Derivative and Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2019

Derivatives [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

The table below presents the fair value of our derivative financial instruments as well as their classification in the consolidated balance sheets at March 31, 2019 and December 31, 2018:

Asset Derivatives

Liability Derivatives

March 31, 2019 (1)

December 31, 2018

March 31, 2019 (1)

December 31, 2018

(in millions)

Balance Sheet Location

Fair Value

Balance Sheet Location

Fair Value

Balance Sheet Location

Fair Value

Balance Sheet Location

Fair Value

Derivatives designated as hedging instruments

Interest Rate Swaps

Other Assets

$

—

Other Assets

$

—

Other Liabilities

$

13.4

Other Liabilities

$

7.4

(1) Derivatives subject to master netting arrangements are presented on a gross basis in our consolidated balance sheet. There were no derivative contracts in a master netting arrangement as of March 31, 2019 or December 31, 2018.

Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) [Table Text Block]

The table below presents the effect of our derivative financial instruments in the consolidated statements of income and comprehensive income for the three months ended March 31, 2019 and 2018:

(in millions)	Unrealized Gain (Loss) Recognized in Other Comprehensive Income (Loss) (“OCI”) on Derivatives					Location of Gain Reclassified from Accumulated OCI into Income	Amount of Gain Reclassified from Accumulated OCI into Income
Derivatives in Cash Flow Hedging Relationships	2019			2018			2019		2018
Interest Rate Swaps	$	(5.9	)	$	3.6	Interest expense	$	0.4	N/A