XML 115 R94.htm IDEA: XBRL DOCUMENT v3.22.4
Financial Instruments and Fair Value Measurements - Summary of Derivative Financial Instruments (Details)
€ in Millions, £ in Millions, $ in Millions
1 Months Ended
Jun. 30, 2022
derivative
Jun. 30, 2020
USD ($)
derivative
Dec. 31, 2022
USD ($)
derivative
Rate
Oct. 31, 2022
GBP (£)
derivative
Oct. 31, 2022
USD ($)
derivative
Oct. 31, 2022
EUR (€)
derivative
Sep. 30, 2022
USD ($)
Dec. 31, 2021
USD ($)
derivative
Feb. 29, 2020
USD ($)
derivative
May 31, 2019
GBP (£)
derivative
May 31, 2019
USD ($)
derivative
Derivative [Line Items]                      
Notional Amount     $ 3,463.2         $ 2,731.9      
Fair Value - asset (liability)     17.7         (41.1)      
Designated as hedging instrument | Cash flow hedge                      
Derivative [Line Items]                      
Notional Amount     755.5         1,092.4      
Fair Value - asset (liability)     $ (11.6)         (26.4)      
Interest rate swap | Cash flow hedge                      
Derivative [Line Items]                      
Number of Instruments | derivative     1                
Interest rate swap | Designated as hedging instrument | Cash flow hedge                      
Derivative [Line Items]                      
Number of Instruments | derivative     1                
Notional Amount     $ 250.0         250.0      
Weighted Average Strike Rate     2.88%                
Fair Value - asset (liability)     $ 5.6         (11.9)      
Cross-currency swaps                      
Derivative [Line Items]                      
Number of derivative instruments terminated | derivative 4                    
Cross-currency swaps | Cash flow hedge                      
Derivative [Line Items]                      
Number of Instruments | derivative       6 6 6       4 4
Notional Amount       £ 612 $ 600.0         £ 130 $ 166.0
Cross-currency swaps | Designated as hedging instrument | Cash flow hedge                      
Derivative [Line Items]                      
Number of Instruments | derivative     3 6 6 6          
Notional Amount     $ 320.0   $ 600.0 € 612.0 $ 166.3 166.3      
Weighted Average Strike Rate       4.697% 4.697% 4.697%          
Fair Value - asset (liability)     $ (33.3)         (13.8)      
Number of derivative instruments terminated | derivative 4                    
Fixed strike rate       5.625% 5.625% 5.625%          
Cross-currency swaps | Not designated as hedging instrument                      
Derivative [Line Items]                      
Number of Instruments | derivative     3                
Notional Amount     $ 280.0         0.0      
Fair Value - asset (liability)     $ (29.5)         0.0      
Foreign currency forwards | Designated as hedging instrument | Cash flow hedge                      
Derivative [Line Items]                      
Number of Instruments | derivative     30                
Notional Amount     $ 185.5         176.1      
Fair Value - asset (liability)     $ 16.1         $ 7.6      
Weighted average forward exchange rate | Rate     1.34%                
Forward-starting swaps | Cash flow hedge                      
Derivative [Line Items]                      
Number of Instruments | derivative   6           6      
Notional Amount   $ 500.0                  
Forward-starting swaps | Designated as hedging instrument | Cash flow hedge                      
Derivative [Line Items]                      
Number of Instruments | derivative     6                
Forward-starting swap, derivative | Designated as hedging instrument | Cash flow hedge                      
Derivative [Line Items]                      
Number of Instruments | derivative     0                
Notional Amount     $ 0.0         $ 300.0      
Weighted Average Strike Rate     0.00%                
Fair Value - asset (liability)     $ 0.0         (3.2)      
Forward-starting swaps, hybrid debt | Designated as hedging instrument | Cash flow hedge                      
Derivative [Line Items]                      
Number of Instruments | derivative     0                
Notional Amount     $ 0.0         200.0      
Weighted Average Strike Rate     0.00%                
Fair Value - asset (liability)     $ 0.0         (5.1)      
Currency exchange swaps | Not designated as hedging instrument                      
Derivative [Line Items]                      
Number of Instruments | derivative     4                
Notional Amount     $ 2,427.7         1,639.5      
Fair Value - asset (liability)     $ 58.8         (14.7)      
GBP currency exchange swap | Not designated as hedging instrument                      
Derivative [Line Items]                      
Number of Instruments | derivative     1                
Notional Amount     $ 836.4                
Weighted average forward exchange rate | Rate     0.86%                
EUR currency exchange swap | Not designated as hedging instrument                      
Derivative [Line Items]                      
Number of Instruments | derivative     3                
Notional Amount     $ 1,600.0                
Weighted average forward exchange rate | Rate     1.05%                
Treasury rate locks | Cash flow hedge                      
Derivative [Line Items]                      
Notional Amount               $ 500.0 $ 500.0    
Number of derivative instruments terminated | derivative   5                  
Treasury rate locks | Designated as hedging instrument | Cash flow hedge                      
Derivative [Line Items]                      
Number of Instruments | derivative                 5