Derivatives (Tables)

3 Months Ended

Mar. 31, 2016

Schedule of Fair Value of Derivatives Designated and Not Designated as Hedges

At March 31, 2016 and December 31, 2015, the total fair value of the Company’s foreign exchange forward contracts, which were the only derivatives not designated as hedges, and fair value hedges, along with the accounts in the Condensed Consolidated Balance Sheets in which the fair value amounts were included, were as follows:

	March 31, 2016		December 31, 2015
Derivatives not designated as hedges
Prepaid expenses and other current assets	$	0.5	$	1.8
Accrued liabilities		4.4		1.5
Derivatives designated as fair value hedges
Other noncurrent assets	$	3.0	$	0.4

Schedule of Pre-Tax (Gains) Losses Related to Derivatives Not Designated as Hedges

The pre-tax (gains) losses related to derivatives not designated as hedges recognized in the Condensed Consolidated Statements of Operations for the three months ended March 31, 2016 and 2015 were as follows:

		Three Months Ended
	Classification of (Gain) Loss Recognized in the	March 31,
	Condensed Consolidated Statements of Operations	2016		2015
Derivatives not designated as hedges
Foreign exchange forward contracts	Selling, general and administrative expenses	$	5.2	$	(31.7	)

Fair Value Hedging

Derivative [Line Items]

Schedule of Pre-Tax (Gains) Losses for Derivatives Designated as Fair Value Hedges

For derivatives designated as fair value hedges, the pre-tax (gains) losses related to the hedged items, attributable to changes in the hedged benchmark interest rate and the offsetting (gain) loss on the related interest rate swaps for the three months ended March 31, 2016 and 2015 were as follows:

		Three Months Ended
	Classification of (Gain) Loss Recognized in the	March 31,
	Condensed Consolidated Statements of Operations	2016			2015
Fair Value Hedges
Interest rate swaps	Investment and other expense-net	$	(2.6	)	$	(2.3	)
Hedged items	Investment and other expense-net		2.8			2.1
Total (gain) loss recognized as ineffectiveness in the Condensed Consolidated Statements of Operations	Investment and other expense-net	$	0.2		$	(0.2	)