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Derivative Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Company's Derivative Assets and Liabilities Measured at Fair Value on Recurring Basis
The following table summarizes the Company’s and its Affiliates’ derivative financial instruments measured at fair value on a recurring basis:
December 31, 2020December 31, 2021
AssetsLiabilitiesAssetsLiabilities
Forward foreign currency contracts$3.5 $(2.3)$0.9 $(0.8)
Interest rate swap— (1.9)— — 
Total $3.5 $(4.2)$0.9 $(0.8)
Schedule of Effect of Derivative Financial Instruments on the Consolidated Statements of Comprehensive Income and Statements of Income
The following table summarizes the effects of the derivative financial instruments on the Consolidated Statements of Comprehensive Income and the Consolidated Statements of Income:
For the Years Ended December 31,
20202021
Gain (Loss) Recorded in Other Comprehensive Income (loss)Gain Reclassified from Accumulated Other Comprehensive Loss into Earnings
Gain Recorded in Earnings from Excluded Components(1)
Gain (Loss) Recorded in Other Comprehensive Income (Loss)Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Earnings
Gain (loss) Recorded in Earnings from Excluded Components(1)
Forward foreign currency contracts$65.4 $0.6 $2.8 $(1.0)$1.0 $— 
Put options(47.7)— — — — — 
Call options(1.3)— — — — — 
Interest rate swap(1.9)— — 1.9 (0.4)— 
Total$14.5 $0.6 $2.8 $0.9 $0.6 $— 
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(1)The excluded components of the forward foreign currency contracts were recognized in earnings on a straight-line basis over the respective period of the contracts as a reduction to Interest expense.