XML 39 R27.htm IDEA: XBRL DOCUMENT v3.21.2
Derivative Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2021
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, 2021 and June 30, 2020 was as follows:

 

 

 

Quarter Ended June 30,

 

 

Six Months Ended June 30,

 

(In millions)

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Unrealized gains (losses) at beginning of period, net of tax

 

$

5.6

 

 

$

(18.7

)

 

$

10.6

 

 

$

(8.4

)

(Gains) losses reclassified to net sales

 

 

(1.5

)

 

 

4.4

 

 

 

(2.5

)

 

 

7.7

 

Increase (decrease) in fair value

 

 

1.2

 

 

 

2.0

 

 

 

(2.8

)

 

 

(11.6

)

Unrealized gains (losses) at end of period, net of tax

 

$

5.3

 

 

$

(12.3

)

 

$

5.3

 

 

$

(12.3

)