COMPREHENSIVE INCOME (LOSS) (Tables)

9 Months Ended

Sep. 30, 2020

Equity [Abstract]

Schedule of Components of Comprehensive Income

Components of Other comprehensive income (loss), net of tax, for the three and nine months ended September 30, 2020 and 2019 were as follows:

	Three Months Ended				Nine Months Ended
(in millions)	2020		2019		2020		2019
Foreign currency translation gains (losses)	$	107.1	$	(147.2)	$	67.6	$	(164.2)
Foreign currency translation (losses) gains on hedges of net investments	(22.3)		19.7		(28.0)		19.1

Schedule of Accumulated Other Comprehensive Income (Loss)

Changes in AOCI, net of tax, by component for the nine months ended September 30, 2020 and 2019 were as follows:

(in millions)	Foreign Currency Translation Gain (Loss)		Gain (Loss) on Cash Flow Hedges		Gain (Loss) on Net Investment Hedges		Pension Liability Gain (Loss)		Total
Balance, net of tax, at December 31, 2019	$	(368.3)	$	(10.6)	$	(100.7)	$	(120.1)	$	(599.7)
Other comprehensive income (loss) before reclassifications and tax impact	26.3		(18.8)		(7.0)		—		0.5
Tax benefit	13.3		2.4		0.8		—		16.5
Other comprehensive income (loss), net of tax, before reclassifications	39.6		(16.4)		(6.2)		—		17.0
Amounts reclassified from accumulated other comprehensive income, net of tax	—		0.4		—		4.7		5.1
Net increase (decrease) in other comprehensive loss	39.6		(16.0)		(6.2)		4.7		22.1
Balance, net of tax, at September 30, 2020	$	(328.7)	$	(26.6)	$	(106.9)	$	(115.4)	$	(577.6)

(in millions)	Foreign Currency Translation Gain (Loss)		Gain (Loss) on Cash Flow Hedges		Gain (Loss) on Net Investment Hedges		Pension Liability Gain (Loss)		Total
Balance, net of tax, at December 31, 2018	$	(284.7)	$	0.6	$	(111.4)	$	(83.2)	$	(478.7)
Other comprehensive (loss) income before reclassifications and tax impact	(134.0)		(18.6)		31.7		—		(120.9)
Tax (expense) benefit	(11.1)		4.5		(7.0)		—		(13.6)
Other comprehensive (loss) income, net of tax, before reclassifications	(145.1)		(14.1)		24.7		—		(134.5)
Amounts reclassified from accumulated other comprehensive income, net of tax	—		1.4		—		2.7		4.1
Net (decrease) increase in other comprehensive loss	(145.1)		(12.7)		24.7		2.7		(130.4)
Balance, net of tax, at September 30, 2019	$	(429.8)	$	(12.1)	$	(86.7)	$	(80.5)	$	(609.1)