XML 60 R50.htm IDEA: XBRL DOCUMENT
v3.23.3

DERIVATIVE FINANCIAL INSTRUMENTS - Effect of derivative instruments designated as hedges in AOCI (Details) - Derivatives designated as hedges - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022
Cash Flow Hedging |  |  |  |
Derivative [Line Items] |  |  |  |
Gain (Loss) Recognized on Derivatives in OCI, net of tax | $ 7.2 | $ (1.8) | $ 9.2 | $ (5.0)
Gain (Loss) Reclassified from AOCI into Income (Loss) | 0.2 | (0.4) | (2.9) | 7.0
Cash Flow Hedging | Cost of goods sold |  |  |  |
Derivative [Line Items] |  |  |  |
Gain (Loss) Reclassified from AOCI into Income (Loss) | 0.2 | (0.4) | (2.9) | 7.0
Cash Flow Hedging | Interest Expense |  |  |  |
Derivative [Line Items] |  |  |  |
Gain (Loss) Reclassified from AOCI into Income (Loss) | 1.2 | 0.0 | 2.4 | 0.3
Cash Flow Hedging | Foreign exchange contracts |  |  |  |
Derivative [Line Items] |  |  |  |
Gain (Loss) Recognized on Derivatives in OCI, net of tax | 0.8 | (0.2) | 0.4 | (0.2)
Cash Flow Hedging | Foreign exchange contracts | Cost of goods sold |  |  |  |
Derivative [Line Items] |  |  |  |
Gain (Loss) Reclassified from AOCI into Income (Loss) | 0.0 | 0.0 | (0.2) | 0.1
Cash Flow Hedging | Foreign exchange contracts | Interest Expense |  |  |  |
Derivative [Line Items] |  |  |  |
Gain (Loss) Reclassified from AOCI into Income (Loss) | 0.0 | 0.0 | 0.0 | 0.0
Cash Flow Hedging | Commodity swaps |  |  |  |
Derivative [Line Items] |  |  |  |
Gain (Loss) Recognized on Derivatives in OCI, net of tax | (0.5) | (4.0) | 3.6 | (10.9)
Cash Flow Hedging | Commodity swaps | Cost of goods sold |  |  |  |
Derivative [Line Items] |  |  |  |
Gain (Loss) Reclassified from AOCI into Income (Loss) | 0.2 | (0.4) | (2.7) | 6.9
Cash Flow Hedging | Commodity swaps | Interest Expense |  |  |  |
Derivative [Line Items] |  |  |  |
Gain (Loss) Reclassified from AOCI into Income (Loss) | 0.0 | 0.0 | 0.0 | 0.0
Net Investment Hedging | Cross currency swaps - net investment hedge |  |  |  |
Derivative [Line Items] |  |  |  |
Gain (Loss) Recognized on Derivatives in OCI, net of tax | 6.9 | 2.4 | 5.2 | 6.1
Net Investment Hedging | Cross currency swaps - net investment hedge | Selling, general and administrative expenses |  |  |  |
Derivative [Line Items] |  |  |  |
Gain (Loss) Reclassified from AOCI into Income (Loss) | $ 0.0 | $ 0.0 | $ 0.0 | $ 0.0

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 Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480237/815-40-50-5 + Details
Name: | us-gaap_DerivativeLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, after tax and before reclassification, of gain (loss) from derivative instrument designated and qualifying as cash flow hedge included in assessment of hedge effectiveness. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-11 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 10A -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-10A + Details
Name: | us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount, before tax, of reclassification of gain (loss) from accumulated other comprehensive income (AOCI) for derivative instrument designated and qualifying as cash flow hedge included in assessment of hedge effectiveness. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-11 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-15 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 4C -Subparagraph (c) -SubTopic 10 -Topic 815 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4C + Details
Name: | us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

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_IncomeStatementLocationAxis=us-gaap_CostOfSalesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=us-gaap_InterestExpenseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

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

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=us-gaap_SellingGeneralAndAdministrativeExpensesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |