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Hedging Transactions And Derivative Financial Instruments (Tables)
 9 Months Ended
Oct. 02, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative Instruments, Gain (Loss) [Table Text Block]
The following table summarizes the notional values as of October 2, 2020 and pretax impact of changes in the fair values of instruments designated as net investment hedges and cash flow hedges in accumulated other comprehensive income (“OCI”) for the three and nine-month periods ended October 2, 2020 and September 27, 2019 ($ in millions):
Original Notional AmountNotional Amount OutstandingGain (Loss) Recognized in OCI
For the Three-Month Period Ended October 2, 2020:
Net investment hedges:
Foreign currency contracts$2,875.0 $2,000.0 $(57.6)
Foreign currency denominated debt6,619.3 6,619.3 (208.4)
Cash flow hedges:
Foreign currency contracts4,000.0 4,000.0 (304.9)
Total$13,494.3 $12,619.3 $(570.9)
For the Three-Month Period Ended September 27, 2019:
Net investment hedges:
Foreign currency contracts:$2,525.0 $1,650.0 $41.5 
Foreign currency denominated debt8,073.6 8,073.6 255.2 
Cash flow hedges:
Interest rate swaps1,500.0 1,500.0 (55.1)
Total$12,098.6 $11,223.6 $241.6 
For the Nine-Month Period Ended October 2, 2020:
Net investment hedges:
Foreign currency contracts:$2,875.0 $2,000.0 $10.1 
Foreign currency denominated debt6,619.3 6,619.3 (241.5)
Cash flow hedges:
Foreign currency contracts4,000.0 4,000.0 (8.4)
Total$13,494.3 $12,619.3 $(239.8)
For the Nine-Month Period Ended September 27, 2019:
Net investment hedges:
Foreign currency contracts$2,525.0 $1,650.0 $36.8 
Foreign currency denominated debt8,073.6 8,073.6 263.5 
Cash flow hedges:
Interest rate swaps1,500.0 1,500.0 (64.0)
Total$12,098.6 $11,223.6 $236.3 
Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]
The following table summarizes the notional values as of October 2, 2020 and pretax impact of changes in the fair values of instruments designated as net investment hedges and cash flow hedges in accumulated other comprehensive income (“OCI”) for the three and nine-month periods ended October 2, 2020 and September 27, 2019 ($ in millions):
Original Notional AmountNotional Amount OutstandingGain (Loss) Recognized in OCI
For the Three-Month Period Ended October 2, 2020:
Net investment hedges:
Foreign currency contracts$2,875.0 $2,000.0 $(57.6)
Foreign currency denominated debt6,619.3 6,619.3 (208.4)
Cash flow hedges:
Foreign currency contracts4,000.0 4,000.0 (304.9)
Total$13,494.3 $12,619.3 $(570.9)
For the Three-Month Period Ended September 27, 2019:
Net investment hedges:
Foreign currency contracts:$2,525.0 $1,650.0 $41.5 
Foreign currency denominated debt8,073.6 8,073.6 255.2 
Cash flow hedges:
Interest rate swaps1,500.0 1,500.0 (55.1)
Total$12,098.6 $11,223.6 $241.6 
For the Nine-Month Period Ended October 2, 2020:
Net investment hedges:
Foreign currency contracts:$2,875.0 $2,000.0 $10.1 
Foreign currency denominated debt6,619.3 6,619.3 (241.5)
Cash flow hedges:
Foreign currency contracts4,000.0 4,000.0 (8.4)
Total$13,494.3 $12,619.3 $(239.8)
For the Nine-Month Period Ended September 27, 2019:
Net investment hedges:
Foreign currency contracts$2,525.0 $1,650.0 $36.8 
Foreign currency denominated debt8,073.6 8,073.6 263.5 
Cash flow hedges:
Interest rate swaps1,500.0 1,500.0 (64.0)
Total$12,098.6 $11,223.6 $236.3 
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The Company’s derivative instruments, as well as its nonderivative debt instruments designated and qualifying as net investment hedges, were classified in the Company’s Consolidated Condensed Balance Sheets as follows ($ in millions):
October 2, 2020December 31, 2019
Derivative assets:
Prepaid expenses and other current assets$— $25.7 
Other long-term assets35.9 — 
Derivative liabilities:
Accrued expenses and other liabilities120.2 111.7 
Nonderivative hedging instruments:
Long-term debt6,619.3 6,275.9