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DERIVATIVES AND HEDGING TRANSACTIONS - Information by Type of Derivative and Hedging Activities (Details)
€ in Millions, ¥ in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
USD ($)
Sep. 30, 2022
USD ($)
Sep. 30, 2023
USD ($)
Sep. 30, 2022
USD ($)
Oct. 31, 2023
USD ($)
Oct. 31, 2023
CNY (¥)
Sep. 30, 2023
EUR (€)
Aug. 31, 2023
USD ($)
Aug. 31, 2023
CNY (¥)
Dec. 31, 2022
USD ($)
Cash Flow Hedges                    
Maximum period for hedged transactions     1 year              
Fair Value Hedges                    
Derivative liability $ 214.7   $ 214.7             $ 203.6
Net Investment Hedges                    
Revaluation (loss) gain, net of tax (8.2) $ 82.7 (48.7) $ 173.0            
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 1.5 2.7 9.6 3.5            
Selling, general and administrative expenses                    
Impact on AOCI and earnings from derivative contracts                    
Gain (loss) on derivative recognized in income (16.6) 102.3 (55.1) 202.8            
Interest expense, net                    
Impact on AOCI and earnings from derivative contracts                    
Gain (loss) on derivative recognized in income 1.4 2.7 4.6 9.2            
Foreign currency forward contracts                    
Net Investment Hedges                    
Notional values 3,801.0   3,801.0             5,745.0
Foreign currency forward contracts | Derivatives not designated as hedging instruments                    
Impact on AOCI and earnings from derivative contracts                    
Gain (loss) on derivative recognized in income $ (6.2) $ 49.6 $ (34.3) $ 98.0            
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Selling, General and Administrative Expense Selling, General and Administrative Expense Selling, General and Administrative Expense Selling, General and Administrative Expense            
Interest rate swap agreements                    
Net Investment Hedges                    
Notional values $ 1,500.0   $ 1,500.0             1,500.0
Euro Notes                    
Net Investment Hedges                    
Revaluation (loss) gain, net of tax (13.5) $ 59.8 (38.4) $ 112.6            
Cross-currency swap derivative contracts                    
Net Investment Hedges                    
Notional values 811.0   811.0             $ 650.0
Revaluation (loss) gain, net of tax $ 5.3 $ 22.9 (10.3) 60.4            
Cash Flow Hedges. | 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     $ 6.0 $ 11.0            
Cash Flow Hedges. | Foreign currency forward contracts | Derivatives designated as hedging instruments                    
Impact on AOCI and earnings from derivative contracts                    
Derivative Instrument, Gain (Loss) Reclassified from AOCI into Income, Effective Portion, Statement of Income or Comprehensive Income [Extensible Enumeration] Selling, General and Administrative Expense Selling, General and Administrative Expense Selling, General and Administrative Expense Selling, General and Administrative Expense            
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) $ 1.5 $ 2.7 $ 9.6 $ 3.5            
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) (10.4) 52.7 $ (20.8) $ 104.8            
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 1.9 3.3                
Cash Flow Hedges. | Interest rate swap agreements | Derivatives designated as hedging instruments                    
Impact on AOCI and earnings from derivative contracts                    
Gain (loss) reclassified from AOCI into income (effective portion) $ (0.5) $ (0.6)                
Derivative Instrument, Gain (Loss) Reclassified from AOCI into Income, Effective Portion, Statement of Income or Comprehensive Income [Extensible Enumeration] Interest Expense, Net Interest Expense, Net Interest Expense, Net Interest Expense, Net            
Gain (loss) on derivative recognized in income     $ (1.4) $ (1.8)            
Fair Value Hedges | Interest rate swap agreements                    
Fair Value Hedges                    
Cumulative amount of fair value hedging adjustment $ (208.0) $ (196.7) (208.0) (196.7)            
Derivative liability 1,294.4 $ 1,305.6 1,294.4 $ 1,305.6            
Net Investment Hedge | Senior euro notes                    
Net Investment Hedges                    
Notional values 1,247.0   1,247.0       € 1,150      
Net Investment Hedge | Cross-currency swap derivative contracts | Euro                    
Net Investment Hedges                    
Notional values $ 661.0   $ 661.0       € 625      
Net Investment Hedge | Cross-currency swap derivative contracts | CNY                    
Net Investment Hedges                    
Notional values               $ 150.0 ¥ 1,094  
Subsequent event | Net Investment Hedge | Cross-currency swap derivative contracts | CNY                    
Net Investment Hedges                    
Notional values         $ 150.0 ¥ 1,098