Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Change in Fair Value of Foreign Currency Forward Exchange Contracts Under Hedge Designations

The change in fair value of our foreign currency forward exchange contracts under hedge designations recorded net of tax within accumulated other comprehensive (loss) income for the quarters and six months ended June 30, 2022 and June 30, 2021 was as follows:

	Quarter Ended June 30,						Six Months Ended June 30,
(In millions)	2022			2021			2022			2021
Unrealized (losses) gains at beginning of period, net of tax	$	(8.0	)	$	5.6		$	(3.5	)	$	10.6
Losses (gains) reclassified to net sales		2.8			(1.5	)		3.1			(2.5	)
Decrease in fair value		(16.5	)		1.2			(21.3	)		(2.8	)
Unrealized (losses) gains at end of period, net of tax	$	(21.7	)	$	5.3		$	(21.7	)	$	5.3