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Financial instruments and concentration of credit risks (Tables)
12 Months Ended
Dec. 31, 2020
Fair Value Disclosures [Abstract]  
Fair Value of Foreign Exchange Forward Contracts by Balance Sheet Location
The following table summarizes the fair value of the company’s foreign exchange forward contracts.
As of December 31,20202019
Balance Sheet Location
Prepaid expenses and other current assets$1.4 $2.1 
Other accrued liabilities1.0 0.1 
Total fair value$0.4 $2.0 
Gains and Losses Recognized on Foreign Exchange Forward Contracts
The following table summarizes the location and amount of gains and losses recognized on foreign exchange forward contracts.
Year Ended December 31,202020192018
Statement of Income Location
Other (expense), net$7.6 $1.7 $(14.2)