v3.26.1
OTHER COMPREHENSIVE INCOME (LOSS) INFORMATION - Schedule of other comprehensive income information related to the Company’s derivatives and hedging instruments and pension and postretirement benefits (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
OTHER COMPREHENSIVE INCOME (LOSS) INFORMATION        
COS [1] $ (2,469.5) $ (2,222.8) $ (4,764.8) $ (4,283.0)
SG&A (1,141.6) (1,067.7) (2,244.0) (2,117.7)
Interest (income) expense, net [2] (73.1) (63.2) (145.8) (121.5)
Subtotal (21.0) [3] 62.7 227.5 (19.7)
Derivative & Hedging Instruments        
OTHER COMPREHENSIVE INCOME (LOSS) INFORMATION        
Amount recognized in AOCI 29.0 (14.9) 21.7 (6.4)
Other activity 0.0 0.4 (0.1) 0.2
Tax impact (7.9) 4.1 (6.5) 1.8
Subtotal 25.3 (12.8) 21.2 (9.6)
Derivative & Hedging Instruments | Reclassification out of Accumulated Other Comprehensive Income        
OTHER COMPREHENSIVE INCOME (LOSS) INFORMATION        
COS 3.3 (2.6) 4.0 (4.7)
SG&A 0.9 (0.2) 1.9 (1.4)
Interest (income) expense, net 0.0 0.4 0.2 0.9
(Gains) losses reclassified from AOCI into income 4.2 (2.4) 6.1 (5.2)
Accumulated Defined Benefit Plans Adjustment, Net Prior Service Attributable to Parent | Reclassification out of Accumulated Other Comprehensive Income        
OTHER COMPREHENSIVE INCOME (LOSS) INFORMATION        
(Gains) losses reclassified from AOCI into income 6.5 2.1 13.0 4.2
Accumulated Defined Benefit Plans Adjustment Attributable to Parent        
OTHER COMPREHENSIVE INCOME (LOSS) INFORMATION        
Other activity (0.1) (14.1) (4.7) (12.7)
Tax impact (0.3) (0.1) (0.6) (0.6)
Subtotal 6.1 (12.1) 7.7 (9.1)
Amount recognized in AOCI $ 6.5 $ 2.1 $ 13.0 $ 4.2
[1] Cost of sales includes special (gains) and charges of $4.7 million and $2.5 million in the second quarter of 2026 and 2025, respectively, and $16.0 million and $7.3 million in the first six months of 2026 and 2025, respectively, which is recorded in product and equipment cost of sales.
[2] Interest expense, net includes special charges of $6.6 million in the second quarter and first six months of 2026.
[3] Dividends declared per common share were $0.73 and $0.65 in the second quarter of 2026 and 2025, respectively, and $1.46 and $1.30 in the first six months of 2026 and 2025, respectively.