v3.26.1
Financial Instruments, Risk Management and Fair Value Measurements - Schedule of Gains or Losses Related to Cash Flow Hedges and Derivatives Not Designated as Hedging Instruments (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Derivatives Designated as Hedging Instruments        
Unrealized hedging gains (losses) and other, net of tax $ 9.4 $ (20.0) $ 11.9 $ (36.7)
Reclassification of deferred hedging (gains) losses, net of tax [1] (5.2) (4.5) (6.9) (1.2)
Total derivative instrument impact on comprehensive income, net of tax 4.2 (24.5) 5.0 (37.9)
Designated as Cash Flow Hedges        
Derivatives Designated as Hedging Instruments        
Unrealized hedging gains (losses) and other, net of tax 9.4 (20.0) 11.9 (36.7)
Reclassification of deferred hedging (gains) losses, net of tax (5.2) (4.5) (6.9) (1.2)
Total derivative instrument impact on comprehensive income, net of tax 4.2 (24.5) 5.0 (37.9)
Designated as Cash Flow Hedges | Foreign Exchange        
Derivatives Designated as Hedging Instruments        
Unrealized hedging gains (losses) and other, net of tax 9.4 (20.0) 11.9 (36.7)
Reclassification of deferred hedging (gains) losses, net of tax (5.6) (4.9) (7.7) (1.9)
Total derivative instrument impact on comprehensive income, net of tax 3.8 (24.9) 4.2 (38.6)
Designated as Cash Flow Hedges | Interest rate        
Derivatives Designated as Hedging Instruments        
Unrealized hedging gains (losses) and other, net of tax 0.0 0.0 0.0 0.0
Reclassification of deferred hedging (gains) losses, net of tax 0.4 0.4 0.8 0.7
Total derivative instrument impact on comprehensive income, net of tax 0.4 0.4 0.8 0.7
Not Designated as Hedging Instruments        
Derivatives Not Designated as Hedging Instruments        
Amount of pre-tax gain (loss) recognized in income on derivatives $ (35.8) $ (15.4) $ (54.1) $ (15.5)
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Costs of sales and services, Selling, general and administrative expenses Costs of sales and services, Selling, general and administrative expenses Costs of sales and services, Selling, general and administrative expenses Costs of sales and services, Selling, general and administrative expenses
Not Designated as Hedging Instruments | Foreign Exchange        
Derivatives Not Designated as Hedging Instruments        
Amount of pre-tax gain (loss) recognized in income on derivatives $ (35.8) $ (15.4) $ (54.1) $ (15.5)
[1] For more detail on the components of these reclassifications and the affected line item in the consolidated statements of income (loss), see Note 13.