Derivative Financial Instruments and Hedging (Tables)

6 Months Ended

Jun. 30, 2021

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Notional Amounts and Fair Value

The following table summarizes the gross notional amounts and fair values of the designated and non-designated hedges discussed in the above sections as of June 30, 2021:

	Fair Value				Gross Notional Amount
In millions	Designated		Non-Designated		Designated		Non-Designated
Foreign Exchange Contracts
Other current assets	$	8.0	$	0.1	$	865.9	$	324.5
Cross-currency Swaps
Other current liabilities	(8.4)		—		593.3		—
Total	$	(0.4)	$	0.1	$	1,459.2	$	324.5

The following table summarizes the gross notional amounts and fair values of the designated and non-designated hedged discussed in the above sections as of December 31, 2020:

	Fair Value				Gross Notional Amount
In millions	Designated		Non-Designated		Designated		Non-Designated
Foreign Exchange Contracts
Other current assets	$	9.2	$	0.5	$	793.6	$	1.3
Other current liabilities	(3.9)		(1.5)		928.0		319.6
Cross-currency Swaps
Other current liabilities	(26.0)		—		613.2		—
Total	$	(20.7)	$	(1.0)	$	2,334.8	$	320.9