Items Designated and Qualifying as Hedged Items in Fair Value Hedging Relationships in the Consolidated Balance Sheets  (in millions): (1) Entire balances relate to hedging adjustments on discontinued hedging relationships. The Pretax Effect of Fair Value and Cash Flow Hedge Accounting on Accumulated Other Comprehensive Income (Loss)  (in millions): 133 For the year ended December 31, 2018 Derivatives in cash flow hedge relationships Amount of gain (loss) recognized in OCI on derivative Location of gain (loss) reclassified from AOCI into income Amount of gain (loss) recognized from AOCI on derivative Forward starting interest rate swaps $ (12.3 ) Interest expense $ (3.0 ) Foreign currency forwards 26.8 Cost of goods sold (0.2) Other income (expense), net (0.2 ) Total $ 14.5 $ (3.4) For the year ended December 31, 2019 Non-derivative financial instruments in net investment hedge relationships Amount of gain (loss) recognized in OCI on derivative Location of gain (loss) reclassified from AOCI into income Amount of gain (loss) recognized from AOCI on derivative Location of gain (loss) recognized in income on derivative (amount excluded from effectiveness testing) Amount of gain (loss) recognized in income on derivative (amount excluded from effectiveness testing) EUR 800 million notes due 2024 $ 20.4 Other income (expense), net $ — Other income (expense), net $ — EUR 500 million notes due 2019 10.1 Other income (expense), net — Other income (expense), net — Total $ 30.5 $ — $ — For the year ended December 31, 2019 Derivatives in net investment hedge relationships Amount of gain (loss) recognized in OCI on derivative Location of gain (loss) reclassified from AOCI into income Amount of gain (loss) recognized from AOCI on derivative Location of gain (loss) recognized in income on derivative (amount excluded from effectiveness testing) Amount of gain (loss) recognized in income on derivative (amount excluded from effectiveness testing) (1) Cross currency swaps $ 19.8 Interest expense $ — Interest expense $ 23.5 Total $ 19.8 $ — $ 23.5 For the year ended December 31, 2019 Derivatives in cash flow hedge relationships Amount of gain (loss) recognized in OCI on derivative Location of gain (loss) reclassified from AOCI into income Amount of gain (loss) recognized from AOCI on derivative Forward starting interest rate swaps $ (99.2 ) Interest expense $ (3.0 ) Foreign currency forwards (12.1) Cost of goods sold 3.1 Other income (expense), net (0.7 ) Total $ (111.3) $ (0.6) Line item in the balance sheet in which the hedged item is included Carrying amount of the hedged assets/liabilities Cumulative amount of fair value hedging adjustment(s) in the hedged assets/liabilities$^{(1)}$ Increase/(Decrease) As of December 31, 2019 As of December 31, 2018 As of December 31, 2019 As of December 31, 2018 (In millions) Current portion of long-term debt and short-term borrowings $ — $ — $ (0.2 ) $ (0.2 ) Long-term debt $ — $ — $ 6.5 $ 8.3