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Derivatives and Hedging Activities (Tables)
 6 Months Ended
Jun. 30, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Value of Derivative Instruments
The following table details the fair value of our derivative instruments included on our Condensed Consolidated Balance Sheets.
 Cash Flow HedgeNon-Designated as Hedging InstrumentsTotal
(In millions)June 30, 2020December 31, 2019June 30, 2020December 31, 2019June 30, 2020December 31, 2019
Derivative Assets      
Foreign currency forward contracts and options
$1.4  $0.2  $5.3  $2.6  $6.7  $2.8  
Total Derivative Assets
$1.4  $0.2  $5.3  $2.6  $6.7  $2.8  
Derivative Liabilities      
Foreign currency forward contracts
$(0.5) $(2.0) $(1.3) $(2.0) $(1.8) $(4.0) 
Total Derivative Liabilities(1)
$(0.5) $(2.0) $(1.3) $(2.0) $(1.8) $(4.0) 
Net Derivatives(2)
$0.9  $(1.8) $4.0  $0.6  $4.9  $(1.2) 

(1)Excludes €400.0 million of euro-denominated debt ($447.6 million equivalent at June 30, 2020 and $445.6 million equivalent at December 31, 2019), which designated as a net investment hedge.
(2)The following table reconciles gross positions without the impact of master netting agreements to the balance sheet classification:

 Other Current AssetsOther Current Liabilities
(In millions)June 30, 2020December 31, 2019June 30, 2020December 31, 2019
Gross position$6.7  $2.8  $(1.8) $(4.0) 
Impact of master netting agreements
(1.5) (1.1) 1.5  1.1  
Net amounts recognized on the Condensed Consolidated Balance Sheets
$5.2  $1.7  $(0.3) $(2.9) 
Offsetting Assets The following table reconciles gross positions without the impact of master netting agreements to the balance sheet classification:
 Other Current AssetsOther Current Liabilities
(In millions)June 30, 2020December 31, 2019June 30, 2020December 31, 2019
Gross position$6.7  $2.8  $(1.8) $(4.0) 
Impact of master netting agreements
(1.5) (1.1) 1.5  1.1  
Net amounts recognized on the Condensed Consolidated Balance Sheets
$5.2  $1.7  $(0.3) $(2.9) 
Offsetting Liabilities The following table reconciles gross positions without the impact of master netting agreements to the balance sheet classification:
 Other Current AssetsOther Current Liabilities
(In millions)June 30, 2020December 31, 2019June 30, 2020December 31, 2019
Gross position$6.7  $2.8  $(1.8) $(4.0) 
Impact of master netting agreements
(1.5) (1.1) 1.5  1.1  
Net amounts recognized on the Condensed Consolidated Balance Sheets
$5.2  $1.7  $(0.3) $(2.9) 
Effect of Derivative Instruments on Condensed Consolidated Statements of Operations
The following table details the effect of our derivative instruments on our Condensed Consolidated Statements of Operations.
Amount of Gain (Loss) Recognized in
Earnings on Derivatives
Location of Gain (Loss) Recognized onThree Months Ended
June 30,		Six Months Ended
June 30,
(In millions)Condensed Consolidated Statements of Operations2020201920202019
Derivatives designated as hedging instruments:
    
Cash Flow Hedges:    
Foreign currency forward contractsCost of sales$2.0  $0.9  $3.1  $1.5  
Treasury locksInterest expense, net0.1  0.1  0.1  0.1  
Sub-total cash flow hedges2.1  1.0  3.2  1.6  
Fair Value Hedges:    
Interest rate swapsInterest expense, net0.2  0.2  0.3  0.3  
Derivatives not designated as hedging instruments:
    
Foreign currency forward and option contractsOther income, net(1.6) (1.6) (2.4) (4.3) 
Total$0.7  $(0.4) $1.1  $(2.4)