v3.25.2
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Effect of Cash Flow Hedges Included in AOCI (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Jun. 28, 2025
Jun. 29, 2024
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Amount of Gain/(Loss) Recorded in OCI, Cash flow hedges $ (2.2) $ 6.1 $ (12.8) $ 39.7
Amount of Gain/(Loss) Recorded in OCI, Net investment hedges (200.0)   (276.3)  
Gain or (Loss) Reclassified from AOCI into Earnings, Related to Amounts Included in Effectiveness Testing, Cash flow hedges 4.6 8.7 9.6 16.3
Gain or (Loss) Reclassified from AOCI into Earnings, Related to Amounts Excluded from Effectiveness Testing, Cash flow hedges (0.2) (0.4) (0.1) (1.0)
Gain or (Loss) Reclassified from AOCI into Earnings, Related to Amounts Excluded from Effectiveness Testing, Net investment hedges 9.5   18.9  
Foreign currency cash flow hedge gain (loss) to be reclassified during next 12 months 20.5   20.5  
5.375% Notes due 2032        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Amount of Gain/(Loss) Recorded in OCI, Net investment hedges (31.0)   (47.4)  
Interest rate swap agreements        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Amount of Gain/(Loss) Recorded in OCI, Cash flow hedges (5.0) 6.6 (16.1) 40.1
Gain or (Loss) Reclassified from AOCI into Earnings, Related to Amounts Included in Effectiveness Testing, Cash flow hedges 4.4 8.6 9.1 16.3
Gain or (Loss) Reclassified from AOCI into Earnings, Related to Amounts Excluded from Effectiveness Testing, Cash flow hedges 0.0 0.0 0.0 0.0
Interest rate swap agreements | Cost of sales        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Gain or (Loss) Reclassified from AOCI into Earnings, Related to Amounts Included in Effectiveness Testing, Cash flow hedges 0.0 0.0 0.0 0.0
Interest rate swap agreements | Other (income) expense, net        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Gain or (Loss) Reclassified from AOCI into Earnings, Related to Amounts Included in Effectiveness Testing, Cash flow hedges 0.0 0.0 0.0 0.0
Foreign currency forward contracts        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Amount of Gain/(Loss) Recorded in OCI, Cash flow hedges 2.8 (0.5) 3.3 (0.4)
Foreign currency forward contracts | Net sales        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Gain or (Loss) Reclassified from AOCI into Earnings, Related to Amounts Included in Effectiveness Testing, Cash flow hedges 0.1 0.0 0.1 (0.1)
Gain or (Loss) Reclassified from AOCI into Earnings, Related to Amounts Excluded from Effectiveness Testing, Cash flow hedges (0.1) (0.2) (0.1) (0.5)
Foreign currency forward contracts | Cost of sales        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Gain or (Loss) Reclassified from AOCI into Earnings, Related to Amounts Included in Effectiveness Testing, Cash flow hedges 0.1 0.1 0.4 0.1
Gain or (Loss) Reclassified from AOCI into Earnings, Related to Amounts Excluded from Effectiveness Testing, Cash flow hedges 0.0 (0.2) 0.1 (0.4)
Foreign currency forward contracts | Other (income) expense, net        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Gain or (Loss) Reclassified from AOCI into Earnings, Related to Amounts Included in Effectiveness Testing, Cash flow hedges 0.0 0.0 0.0 0.0
Gain or (Loss) Reclassified from AOCI into Earnings, Related to Amounts Excluded from Effectiveness Testing, Cash flow hedges (0.1) 0.0 (0.1) (0.1)
Cross-currency swaps        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Amount of Gain/(Loss) Recorded in OCI, Net investment hedges (169.0) 17.4 (228.9) 66.3
Gain or (Loss) Reclassified from AOCI into Earnings, Related to Amounts Excluded from Effectiveness Testing, Net investment hedges $ 9.5 $ 6.8 $ 18.9 $ 14.1