line Items]        
Gain (loss) reclassified from OCI into Income 0.0 0.0 0.0 0.0
Interest expense | Foreign Exchange Contracts        
Derivative [Line Items]        
Hedged Items 0.0 0.0 0.0 0.0
Gain (loss) reclassified from OCI into Income 0.0 0.0 0.0 0.0
Interest expense | Interest Rate Swap        
Derivative [Line Items]        
Gain (loss) reclassified from OCI into Income $ (1.0) $ (4.7) $ (2.1) $ (9.2)