XML 96 R84.htm IDEA: XBRL DOCUMENT v3.21.2
Financial Instruments, Risk Management and Fair Value Measurements - Derivatives Gain (Loss) (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Derivatives Designated as Hedging Instruments        
Unrealized hedging gains (losses) and other, net of tax $ (48.0) $ (2.1) $ (7.5) $ 25.4
Reclassification of deferred hedging (gains) losses, net of tax [1] 7.1 (8.4) 11.2 (18.7)
Total derivative instrument impact on comprehensive income, net of tax (40.9) (10.5) 3.7 6.7
Designated as Cash Flow Hedges        
Derivatives Designated as Hedging Instruments        
Unrealized hedging gains (losses) and other, net of tax (48.0) (2.1) (7.5) 25.4
Reclassification of deferred hedging (gains) losses, net of tax 7.1 (8.4) 11.2 (18.7)
Total derivative instrument impact on comprehensive income, net of tax (40.9) (10.5) 3.7 6.7
Designated as Cash Flow Hedges | Foreign exchange contracts        
Derivatives Designated as Hedging Instruments        
Unrealized hedging gains (losses) and other, net of tax (44.1) (3.7) (10.6) 26.0
Reclassification of deferred hedging (gains) losses, net of tax 5.5 (8.4) 9.4 (18.2)
Total derivative instrument impact on comprehensive income, net of tax (38.6) (12.1) (1.2) 7.8
Designated as Cash Flow Hedges | Interest rate contracts        
Derivatives Designated as Hedging Instruments        
Unrealized hedging gains (losses) and other, net of tax (3.9) 1.6 3.1 (0.6)
Reclassification of deferred hedging (gains) losses, net of tax 1.6 0.0 1.8 (0.5)
Total derivative instrument impact on comprehensive income, net of tax (2.3) 1.6 4.9 (1.1)
Not Designated as Hedging Instruments        
Derivatives Not Designated as Hedging Instruments        
Amount of pre-tax gain or (loss) recognized in income on derivatives (15.0) (35.1) (27.7) (24.1)
Not Designated as Hedging Instruments | Foreign exchange contracts | Cost of sales and services        
Derivatives Not Designated as Hedging Instruments        
Amount of pre-tax gain or (loss) recognized in income on derivatives $ (15.0) $ (35.1) $ (27.7) $ (24.1)
[1] For more detail on the components of these reclassifications and the affected line item in the condensed consolidated statements of income (loss) see Note 15.