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FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2020
FAIR VALUE MEASUREMENTS  
Schedule of the carrying amount and estimated fair value of assets and liabilities measured on recurring basis

June 30, 2020

 

(millions)

Carrying

Fair Value Measurements

 

    

Amount

    

Level 1

Level 2

    

Level 3

 

Assets

Foreign currency forward contracts

 

 

$99.9

$-

 

$99.9

 

$-

 

 

Liabilities

Foreign currency forward contracts

 

 

27.9

-

 

27.9

 

-

December 31, 2019

 

(millions)

Carrying

Fair Value Measurements

 

    

Amount

    

Level 1

Level 2

    

Level 3

 

Assets

Foreign currency forward contracts

 

$83.9

 

$-

 

$83.9

 

$-

Liabilities

Foreign currency forward contracts

 

10.0

 

-

 

10.0

 

-

Schedule of carrying amount and estimated fair value of long-term debt

June 30, 2020

December 31, 2019

Carrying

Fair

Carrying

Fair

    

Amount

    

Value

    

Amount

    

Value

Long-term debt, including current maturities

$6,752.7

$7,808.9

$6,274.0

$6,861.6