Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Price Risk Derivatives

	Commodity derivative contracts
Commodity	Volume hedged September 30, 2017	Volume hedged December 31, 2016	Units of measure	Duration
Copper	49.1	213.8	Metric Tons	Dec -17

Notional Amounts of Outstanding Derivative Positions

Foreign currency derivatives (in millions)
Functional currency	Traded currency	Notional in traded currency September 30, 2017	Notional in traded currency December 31, 2016	Duration
Brazilian real	Euro	1.1	—	Jan - 18
Chinese renminbi	US dollar	49.0	33.5	Nov - 18
Chinese renminbi	Euro	31.8	—	Jun - 18
Euro	Chinese renminbi	30.2	—	Dec - 17
Euro	British pound	1.0	4.2	Dec - 17
Euro	Japanese yen	774.0	1,004.8	Dec - 18
Euro	Polish zloty	33.6	18.8	Dec - 17
Euro	Swedish krona	267.4	—	May -18
Euro	US dollar	30.3	35.3	Dec - 18
Japanese yen	Chinese renminbi	18.1	68.7	Dec - 17
Japanese yen	Korean won	1,441.5	5,689.2	Dec - 17
Japanese yen	US dollar	0.5	2.0	Dec - 17
Korean won	Euro	3.2	—	Dec - 17
Korean won	Japanese yen	208.5	539.9	Dec - 17
Korean won	US dollar	5.1	14.2	Dec - 17
Mexican peso	US dollar	4.9	10.5	Dec - 17
Swedish krona	Euro	12.5	48.2	Dec - 17
US dollar	Euro	100.0	—	Dec - 17

Derivatives Instruments in Statements of Financial Position

	Assets					Liabilities
(in millions)	Location	September 30, 2017		December 31, 2016		Location	September 30, 2017		December 31, 2016
Foreign currency	Prepayments and other current assets	$	2.9	$	7.2	Accounts payable and accrued expenses	$	2.9	$	1.1
Commodity	Prepayments and other current assets	$	0.1	$	0.1	Accounts payable and accrued expenses	$	—	$	—
Net investment hedge	Prepayments and other current assets	$	—	$	—	Accounts payable and accrued expenses	$	9.6	$	—

Deferred Losses Reported In Accumulated Other Comprehensive Income Loss

(in millions)	Deferred gain (loss) in AOCI at						Gain (loss) expected to be reclassified to income in one year or less
Contract Type	September 30, 2017			December 31, 2016
Foreign currency	$	(0.9	)	$	5.6		$	(0.9	)
Commodity	0.1			(0.1		)	0.1
Net investment hedges	(45.3		)	29.5			—
Total	$	(46.1	)	$	35.0		$	(0.8	)

Derivative Instruments, Gain (Loss)

Cash Flow Hedges

		Gain (loss) reclassified from AOCI to income (effective portion)							Gain (loss) recognized in income (ineffective portion)
(in millions)		Three Months Ended							Three Months Ended
Contract Type	Location	September 30, 2017			September 30, 2016			Location	September 30, 2017			September 30, 2016
Foreign currency	Sales	$	1.3		$	0.7		SG&A expense	$	—		$	—
Foreign currency	Cost of goods sold	$	(0.4	)	$	(0.4	)	SG&A expense	$	(0.1	)	$	0.1
Commodity	Cost of goods sold	$	0.1		$	(0.4	)	Cost of goods sold	$	—		$	—

		Gain (loss) reclassified from AOCI to income (effective portion)						Gain (loss) recognized in income (ineffective portion)
(in millions)		Nine Months Ended						Nine Months Ended
Contract Type	Location	September 30, 2017		September 30, 2016			Location	September 30, 2017			September 30, 2016
Foreign currency	Sales	$	3.3	$	0.9		SG&A expense	$	—		$	—
Foreign currency	Cost of goods sold	$	0.9	$	(0.6	)	SG&A expense	$	(0.1	)	$	0.2
Commodity	Cost of goods sold	$	0.4	$	(1.5	)	Cost of goods sold	$	—		$	—

Fair Value Hedges

(in millions)		Three Months Ended September 30, 2017				Three Months Ended September 30, 2016
Contract Type	Location	Gain (loss) on swaps		Gain (loss) on borrowings		Gain (loss) on swaps			Gain (loss) on borrowings
Interest rate swap	Interest expense and finance charges	$	—	$	—	$	(2.8	)	$	2.8

(in millions)		Nine Months Ended September 30, 2017				Nine Months Ended September 30, 2016
Contract Type	Location	Gain (loss) on swaps		Gain (loss) on borrowings		Gain (loss) on swaps		Gain (loss) on borrowings
Interest rate swap	Interest expense and finance charges	$	—	$	—	$	8.5	$	(8.5	)