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DERIVATIVE FINANCIAL INSTRUMENTS - Effect of derivative instruments on income (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2022 | Jun. 30, 2021 | Jun. 30, 2022 | Jun. 30, 2021
Income Statement Accounts in which effects of cash flow hedges are recorded |  |  |  |
Cost of goods sold | $ (864.2) | $ (807.1) | $ (1,680.9) | $ (1,495.9)
Interest expense | (11.7) | (13.0) | (22.3) | (28.3)
Cash Flow Hedging | Derivatives designated as hedges |  |  |  |
Income Statement Accounts in which effects of cash flow hedges are recorded |  |  |  |
Gain (Loss) Reclassified from AOCI into Income (Loss) | 2.4 | 1.5 | 7.4 | 0.9
Amount excluded from effectiveness testing recognized in Income (loss) based on amortization approach: |  |  |  |
Total | 2.4 | 1.5 | 7.4 | 0.9
Cash Flow Hedging | Derivatives designated as hedges | Cost of goods sold |  |  |  |
Income Statement Accounts in which effects of cash flow hedges are recorded |  |  |  |
Gain (Loss) Reclassified from AOCI into Income (Loss) | 2.4 | 1.8 | 7.4 | 1.5
Amount excluded from effectiveness testing recognized in Income (loss) based on amortization approach: |  |  |  |
Total | 2.4 | 1.8 | 7.4 | 1.5
Cash Flow Hedging | Derivatives designated as hedges | Interest Expense |  |  |  |
Income Statement Accounts in which effects of cash flow hedges are recorded |  |  |  |
Gain (Loss) Reclassified from AOCI into Income (Loss) | 0.2 | (0.2) | 0.3 | (0.3)
Amount excluded from effectiveness testing recognized in Income (loss) based on amortization approach: |  |  |  |
Total | 0.2 | (0.2) | 0.3 | (0.3)
Cash Flow Hedging | Commodity swaps | Derivatives designated as hedges | Cost of goods sold |  |  |  |
Income Statement Accounts in which effects of cash flow hedges are recorded |  |  |  |
Gain (Loss) Reclassified from AOCI into Income (Loss) | 2.3 | 1.7 | 7.3 | 1.4
Amount excluded from effectiveness testing recognized in Income (loss) based on amortization approach: |  |  |  |
Total | 2.3 | 1.7 | 7.3 | 1.4
Cash Flow Hedging | Commodity swaps | Derivatives designated as hedges | Interest Expense |  |  |  |
Income Statement Accounts in which effects of cash flow hedges are recorded |  |  |  |
Gain (Loss) Reclassified from AOCI into Income (Loss) | 0.0 | 0.0 | 0.0 | 0.0
Amount excluded from effectiveness testing recognized in Income (loss) based on amortization approach: |  |  |  |
Total | 0.0 | 0.0 | 0.0 | 0.0
Cash Flow Hedging | Interest Rate Cap | Derivatives designated as hedges | Cost of goods sold |  |  |  |
Income Statement Accounts in which effects of cash flow hedges are recorded |  |  |  |
Gain (Loss) Reclassified from AOCI into Income (Loss) |  | 0.0 |  | 0.0
Amount excluded from effectiveness testing recognized in Income (loss) based on amortization approach: |  |  |  |
Total |  | 0.0 |  | 0.0
Cash Flow Hedging | Interest Rate Cap | Derivatives designated as hedges | Interest Expense |  |  |  |
Income Statement Accounts in which effects of cash flow hedges are recorded |  |  |  |
Gain (Loss) Reclassified from AOCI into Income (Loss) |  | (0.3) |  | (0.6)
Amount excluded from effectiveness testing recognized in Income (loss) based on amortization approach: |  |  |  |
Total |  | (0.3) |  | (0.6)
Cash Flow Hedging | Foreign exchange contracts | Derivatives designated as hedges | Cost of goods sold |  |  |  |
Income Statement Accounts in which effects of cash flow hedges are recorded |  |  |  |
Gain (Loss) Reclassified from AOCI into Income (Loss) | 0.1 | 0.1 | 0.1 | 0.1
Amount excluded from effectiveness testing recognized in Income (loss) based on amortization approach: |  |  |  |
Total | 0.1 | 0.1 | 0.1 | 0.1
Cash Flow Hedging | Foreign exchange contracts | Derivatives designated as hedges | Interest Expense |  |  |  |
Income Statement Accounts in which effects of cash flow hedges are recorded |  |  |  |
Gain (Loss) Reclassified from AOCI into Income (Loss) | 0.0 | 0.0 | 0.0 | 0.0
Amount excluded from effectiveness testing recognized in Income (loss) based on amortization approach: |  |  |  |
Total | 0.0 | 0.0 | 0.0 | 0.0
Cash Flow Hedging | Reclassification out of Accumulated Other Comprehensive Income | Accumulated Gain (Loss), Cash Flow Hedge, Including Noncontrolling Interest |  |  |  |
Income Statement Accounts in which effects of cash flow hedges are recorded |  |  |  |
Cost of goods sold | (864.2) | (807.1) | (1,680.9) | (1,495.9)
Interest expense | (11.7) | (13.0) | (22.3) | (28.3)
Net Investment Hedging | Cross currency swaps | Derivatives designated as hedges | Cost of goods sold |  |  |  |
Amount excluded from effectiveness testing recognized in Income (loss) based on amortization approach: |  |  |  |
Cross currency swaps - net investment hedge | 0.0 | 0.0 | 0.0 | 0.0
Net Investment Hedging | Cross currency swaps | Derivatives designated as hedges | Interest Expense |  |  |  |
Amount excluded from effectiveness testing recognized in Income (loss) based on amortization approach: |  |  |  |
Cross currency swaps - net investment hedge | $ 0.2 | $ 0.1 | $ 0.3 | $ 0.3

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