Derivative Instruments and Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2022

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
		2022		2021
Interest rate swaps and non-designated hedges	Interest expense	$	(2.1)	$	(1.9)
Foreign exchange forward contracts and cash flow hedges	Foreign exchange gain (loss), net	—		(4.2)
Total		$	(2.1)	$	(6.1)

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

As of March 31, 2022, 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 (USD-BRL)	6	59.1	BRL	11.1	USD
Currency forward agreements (EUR-USD)	2	1.0	EUR	1.2	USD
Currency forward agreements (EUR-GBP)	4	2.2	GBP	2.6	EUR