Derivative Instruments and Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2017

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 condensed consolidated statements of operations	Three Months Ended
		March 31,
		2017			2016
Non-designated hedges and interest rate swaps	Interest expense	$	(0.8	)	$	(1.0	)
Gain (loss) on foreign currency option contracts - acquisition related	Miscellaneous, net	—			36.5
Foreign exchange forward contracts and cash flow hedges	Foreign exchange gain (loss), net	1.2			(3.8		)
Total		$	0.4		$	31.7

Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]

As of March 31, 2017, 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)	17	82.2	USD	74.5	EUR
Currency forward agreements (EUR-GBP)	13	34.5	GBP	41.0	EUR
Currency forward agreements (EUR-CAD)	1	4.5	CAD	3.2	EUR
Currency forward agreements (EUR-CZK)	1	144.0	CZK	5.4	EUR