Quarterly report pursuant to Section 13 or 15(d)

Derivative Instruments and Hedging Activities - Effect of Cash Flow Hedging Relationships on Condensed Consolidated Statements of Income (Detail)

v3.23.2
Derivative Instruments and Hedging Activities - Effect of Cash Flow Hedging Relationships on Condensed Consolidated Statements of Income (Detail) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Derivative Instruments, Gain (Loss) [Line Items]        
Cost of sales $ 301.6 $ 315.8 $ 600.2 $ 622.9
Selling, general, and administrative expenses [1] 460.5 470.0 936.4 924.9
Interest expense, net 38.4 31.7 77.8 61.4
Foreign Exchange Currency Contracts Relating To Inventory Hedges [Member] | Cost of sales [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of loss reclassified from accumulated other comprehensive loss to income (1.4) (0.8) (4.3) (0.8)
Amount of loss excluded from assessment of effectiveness recognized in income (1.1) (1.2) (2.5) (2.8)
Foreign Exchange Currency Contracts Relating To Inventory Hedges [Member] | Selling, General and Administrative Expenses [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of loss reclassified from accumulated other comprehensive loss to income 0.0 0.0 0.0 0.0
Amount of loss excluded from assessment of effectiveness recognized in income 0.0 0.0 0.0 0.0
Foreign Exchange Currency Contracts Relating To Inventory Hedges [Member] | Interest expense, net [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of loss reclassified from accumulated other comprehensive loss to income 0.0 0.0 0.0 0.0
Amount of loss excluded from assessment of effectiveness recognized in income 0.0 0.0 0.0 0.0
Foreign Exchange Currency Contracts Relating To Intercompany Management Fee Hedges | Cost of sales [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of loss reclassified from accumulated other comprehensive loss to income 0.0 0.0 0.0 0.0
Amount of loss excluded from assessment of effectiveness recognized in income 0.0 0.0 0.0 0.0
Foreign Exchange Currency Contracts Relating To Intercompany Management Fee Hedges | Selling, General and Administrative Expenses [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of loss reclassified from accumulated other comprehensive loss to income (0.1) 0.7 (0.2) 0.9
Amount of loss excluded from assessment of effectiveness recognized in income 0.1 0.0 0.2 0.0
Foreign Exchange Currency Contracts Relating To Intercompany Management Fee Hedges | Interest expense, net [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of loss reclassified from accumulated other comprehensive loss to income 0.0 0.0 0.0 0.0
Amount of loss excluded from assessment of effectiveness recognized in income 0.0 0.0 0.0 0.0
Interest Rate Swap [Member] | Cost of sales [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of loss reclassified from accumulated other comprehensive loss to income 0.0 0.0 0.0 0.0
Amount of loss excluded from assessment of effectiveness recognized in income 0.0 0.0 0.0 0.0
Interest Rate Swap [Member] | Selling, General and Administrative Expenses [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of loss reclassified from accumulated other comprehensive loss to income 0.0 0.0 0.0 0.0
Amount of loss excluded from assessment of effectiveness recognized in income 0.0 0.0 0.0 0.0
Interest Rate Swap [Member] | Interest expense, net [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of loss reclassified from accumulated other comprehensive loss to income 0.0 0.0 0.3 (0.2)
Amount of loss excluded from assessment of effectiveness recognized in income $ 0.0 $ 0.0 $ 0.0 $ 0.0
[1] Contribution margin consists of net sales less cost of sales and Royalty overrides. For the China segment, contribution margin does not include the portion of service fees to China independent service providers included in selling, general, and administrative expenses, which totaled $44.5 million and $52.2 million for the three months ended June 30, 2023 and 2022, respectively, and $78.2 million and $106.4 million for the six months ended June 30, 2023 and 2022, respectively.