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Derivative Instruments and Hedging Activities (Tables)
 9 Months Ended
Sep. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Gain (loss) recognized on non-designated derivative instruments
The following table summarizes the gain (loss) recognized on derivative instruments:
Derivative instrument
 
Classification on consolidated statements of operations
 
Three Months Ended
 
Nine Months Ended
 
 
September 30,
 
September 30,
 
 
2016
 
2015
 
2016
 
2015
Cash flow hedges
 
Interest expense
 
$
(1.1
)
 
$
(1.4
)
 
$
(3.2
)
 
$
(3.5
)
Gain (loss) on foreign currency option contracts - acquisition related
 
Miscellaneous, net
 
—

 
—

 
35.6

 
—

Foreign exchange forward contracts
 
Foreign exchange gain (loss), net
 
0.5

 
6.6

 
(0.2
)
 
9.5

Foreign exchange forward contracts - acquisition related
 
Miscellaneous, net
 
(3.6
)
 
—

 
(26.3
)
 
—

Total
 
 
 
$
(4.2
)
 
$
5.2

 
$
5.9

 
$
6.0
Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]
As of September 30, 2016, the Company had the following outstanding foreign currency derivatives that were used to hedge its foreign exchange risks:
Foreign Currency Derivative
 
Number of Instruments
 
Notional Sold
 
Notional Purchased
Currency forward agreements (EUR-USD)
 
18

 
53.0

USD
 
47.3

EUR
Currency forward agreements (EUR-GBP)
 
13

 
40.7

GBP
 
51.6

EUR