XML 64 R54.htm IDEA: XBRL DOCUMENT v3.23.3
DERIVATIVE INSTRUMENTS - Narrative (Details)
SFr in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
USD ($)
Sep. 30, 2022
USD ($)
Sep. 30, 2023
USD ($)
Sep. 30, 2023
CHF (SFr)
Sep. 30, 2022
USD ($)
Sep. 22, 2023
USD ($)
Sep. 22, 2023
CHF (SFr)
Sep. 30, 2021
USD ($)
Jun. 30, 2021
USD ($)
Dec. 21, 2020
USD ($)
Dec. 21, 2020
CHF (SFr)
Derivative [Line Items]                      
Gain expected to be reclassified to earnings in the next twelve months $ 6,900,000   $ 6,900,000                
Designated as Hedging Instrument                      
Derivative [Line Items]                      
Gain (loss) recorded in AOCI, change in fair value 35,262,000 $ 54,674,000 22,858,000   $ 150,041,000            
Amount of Gain (Loss) Reclassified from AOCI into Earnings 22,170,000 19,279,000 22,679,000   42,071,000            
Cross-currency swap                      
Derivative [Line Items]                      
Current notional amount                   $ 471,600,000 SFr 420.1
Intercompany loan quarterly payments | SFr       SFr 5.8              
Gain (loss) reclassified into other income 1,500,000 1,100,000 4,400,000   5,000,000            
Gain (loss) recorded in AOCI, change in fair value 13,800,000 (12,300,000) 3,100,000   33,800,000            
Gain expected to be reclassified to earnings in the next twelve months 4,200,000   4,200,000                
Cross-currency swap | Cash Flow Hedges | Designated as Hedging Instrument                      
Derivative [Line Items]                      
Gain (loss) reclassified into other income 15,300,000 16,500,000 3,300,000   42,200,000            
Cross-currency swap | Cash Flow Hedges | Designated as Hedging Instrument | Other income, net                      
Derivative [Line Items]                      
Gain (loss) recorded in AOCI, change in fair value 13,796,000 12,332,000 3,114,000   33,784,000            
Amount of Gain (Loss) Reclassified from AOCI into Earnings 15,347,000 17,627,000 3,319,000   47,226,000            
Cross-currency swap | Net Investment Hedges | Designated as Hedging Instrument                      
Derivative [Line Items]                      
Gain (loss) reclassified into other income 1,800,000 2,400,000 6,000,000   4,700,000            
Gain (loss) recorded, net investment hedge, change in fair value 6,100,000 $ 9,400,000 (4,100,000)   $ 21,500,000            
Cross-currency swap | Codman                      
Derivative [Line Items]                      
Notional amount settled | SFr             SFr 20.0        
Cross-currency swap | Short | Codman                      
Derivative [Line Items]                      
Notional amount terminated           $ 48,500,000          
Current notional amount           $ 31,500,000 SFr 28.5        
Foreign currency swaps | Not Designated as Hedging Instrument                      
Derivative [Line Items]                      
Current notional amount               $ 5,500,000 $ 7,300,000    
Foreign currency forward contracts | Cash Flow Hedges | Designated as Hedging Instrument                      
Derivative [Line Items]                      
Current notional amount 3,500,000   3,500,000                
Foreign currency forward contracts | Cash Flow Hedges | Designated as Hedging Instrument | Cost of Sales                      
Derivative [Line Items]                      
Gain (loss) recorded in AOCI, change in fair value 98,000   333,000                
Amount of Gain (Loss) Reclassified from AOCI into Earnings $ 87,000   $ 445,000