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Derivative Instruments and Hedging Activities (Tables)
 12 Months Ended
Dec. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of derivative instruments in statement of financial position, fair value The balance sheet location and gross fair value of our outstanding derivative instruments were as follows (in millions):

 
 
 
Asset Derivatives
 
 
 
Fair Value
 
 
 
Year Ended
 
Balance Sheet Location
 
December 31,
2018
 
December 31,
2017
Designated derivatives:
 
 
 
 
 
Foreign currency forward contracts
Prepaid expenses and other current assets
 
$
2.0

 
$
4.1

Non-designated derivatives:
 
 
 
 
 
Foreign currency forward contracts
Prepaid expenses and other current assets
 
$
1.8

 
$
2.2

 
 
 
Liability Derivatives
 
 
 
Fair Value
 
 
 
Year Ended
 
Balance Sheet Location
 
December 31,
2018
 
December 31,
2017
Designated derivatives:
 
 
 
 
 
Foreign currency forward contracts
Accrued liabilities
 
$
6.4

 
$
1.4

Non-designated derivatives:
 
 
 
 
 
Foreign currency forward contracts
Accrued liabilities
 
$
2.8

 
$
2.4
Schedule of derivative instruments, effect on other comprehensive income (loss)
The gain (loss) recorded in OCI for the effective portion of our designated cash flow hedges were as follows (in millions):
 
 
Amount of Gain/(Loss) Recorded in OCI
(Effective Portion)
 
 
Year Ended
Designated Cash Flow Hedges
 
December 31,
2018
 
December 31,
2017
 
December 31,
2016
Interest rate swap agreements
 
$
—

 
$
—

 
$
(9.0
)
Foreign currency forward contracts
 
(9.1
)
 
9.4

 
2.1

 
 
$
(9.1
)
 
$
9.4

 
$
(6.9
)
Reclassification out of accumulated other comprehensive income The gain (loss) reclassified from AOCI into earnings for the effective portion of our designated cash flow hedges were as follows (in millions):
 
 
 
 
Amount of Gain/(Loss) Reclassified from AOCI into Earnings (Effective Portion)
 
 
 
 
Year Ended
Designated Cash Flow Hedges
 
Income Statement
Location
 
December 31,
2018
 
December 31,
2017
 
December 31,
2016
Treasury locks
 
Interest expense, net
 
$
(0.1
)
 
$
(0.1
)
 
$
(0.1
)
Interest rate swap agreements
 
Interest expense, net
 
(1.8
)
 
(2.1
)
 
(2.3
)
 
 
Other (income) expense, net
 
—

 
(6.0
)
 
—

Foreign currency forward contracts
 
Net sales
 
0.5

 
1.5

 
1.3

 
 
Cost of sales
 
1.9

 
5.6

 
3.0

 
 
Interest expense, net
 
(4.8
)
 
(2.6
)
 
(1.6
)
 
 
Other (income) expense, net
 
2.1

 
(1.5
)
 
0.4

 
 
 
 
$
(2.2
)
 
$
(5.2
)
 
$
0.7
Schedule of hedge ineffectiveness The gain (loss) recognized against earnings for the ineffective portion of our designated cash flow hedges were as follows (in millions):
 
 
 
 
Amount of Gain/(Loss) Recognized in Earnings
(Ineffective Portion)
 
 
 
 
Year Ended
Designated Cash Flow Hedges
 
Income Statement
Location
 
December 31,
2017
 
December 31,
2016
Interest rate swap agreements
 
Other (income) expense, net
 
$
—

 
$
(0.1
)
Foreign currency forward contracts
 
Net sales
 
0.2

 
(0.1
)
 
 
Cost of sales
 
0.1

 
(0.1
)
 
 
Other expense, net
 
1.0

 
0.6

Total
 
 
 
$
1.3

 
$
(0.3
)
    
Schedule of other derivatives not designated as hedging instruments, statements of financial performance and financial position, location The effects of our non-designated derivatives on the Consolidated Statements of Operations were as follows (in millions):
 
 
 
 
Amount of Gain/(Loss) Recognized in Income
 
 
 
 
Year Ended
Non-Designated Derivatives
 
Income Statement
Location
 
December 31,
2018
 
December 31,
2017
 
December 31,
2016
Foreign currency forward contracts
 
Other (income) expense, net
 
$
7.6

 
$
12.6

 
$
(2.4
)
 
 
Interest expense, net
 
(1.0
)
 
(5.3
)
 
(2.2
)
Total
 
 
 
$
6.6

 
$
7.3

 
$
(4.6
)