Derivative Instruments (Tables)

12 Months Ended

Dec. 31, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Quantitative Disclosures of Derivative Instruments Including Estimated Fair Values

The following tables present the required quantitative disclosures for our derivative instruments, including their estimated fair values (all estimated using Level 2 inputs) and their location on our consolidated balance sheets (in millions):

	Gain (Loss) Recognized in Other Comprehensive Income (Loss) (Effective Portion)
	2016			2015			2014
Derivatives designated as cash flow hedges:
Interest rate caps	$	—		$	—		$	(1.9	)
Forward-starting interest rate swaps	$	(22.7	)	$	(128.2	)	$	(155.5	)
Forward-currency contracts	$	(4.8	)	$	18.2		$	1.1
Derivatives designated as net investment hedges:
Cross-currency rate swaps	$	(87.0	)	$	798.5		$	66.3
Affected Line Item in Statements of Operations	Gain (Loss) Reclassified from AOCI into Earnings (Effective Portion)
	2016			2015			2014
Interest expense, net	$	(21.3	)	$	(12.0	)	$	(6.6	)
Other operating expenses (income), net	$	—		$	(27.6	)	$	13.4
Cost of sales	$	—		$	12.3		$	—
	Gain (Loss) Recognized in Other Operating Expenses (Income), net
	2016			2015			2014
Derivatives not designated as hedging instruments:
Interest rate caps	$	—		$	—		$	(1.0	)
Interest rate swaps	$	—		$	(12.4	)	$	55.4
Cross-currency rate swaps	$	—		$	4.3		$	(358.7	)
Ineffectiveness of cash flow hedges:
Interest rate swaps	$	—		$	(1.6	)	$	—

Summary of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

	Fair Value as of December 31,
	2016		2015		Balance Sheet Location
Assets:
Derivatives designated as cash flow hedges:
Foreign currency	$	—	$	6.6		Accounts and notes receivable, net
Foreign currency		2.8		—		Prepaids and other current assets
Derivatives designated as net investment hedges:
Foreign currency		717.9		830.9		Derivative assets
Total assets at fair value	$	720.7	$	837.5
Liabilities:
Derivatives designated as cash flow hedges:
Interest rate	$	55.1	$	40.9		Other liabilities, net
Foreign currency		1.1		—		Other accrued liabilities
Derivatives designated as net investment hedges:
Foreign currency		—		6.3		Other liabilities, net
Total liabilities at fair value	$	56.2	$	47.2