XML 99 R89.htm IDEA: XBRL DOCUMENT
v3.23.3

Derivatives and Hedging Activities - Fair Value of Derivative Instruments (Details) € in Millions, $ in Millions | Sep. 30, 2023 USD ($) | Feb. 28, 2023 EUR (€) | Dec. 31, 2022 USD ($)
--- | --- | --- | ---
Derivatives not designated as hedging instruments: |  |  |
Total Derivative Assets | $ 2.8 |  | $ 7.9
Total Derivative Liabilities | (10.3) |  | (3.2)
Net Derivatives | (7.5) |  | 4.7
Long-term debt | 4,630.9 |  | 3,237.9
Foreign currency forward contracts |  |  |
Derivatives not designated as hedging instruments: |  |  |
Total Derivative Assets | 2.8 |  | 7.9
Total Derivative Liabilities | (7.8) |  | (3.2)
Cross-currency swaps |  |  |
Derivatives not designated as hedging instruments: |  |  |
Total Derivative Liabilities | (2.5) |  | 0.0
Net investment hedge |  |  |
Derivatives not designated as hedging instruments: |  |  |
Total Derivative Assets | 0.0 |  | 0.0
Total Derivative Liabilities | (2.5) |  | 0.0
Net Derivatives | (2.5) |  | 0.0
Net investment hedge | Foreign currency forward contracts |  |  |
Derivatives not designated as hedging instruments: |  |  |
Total Derivative Assets | 0.0 |  | 0.0
Total Derivative Liabilities | 0.0 |  | 0.0
Net investment hedge | Cross-currency swaps |  |  |
Derivatives not designated as hedging instruments: |  |  |
Total Derivative Liabilities | (2.5) |  | 0.0
Designated as hedging instruments | Foreign currency forward contracts |  |  |
Derivatives not designated as hedging instruments: |  |  |
Long-term debt |  | € 400.0 | 426.0
Designated as hedging instruments | Cash Flow Hedge |  |  |
Derivatives not designated as hedging instruments: |  |  |
Total Derivative Assets | 1.5 |  | 2.1
Total Derivative Liabilities | (0.5) |  | (0.8)
Net Derivatives | 1.0 |  | 1.3
Designated as hedging instruments | Cash Flow Hedge | Foreign currency forward contracts |  |  |
Derivatives not designated as hedging instruments: |  |  |
Total Derivative Assets | 1.5 |  | 2.1
Total Derivative Liabilities | (0.5) |  | (0.8)
Designated as hedging instruments | Cash Flow Hedge | Cross-currency swaps |  |  |
Derivatives not designated as hedging instruments: |  |  |
Total Derivative Liabilities | 0.0 |  | 0.0
Non-Designated as Hedging Instruments |  |  |
Derivatives not designated as hedging instruments: |  |  |
Total Derivative Assets | 1.3 |  | 5.8
Total Derivative Liabilities | (7.3) |  | (2.4)
Net Derivatives | (6.0) |  | 3.4
Non-Designated as Hedging Instruments | Foreign currency forward contracts |  |  |
Derivatives not designated as hedging instruments: |  |  |
Total Derivative Assets | 1.3 |  | 5.8
Total Derivative Liabilities | (7.3) |  | (2.4)
Non-Designated as Hedging Instruments | Cross-currency swaps |  |  |
Derivatives not designated as hedging instruments: |  |  |
Total Derivative Liabilities | $ 0.0 |  | $ 0.0

X
- Definition Fair values as of the balance sheet date of the net amount of all assets and liabilities resulting from contracts that meet the criteria of being accounted for as derivative instruments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 5 -SubTopic 10 -Topic 815 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480463/815-10-45-5 + Details
Name: | us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value, before effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets elected not to be offset. Excludes assets not subject to a master netting arrangement. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 210 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483444/210-20-55-22 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 210 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483466/210-20-50-3 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483444/210-20-55-7 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (a),(c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4B Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 4D -Subparagraph (c)(2) -SubTopic 20 -Topic 860 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481326/860-20-50-4D + Details
Name: | us-gaap_DerivativeFairValueOfDerivativeAsset
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value, before effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities elected not to be offset. Excludes liabilities not subject to a master netting arrangement. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 210 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483444/210-20-55-22 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 210 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483466/210-20-50-3 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483444/210-20-55-7 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (a),(c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4B Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 4D -Subparagraph (c)(2) -SubTopic 20 -Topic 860 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481326/860-20-50-4D + Details
Name: | us-gaap_DerivativeFairValueOfDerivativeLiability
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DerivativesFairValueLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of long-term debt and lease obligation, classified as noncurrent. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)(a)(2)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1 + Details
Name: | us-gaap_LongTermDebtAndCapitalLeaseObligations
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_ForeignExchangeForwardMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CrossCurrencyInterestRateContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_NetInvestmentHedgingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_HedgingDesignationAxis=us-gaap_DesignatedAsHedgingInstrumentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_CashFlowHedgingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |