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DERIVATIVES AND HEDGING TRANSACTIONS - Information by Type of Derivative and Hedging Activities (Details)
€ in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
USD ($)
Jun. 30, 2019
USD ($)
Jun. 30, 2020
USD ($)
Jun. 30, 2019
USD ($)
Jun. 30, 2020
EUR (€)
Dec. 31, 2019
USD ($)
Dec. 31, 2019
EUR (€)
Net Investment Hedges              
Revaluation (losses) gains, net of tax $ (2.9) $ 22.7 $ (4.0) $ 16.1      
Derivative Summary              
Maximum period for hedged transactions     4 years        
Cash collateral received 0.0   $ 0.0        
Ten year 2011 senior notes              
Impact on AOCI and earnings from derivative contracts              
Aggregate principal amount 1,020.0   1,020.0     $ 1,020.0  
European commercial paper              
Net Investment Hedges              
Notional values 225.0   225.0   € 200    
Ten Year 2015 senior euro notes              
Impact on AOCI and earnings from derivative contracts              
Aggregate principal amount | €         575   € 575
Cost of sales              
Impact on AOCI and earnings from derivative contracts              
Gain (loss) on derivative recognized in income 3.8 4.7 6.0 9.1      
Selling, general and administrative expenses              
Impact on AOCI and earnings from derivative contracts              
Gain (loss) on derivative recognized in income (5.5) 34.5 10.6 33.5      
Interest expense, net              
Impact on AOCI and earnings from derivative contracts              
Gain (loss) on derivative recognized in income   7.0 13.0 13.8      
Foreign currency forward contracts.              
Net Investment Hedges              
Notional values 4,699.0   4,699.0     4,004.0  
Foreign currency forward contracts. | Interest expense, net              
Impact on AOCI and earnings from derivative contracts              
Gain (loss) on derivative recognized in income 6.6            
Foreign currency forward contracts. | Derivatives designated as hedging instruments | Cost of sales              
Impact on AOCI and earnings from derivative contracts              
Gain (loss) reclassified from AOCI into income (effective portion)   4.7          
Foreign currency forward contracts. | Derivatives not designated as hedging instruments | Selling, general and administrative expenses              
Impact on AOCI and earnings from derivative contracts              
Gain (loss) on derivative recognized in income 0.7 7.9 17.9 14.0      
Foreign currency forward contracts. | Derivatives not designated as hedging instruments | Interest expense, net              
Impact on AOCI and earnings from derivative contracts              
Gain (loss) on derivative recognized in income (1.2)            
Cash Flow Hedges | Foreign currency forward contracts. | Derivatives designated as hedging instruments | Cost of sales              
Impact on AOCI and earnings from derivative contracts              
Gain (loss) reclassified from AOCI into income (effective portion) 3.8   6.0 9.1      
Cash Flow Hedges | Foreign currency forward contracts. | Derivatives designated as hedging instruments | Selling, general and administrative expenses              
Impact on AOCI and earnings from derivative contracts              
Gain (loss) reclassified from AOCI into income (effective portion) (6.2) 26.6 (7.3) 19.5      
Cash Flow Hedges | Foreign currency forward contracts. | Derivatives designated as hedging instruments | Interest expense, net              
Impact on AOCI and earnings from derivative contracts              
Amount excluded from the assessment of effectiveness recognized in earnings based on changes in fair value 8.1 7.3 13.5 14.3      
Gain (loss) recognized in income (ineffective portion) 8.1 7.3 13.5 14.3      
Cash Flow Hedges | Interest rate swaps | Derivatives designated as hedging instruments | Interest expense, net              
Impact on AOCI and earnings from derivative contracts              
Gain (loss) reclassified from AOCI into income (effective portion) (0.3) (0.3) (0.5) (0.5)      
Fair Value Hedges | Interest rate swaps | Derivatives designated as hedging instruments | Interest expense, net              
Impact on AOCI and earnings from derivative contracts              
Gain (loss) on hedged item recognized in income       0.2      
Gain (loss) on derivative recognized in income       (0.2)      
Net Investment Hedges              
Net Investment Hedges              
Revaluation (losses) gains, net of tax (2.9) 22.7 (4.0) 16.1      
Net Investment Hedges | Senior euro notes              
Net Investment Hedges              
Notional values 1,268.0   1,268.0   € 1,150    
Discontinued Operations | Derivatives not designated as hedging instruments | Selling, general and administrative expenses              
Impact on AOCI and earnings from derivative contracts              
Gain (loss) on derivatives $ (2.2) $ (0.4) $ (2.5) $ (1.5)      
Discontinued Operations | Foreign currency forward contracts.              
Net Investment Hedges              
Notional values           $ 9.0