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DERIVATIVES AND HEDGING TRANSACTIONS - Information by Type of Derivative and Hedging Activities (Details)
€ in Millions, ¥ in Millions, $ in Millions, $ in Millions
1 Months Ended 12 Months Ended
Jan. 31, 2024
USD ($)
Jan. 31, 2024
EUR (€)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Feb. 21, 2025
EUR (€)
Feb. 21, 2025
CAD ($)
Dec. 31, 2024
EUR (€)
Dec. 31, 2024
CNY (¥)
Nov. 30, 2024
EUR (€)
instrument
Oct. 31, 2024
EUR (€)
Oct. 31, 2024
CNY (¥)
Jul. 31, 2024
EUR (€)
May 31, 2024
EUR (€)
Nov. 30, 2023
EUR (€)
Fair Value Hedges                              
Derivative liability     $ 124.0 $ 169.6                      
Net Investment Hedges                              
Repayments of long-term debt $ 630.0 € 575 630.4 500.0                      
Revaluation (loss) gain, net of tax     52.4 (73.1) $ 108.3                    
Seven year 2008 senior notes                              
Fair Value Hedges                              
Aggregate principal amount     1,500.0                        
Cost of sales                              
Impact on AOCI and earnings from derivative contracts                              
Gain (loss) on derivative recognized in income     $ 4.0 $ 10.6 $ 6.4                    
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]     Cost of Goods and Services Sold Cost of Goods and Services Sold Cost of Goods and Services Sold                    
Selling, general and administrative expenses                              
Impact on AOCI and earnings from derivative contracts                              
Gain (loss) on derivative recognized in income     $ 2.4 $ (45.1) $ 157.0                    
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                    
Interest expense, net                              
Impact on AOCI and earnings from derivative contracts                              
Gain (loss) on derivative recognized in income     $ (1.9) $ 5.8 $ 11.6                    
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]     Interest Expense, Net Interest Expense, Net Interest Expense, Net                    
Foreign currency forward contracts                              
Net Investment Hedges                              
Notional values     $ 3,175.0 $ 3,745.0                      
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     $ (3.4) $ (26.2) $ 62.0                    
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                    
Interest rate swap agreements                              
Net Investment Hedges                              
Notional values     $ 1,500.0 $ 1,500.0                      
Cross-currency swap derivative contracts                              
Net Investment Hedges                              
Notional values     2,745.0 998.0       € 1,575 ¥ 3,619            
Cross-currency swap derivative contracts | Euro                              
Net Investment Hedges                              
Notional values     1,631.0                        
Cross-currency swap derivative contracts | CNY                              
Net Investment Hedges                              
Notional values     $ 493.0                        
Minimum                              
Fair Value Hedges                              
Interest rate (as a percent)     1.30%         1.30% 1.30%            
Maximum                              
Fair Value Hedges                              
Interest rate (as a percent)     4.80%         4.80% 4.80%            
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)     $ 4.0 10.6 $ 6.4                    
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)     5.8 (18.9) 95.0                    
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       7.7 13.9                    
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)     $ (1.9) $ (1.9) $ (2.3)                    
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                    
Fair Value Hedges | Interest rate swap agreements                              
Fair Value Hedges                              
Derivative liability     $ 1,361.1 $ 1,353.7                      
Cumulative amount of fair value hedging adjustment     (141.3) (148.6)                      
Net Investment Hedge                              
Net Investment Hedges                              
Revaluation (loss) gain, net of tax     52.4 (73.1) $ 108.3                    
Net Investment Hedge | Euro debt maturing on January 15, 2024                              
Net Investment Hedges                              
Net investment hedge elected to de-designate | €                             € 316
Settled derivative amount | €   € 259                          
Net Investment Hedge | Senior euro notes                              
Net Investment Hedges                              
Notional values     608.0         € 575              
Net Investment Hedge | Euro Notes                              
Net Investment Hedges                              
Revaluation (loss) gain, net of tax     12.8 (42.3) 81.9                    
Net Investment Hedge | Cross-currency swap derivative contracts                              
Net Investment Hedges                              
Revaluation (loss) gain, net of tax     $ 39.6 $ (30.8) $ 26.4                    
Net Investment Hedge | Cross-currency swap derivative contracts | Euro                              
Net Investment Hedges                              
Notional values | €                   € 300       € 300  
Number of cross-currency swap derivative contracts replaced | instrument                   2          
Net Investment Hedge | Cross-currency swap derivative contracts | Euro | Subsequent event                              
Net Investment Hedges                              
Notional values | €           € 300                  
Net Investment Hedge | Cross-currency swap derivative contracts | CAD | Subsequent event                              
Net Investment Hedges                              
Notional values             $ 280                
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    
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, entered in October 2024 | Euro                              
Net Investment Hedges                              
Notional values | €                     € 150        
Net Investment Hedge | Cross currency interest rate contract one, entered in October 2024 | CNY                              
Net Investment Hedges                              
Notional values | ¥                       ¥ 714      
Net Investment Hedge | Cross currency interest rate contract two, entered in October 2024 | Euro                              
Net Investment Hedges                              
Notional values | €                     € 100        
Net Investment Hedge | Cross currency interest rate contract two, entered in October 2024 | CNY                              
Net Investment Hedges                              
Notional values | ¥                       ¥ 713