Derivatives (Tables)

3 Months Ended

Mar. 31, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Amounts related to cash flow hedges

We recorded the following amounts in AOCL related to our cash flow hedges (in millions):

	As of March 31, 2019		As of December 31, 2018
Unrealized losses on unsettled contracts	$	—	$	8.4
Income tax benefit	—		(2.2		)
Losses (gains) included in AOCL, net of tax (1)	$	—	$	6.2

⁽¹⁾ Assuming commodity and foreign currency prices remain constant, we expect to reclassify $1.2 million of derivative losses into earnings within the next 12 months.