XML 37 R26.htm IDEA: XBRL DOCUMENT v3.20.2
Derivative Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2020
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 income for the quarters and six months ended June 30, 2020 and June 30, 2019 was as follows:

 

 

 

Quarter Ended June 30,

 

 

Six Months Ended June 30,

 

(In millions)

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Unrealized losses at beginning of period, net of tax

 

$

(18.7

)

 

$

(11.4

)

 

$

(8.4

)

 

$

(10.6

)

Losses reclassified to net sales

 

 

4.4

 

 

 

2.2

 

 

 

7.7

 

 

 

3.5

 

Increase (decrease) in fair value

 

 

2.0

 

 

 

(4.6

)

 

 

(11.6

)

 

 

(6.7

)

Unrealized losses at end of period, net of tax

 

$

(12.3

)

 

$

(13.8

)

 

$

(12.3

)

 

$

(13.8

)