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Derivatives - Undesignated Hedges (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
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Jun. 30, 2025 | Jun. 30, 2024 | Jun. 30, 2025 | Jun. 30, 2024
Not designated as hedges | Selling, General and Administrative |  |  |  |  |
Cash Flow and Fair Value Hedges |  |  |  |  |
Gains/(losses) recognized in Income on Foreign currency derivatives | [1] | $ (21.4) | $ 6.1 | $ (30.5) | $ 27.6
[1] | The C ompany uses foreign currency forward contracts to offset foreign exchange rate fluctuations on settlement assets and obligations as well as certain foreign currency denominated positions. Foreign exchange gains/(losses) on settlement assets and obligations, cash balances, and other assets and liabilities, not including amounts related to derivative activity as displayed above and included in Selling, general, and administrative in the Condensed Consolidated Statements of Income, were $25.7 million and $(12.9) million for the three months ended June 30, 2025 and 2024, respectively, and $37.9 million and $(30.4) million for the six months ended June 30, 2025 and 2024, respectively.

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