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Financial Instruments, Risk Management and Fair Value Measurements - Derivatives Gain (Loss) (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023
Derivatives Designated as Hedging Instruments |  |  |  |  |
Unrealized hedging gains (losses) and other, net of tax |  | $ 17.4 | $ (39.5) | $ 21.1 | $ (76.8)
Reclassification of deferred hedging (gains) losses, net of tax | [1] | 1.4 | 15.8 | 1.1 | 21.8
Total derivative instrument impact on comprehensive income, net of tax |  | $ 18.8 | $ (23.7) | $ 22.2 | $ (55.0)
Cost of Goods and Services Sold |  |  |  |  |
Derivatives Not Designated as Hedging Instruments |  |  |  |  |
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] |  | Costs of sales and services | Costs of sales and services | Costs of sales and services | Costs of sales and services
Selling, General and Administrative Expenses |  |  |  |  |
Derivatives Not Designated as Hedging Instruments |  |  |  |  |
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] |  | Selling, general and administrative expenses | Selling, general and administrative expenses | Selling, general and administrative expenses | Selling, general and administrative expenses
Designated as Cash Flow Hedges |  |  |  |  |
Derivatives Designated as Hedging Instruments |  |  |  |  |
Unrealized hedging gains (losses) and other, net of tax |  | $ 17.4 | $ (39.5) | $ 21.1 | $ (76.8)
Reclassification of deferred hedging (gains) losses, net of tax |  | 1.4 | 15.8 | 1.1 | 21.8
Total derivative instrument impact on comprehensive income, net of tax |  | 18.8 | (23.7) | 22.2 | (55.0)
Designated as Cash Flow Hedges | Foreign exchange contracts |  |  |  |  |
Derivatives Designated as Hedging Instruments |  |  |  |  |
Unrealized hedging gains (losses) and other, net of tax |  | 17.4 | (43.6) | 21.1 | (76.4)
Reclassification of deferred hedging (gains) losses, net of tax |  | 1.0 | 15.3 | 0.3 | 20.5
Total derivative instrument impact on comprehensive income, net of tax |  | 18.4 | (28.3) | 21.4 | (55.9)
Designated as Cash Flow Hedges | Interest rate contracts |  |  |  |  |
Derivatives Designated as Hedging Instruments |  |  |  |  |
Unrealized hedging gains (losses) and other, net of tax |  | 0.0 | 4.1 | 0.0 | (0.4)
Reclassification of deferred hedging (gains) losses, net of tax |  | 0.4 | 0.5 | 0.8 | 1.3
Total derivative instrument impact on comprehensive income, net of tax |  | 0.4 | 4.6 | 0.8 | 0.9
Not Designated as Hedging Instruments |  |  |  |  |
Derivatives Not Designated as Hedging Instruments |  |  |  |  |
Amount of pre-tax gain (loss) recognized in income on derivatives |  | 3.1 | (19.1) | (13.0) | (17.9)
Not Designated as Hedging Instruments | Foreign exchange contracts |  |  |  |  |
Derivatives Not Designated as Hedging Instruments |  |  |  |  |
Amount of pre-tax gain (loss) recognized in income on derivatives |  | $ 3.1 | $ (19.1) | $ (13.0) | $ (17.9)
[1] | For more detail on the components of these reclassifications and the affected line item in the consolidated statements of income (loss), see Note 13.

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