Derivative Instruments and Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2020

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,
		2020			2019
Non-designated hedges and interest rate swaps	Interest expense	$	(1.5	)	$	(1.1	)
Foreign exchange forward contracts and cash flow hedges	Net sales	0.3			(0.1		)
Foreign exchange forward contracts and cash flow hedges	Foreign exchange gain (loss), net	(13.6		)	0.2
Total		$	(14.8	)	$	(1.0	)

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

As of March 31, 2020, 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-GBP)	12	24.0	GBP	27.1	EUR