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DERIVATIVES AND HEDGING TRANSACTIONS - Information by Type of Derivative and Hedging Activities (Details)
€ in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
USD ($)
Sep. 30, 2021
USD ($)
Sep. 30, 2022
USD ($)
Sep. 30, 2021
USD ($)
Oct. 31, 2022
EUR (€)
Sep. 30, 2022
EUR (€)
Apr. 30, 2022
USD ($)
Dec. 31, 2021
USD ($)
Cash Flow Hedges                
Maximum period for hedged transactions     2 years          
Fair Value Hedges                
Derivative liability $ 173.6   $ 173.6         $ 9.4
Net Investment Hedges                
Revaluation gain (loss), net of tax 82.7 $ 35.2 173.0 $ 8.8        
Seven year 2008 senior notes                
Fair Value Hedges                
Aggregate principal amount 1,500.0   1,500.0          
Cost of sales                
Impact on AOCI and earnings from derivative contracts                
Gain (loss) on derivative recognized in income 2.7 (4.6) 3.5 (9.2)        
Selling, general and administrative expenses                
Impact on AOCI and earnings from derivative contracts                
Gain (loss) on derivative recognized in income 102.3 64.9 202.8 33.3        
Interest expense, net                
Impact on AOCI and earnings from derivative contracts                
Gain (loss) on derivative recognized in income 2.7 4.5 9.2 14.6        
Foreign currency forward contracts                
Net Investment Hedges                
Notional values 4,304.0   4,304.0         4,059.0
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 49.6 22.8 98.0 28.6        
Interest rate swap agreements                
Net Investment Hedges                
Notional values 1,500.0   1,500.0         1,250.0
Euro Notes                
Net Investment Hedges                
Revaluation gain (loss), net of tax 59.8 36.7 112.6 10.3        
Cross-currency swap derivative contracts                
Net Investment Hedges                
Notional values 427.0   427.0         $ 482.0
Revaluation gain (loss), net of tax 22.9 (1.5) 60.4 (1.5)        
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) 2.7 (4.6) 3.5 (9.2)        
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) 52.7 42.1 104.8 4.7        
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 3.3 5.1 11.0 16.4        
Cash Flow Hedges. | Interest rate swap agreements | 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) (0.6) (0.6) (1.8) (1.8)        
Fair Value Hedges | Interest rate swap agreements                
Impact on AOCI and earnings from derivative contracts                
Interest rate (as a percent)             4.80%  
Fair Value Hedges                
Cumulative amount of fair value hedging adjustment (196.7) (5.2) (196.7) (5.2)        
Derivative liability 1,305.6 $ 745.9 1,305.6 $ 745.9        
Aggregate principal amount             $ 250.0  
Interest rate (as a percent)             4.80%  
Net Investment Hedge | Senior euro notes                
Net Investment Hedges                
Notional values 1,153.0   1,153.0     € 1,150    
Net Investment Hedge | Cross-currency swap derivative contracts                
Net Investment Hedges                
Notional values $ 427.0   $ 427.0     € 425    
Subsequent event | Cross-currency swap derivative contracts                
Net Investment Hedges                
Notional values | €         € 200