Fair values of derivative instruments on balance sheet

The following table discloses the fair values of derivative instruments on our balance sheet (in millions):




As of May 31, 2016	Asset Derivatives					Liability Derivatives
	Balance Sheet Location	Notional Amount		Fair Value		Balance Sheet Location	Notional Amount		Fair Value
Interest rate contracts	Other current assets	$	100.0	$	3.0
Foreign exchange contracts	Other current assets	155.2		3.7		Other accrued liabilities	$	72.4	$	1.5
Total				$	6.7				$	1.5

As of May 31, 2015	Asset Derivatives					Liability Derivatives
	Balance Sheet Location	Notional Amount		Fair Value		Balance Sheet Location	Notional Amount		Fair Value
Interest rate contracts	Other current assets	$	150.0	$	5.9
Foreign exchange contracts	Other current assets	174.5		6.0		Other accrued liabilities	$	34.8	$	2.1
Total				$	11.9				$	2.1

As of November 30, 2015	Asset Derivatives					Liability Derivatives
	Balance Sheet Location	Notional Amount		Fair Value		Balance Sheet Location	Notional Amount		Fair Value
Interest rate contracts	Other current assets	$	100.0	$	2.5	Other accrued liabilities	$	100.0	$	0.6
Foreign exchange contracts	Other current assets	179.5		3.4		Other accrued liabilities	85.0		0.7
Total				$	5.9				$	1.3

Impact of fair value and cash flow hedges on other comprehensive income, accumulated other comprehensive income and income statement

The following tables disclose the impact of derivative instruments on our other comprehensive income (OCI), accumulated other comprehensive income (AOCI) and our income statement for the three and six month periods ended May 31, 2016 and 2015 (in millions):



Fair Value Hedges
Derivative	Income statement location	Income (expense)
		Three months ended May 31, 2016		Three months ended May 31, 2015		Six months ended May 31, 2016		Six months ended May 31, 2015
Interest rate contracts	Interest expense	$	0.3	$	1.3	$	0.9	$	2.5

Impact of fair value and cash flow hedges on other comprehensive income, accumulated other comprehensive income and income statement



Cash Flow Hedges –
For the three months ended May 31,
Derivative	Gain or (Loss) recognized in OCI					Income statement location	Gain or (Loss) reclassified from AOCI
	2016			2015			2016			2015
Interest rate contracts	$	—		$	1.0	Interest expense	$	—		$	(0.1	)
Foreign exchange contracts	(2.2		)	0.1		Cost of goods sold	1.8			2.2
Total	$	(2.2	)	$	1.1		$	1.8		$	2.1

Cash Flow Hedges –
For the six months ended May 31,
Derivative	Gain or (Loss) recognized in OCI					Income statement location	Gain or (Loss) reclassified from AOCI
	2016			2015			2016			2015
Interest rate contracts	$	—		$	1.0	Interest expense	$	(0.1	)	$	(0.1	)
Foreign exchange contracts	(0.1		)	3.1		Cost of goods sold	3.1			3.3
Total	$	(0.1	)	$	4.1		$	3.0		$	3.2