Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2018

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Foreign Currency Contracts

As of June 30, 2018, we had outstanding foreign currency contracts to purchase and sell certain pairs of currencies, as follows:

(in millions)		Sell
Currency	Purchase	U. S. Dollar (“USD”)	Euro
USD	29.6	—	24.4
Yen	5,375.7	28.2	17.9
SGD	33.5	16.3	7.3

Effects of Derivative Instruments on Other Comprehensive Income ('OCI') and Earnings

The following table summarizes the effects of derivative instruments designated as hedges on other comprehensive income (“OCI”) and earnings, net of tax:

	Amount of Gain (Loss) Recognized in OCI for the						Amount of Loss (Gain) Reclassified from Accumulated OCI into Income for the				Location of Loss (Gain) Reclassified from Accumulated OCI into Income
	Three Months Ended June 30,						Three Months Ended June 30,
($ in millions)	2018			2017			2018		2017
Cash Flow Hedges:
Foreign currency hedge contracts	$	0.5		$	(1.2	)	$	0.3	$	0.2	Net sales
Foreign currency hedge contracts	(0.2		)	(2.2		)	0.1		0.1		Cost of goods and services sold
Interest rate swap contracts	—			—			—		0.2		Interest expense
Total	$	0.3		$	(3.4	)	$	0.4	$	0.5
Net Investment Hedges:
Foreign currency-denominated debt	$	1.2		$	(0.9	)	$	—	$	—	Other expense
Total	$	1.2		$	(0.9	)	$	—	$	—

	Amount of Gain (Loss) Recognized in OCI for the					Amount of Loss (Gain) Reclassified from Accumulated OCI into Income for the				Location of Loss (Gain) Reclassified from Accumulated OCI into Income
	Six Months Ended June 30,					Six Months Ended June 30,
($ in millions)	2018		2017			2018		2017
Cash Flow Hedges:
Foreign currency hedge contracts	$	0.1	$	(0.9	)	$	0.8	$	0.3	Net sales
Foreign currency hedge contracts	1.4		(1.1		)	0.5		0.1		Cost of goods and services sold
Interest rate swap contracts	—		—			—		0.3		Interest expense
Forward treasury locks	—		—			0.1		0.1		Interest expense
Total	$	1.5	$	(2.0	)	$	1.4	$	0.8
Net Investment Hedges:
Foreign currency-denominated debt	$	0.5	$	(1.2	)	$	—	$	—	Other expense
Total	$	0.5	$	(1.2	)	$	—	$	—