XML 377 R66.htm IDEA: XBRL DOCUMENT v3.25.1
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Effect of Cash Flow Hedges Included in AOCI (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Amount of Gain/(Loss) Recorded in OCI, Cash flow hedges $ (10.6) $ 34.4
Amount of Gain/(Loss) Recorded in OCI, Net investment hedges 43.5  
Gain or (Loss) Reclassified from AOCI into Earnings, Related to Amounts Included in Effectiveness Testing, Cash flow hedges 5.1 7.9
Gain or (Loss) Reclassified from AOCI into Earnings, Related to Amounts Excluded from Effectiveness Testing, Cash flow hedges 0.0 (0.5)
Gain or (Loss) Reclassified from AOCI into Earnings, Related to Amounts Excluded from Effectiveness Testing, Net investment hedges 9.4  
Foreign currency cash flow hedge gain (loss) to be reclassified during next 12 months 25.3  
5.375% Notes due 2032    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Amount of Gain/(Loss) Recorded in OCI, Net investment hedges (16.4)  
Interest rate swap agreements    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Amount of Gain/(Loss) Recorded in OCI, Cash flow hedges (11.1) 33.5
Gain or (Loss) Reclassified from AOCI into Earnings, Related to Amounts Included in Effectiveness Testing, Cash flow hedges 4.7 7.8
Gain or (Loss) Reclassified from AOCI into Earnings, Related to Amounts Excluded from Effectiveness Testing, Cash flow hedges 0.0 0.0
Interest rate swap agreements | Net Sales    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gain or (Loss) Reclassified from AOCI into Earnings, Related to Amounts Included in Effectiveness Testing, Cash flow hedges 0.0 0.0
Interest rate swap agreements | Cost of Sales    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gain or (Loss) Reclassified from AOCI into Earnings, Related to Amounts Included in Effectiveness Testing, Cash flow hedges 0.0 0.0
Foreign currency forward contracts    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Amount of Gain/(Loss) Recorded in OCI, Cash flow hedges 0.5 0.9
Foreign currency forward contracts | Net Sales    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gain or (Loss) Reclassified from AOCI into Earnings, Related to Amounts Included in Effectiveness Testing, Cash flow hedges 0.0 0.1
Gain or (Loss) Reclassified from AOCI into Earnings, Related to Amounts Excluded from Effectiveness Testing, Cash flow hedges (0.1) (0.3)
Foreign currency forward contracts | Cost of Sales    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gain or (Loss) Reclassified from AOCI into Earnings, Related to Amounts Included in Effectiveness Testing, Cash flow hedges 0.4 0.0
Gain or (Loss) Reclassified from AOCI into Earnings, Related to Amounts Excluded from Effectiveness Testing, Cash flow hedges 0.1 (0.2)
Cross-currency swaps    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Amount of Gain/(Loss) Recorded in OCI, Net investment hedges 59.9 48.9
Gain or (Loss) Reclassified from AOCI into Earnings, Related to Amounts Excluded from Effectiveness Testing, Net investment hedges $ 9.4 $ 7.3