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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, 2024
USD ($)
Sep. 30, 2023
USD ($)
Sep. 30, 2024
USD ($)
Sep. 30, 2023
USD ($)
Sep. 30, 2024
EUR (€)
Sep. 30, 2024
CNY (¥)
Jul. 31, 2024
EUR (€)
May 31, 2024
EUR (€)
Dec. 31, 2023
USD ($)
Oct. 31, 2023
CNY (¥)
Aug. 31, 2023
CNY (¥)
Cash Flow Hedges                      
Maximum period for hedged transactions     1 year                
Fair Value Hedges                      
Derivative liability $ 161.9   $ 161.9           $ 169.6    
Net Investment Hedges                      
Revaluation (loss) gain, net of tax (41.1) $ (8.2) (28.9) $ (48.7)              
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 2.5 1.5 3.7 9.6              
Selling, general and administrative expenses                      
Impact on AOCI and earnings from derivative contracts                      
Gain (loss) on derivative recognized in income 3.4 (16.6) 0.4 (55.1)              
Interest expense, net                      
Impact on AOCI and earnings from derivative contracts                      
Gain (loss) on derivative recognized in income (0.5) $ 1.4 (1.4) 4.6              
Foreign currency forward contracts                      
Net Investment Hedges                      
Notional values $ 2,910.0   $ 2,910.0           3,745.0    
Foreign currency forward contracts | Derivatives designated as hedging instruments                      
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              
Foreign currency forward contracts | Derivatives not 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              
Gain (loss) on derivative recognized in income $ 1.7 $ (6.2) $ (3.3) $ (34.3)              
Interest rate swap agreements                      
Net Investment Hedges                      
Notional values 1,500.0   1,500.0           1,500.0    
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)     (1.4) (1.4)              
Euro Notes                      
Net Investment Hedges                      
Revaluation (loss) gain, net of tax (8.9) (13.5) (8.4) (38.4)              
Cross-currency swap derivative contracts                      
Net Investment Hedges                      
Notional values 1,788.0   1,788.0           $ 998.0    
Revaluation (loss) gain, net of tax $ (32.2) $ 5.3 $ (20.5) $ (10.3)              
Minimum                      
Impact on AOCI and earnings from derivative contracts                      
Interest rate (as a percent) 1.30%   1.30%   1.30% 1.30%          
Fair Value Hedges                      
Interest rate (as a percent) 1.30%   1.30%   1.30% 1.30%          
Maximum                      
Impact on AOCI and earnings from derivative contracts                      
Interest rate (as a percent) 4.80%   4.80%   4.80% 4.80%          
Fair Value Hedges                      
Interest rate (as a percent) 4.80%   4.80%   4.80% 4.80%          
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) $ 2.5 $ 1.5 $ 3.7 $ 9.6              
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) 1.7 (10.4) $ 3.7 $ (20.8)              
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                  
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) $ (0.5)                  
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              
Fair Value Hedges | Interest rate swap agreements                      
Fair Value Hedges                      
Cumulative amount of fair value hedging adjustment $ (112.1) $ (208.0) $ (112.1) $ (208.0)              
Derivative liability 1,390.3 $ 1,294.4 1,390.3 $ 1,294.4              
Net Investment Hedge | Senior euro notes                      
Net Investment Hedges                      
Notional values 635.0   635.0   € 575            
Net Investment Hedge | Cross-currency swap derivative contracts | Euro                      
Net Investment Hedges                      
Notional values 1,475.0   1,475.0   € 1,325     € 300      
Net Investment Hedge | Cross-currency swap derivative contracts | CNY                      
Net Investment Hedges                      
Notional values $ 313.0   $ 313.0     ¥ 2,192       ¥ 1,098 ¥ 1,094
Net Investment Hedge | Cross currency interest rate contract maturing in 2026 | Euro                      
Net Investment Hedges                      
Notional values | €             € 100        
Net Investment Hedge | Cross currency interest rate contract one, maturing in 2028 | Euro                      
Net Investment Hedges                      
Notional values | €             200        
Net Investment Hedge | Cross currency interest rate contract two, maturing in 2028 | Euro                      
Net Investment Hedges                      
Notional values | €             € 100