Derivative Instruments and Hedging Activities (Tables)

6 Months Ended

Jun. 30, 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				Six months ended
		June 30				June 30
		2022		2021		2022		2021
Interest rate swaps and non-designated hedges	Interest expense	$	(1.5)	$	(2.2)	$	(3.6)	$	(4.1)
Foreign exchange forward contracts and cash flow hedges	Cost of sales	(0.4)		0.1		(0.4)		—
Foreign exchange forward contracts and cash flow hedges	Foreign exchange gain (loss), net	—		0.1		—		(4.1)
Total		$	(1.9)	$	(2.0)	$	(4.0)	$	(8.2)

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

As of June 30, 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)	4	26.4	BRL	5.1	USD
Currency forward agreements (EUR-GBP)	2	1.4	GBP	1.6	EUR