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DERIVATIVE FINANCIAL INSTRUMENTS - Effect of derivative instruments on income (Details) - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022
Income Statement Accounts in which effects of cash flow hedges are recorded |  |  |  |
Cost of goods sold | $ (997.6) | $ (883.4) | $ (3,014.8) | $ (2,564.3)
Interest expense | (17.0) | (13.5) | (47.3) | (35.8)
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) | 0.2 | (0.4) | (2.9) | 7.0
Amount excluded from effectiveness testing recognized in Income (loss) based on amortization approach: |  |  |  |
Total | 0.2 | (0.4) | (2.9) | 7.0
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) | 0.2 | (0.4) | (2.9) | 7.0
Amount excluded from effectiveness testing recognized in Income (loss) based on amortization approach: |  |  |  |
Total | 0.2 | (0.4) | (2.9) | 7.0
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) | 1.2 | 0.0 | 2.4 | 0.3
Amount excluded from effectiveness testing recognized in Income (loss) based on amortization approach: |  |  |  |
Total | 1.2 | 0.0 | 2.4 | 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) | 0.2 | (0.4) | (2.7) | 6.9
Amount excluded from effectiveness testing recognized in Income (loss) based on amortization approach: |  |  |  |
Total | 0.2 | (0.4) | (2.7) | 6.9
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 | 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) | 0.0 | 0.0 | (0.2) | 0.1
Amount excluded from effectiveness testing recognized in Income (loss) based on amortization approach: |  |  |  |
Total | 0.0 | 0.0 | (0.2) | 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 | (997.6) | (883.4) | (3,014.8) | (2,564.3)
Interest expense | (17.0) | (13.5) | (47.3) | (35.8)
Net Investment Hedging | Cross currency swaps - net investment hedge | 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 - net investment hedge | 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 | $ 1.2 | $ 0.0 | $ 2.4 | $ 0.3

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