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Statements of Consolidated Comprehensive Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Statement of Comprehensive Income [Abstract]      
Net income $ 1,864.4 $ 2,030.4 $ 1,541.3
Other comprehensive income (loss), net of tax:      
Foreign currency translation adjustments [1] (30.6) (14.1) (49.8)
Pension and other postretirement benefit adjustments:      
Amounts recognized in other comprehensive (loss) [2] 48.7 (19.4) (5.1)
Amounts reclassified from other comprehensive (loss) [3] 6.3 1.4 22.3
Pension and other postretirement benefit adjustments: 55.0 (18.0) 17.2
Unrealized net gains on cash flow hedges:      
Amounts reclassified from other comprehensive (loss) [4] (4.5) (6.7) (8.7)
Other comprehensive income (loss), net of tax 19.9 (38.8) (41.3)
Comprehensive income $ 1,884.3 $ 1,991.6 $ 1,500.0
[1] The years ended December 31, 2021, 2020 and 2019 include unrealized gains (losses), net of taxes, of $37.1 million, $(54.0) million and $1.1 million, respectively, related to net investment hedges. See Note 15.
[2] Net of taxes of $(12.6) million, $3.4 million and $1.3 million in 2021, 2020 and 2019, respectively.
[3] Net of taxes of $(2.1) million, $(0.4) million and $(7.3) million in 2021, 2020 and 2019, respectively
[4] Net of taxes of $1.0 million, $2.2 million and $2.8 million in 2021, 2020 and 2019, respectively.