XML 38 R26.htm IDEA: XBRL DOCUMENT v3.21.1
Derivative Instruments and Hedging Activities (Tables)
3 Months Ended
Mar. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of open foreign currency contracts
At March 31, 2021 and December 31, 2020, the Company had the following open foreign currency contracts (in millions):
March 31, 2021December 31, 2020
Foreign CurrencyNotional Amounts
(in U.S. Dollars)
Net Unrealized
Gain (Loss)
Notional Amounts
(in U.S. Dollars)
Net Unrealized
Gain (Loss)
Australian Dollar$34.2 $0.1 $26.0 $(0.5)
Canadian Dollar176.7 (3.7)169.8 (2.8)
Mexican Peso17.2 0.1 13.5 1.0 
Total$228.1 $(3.5)$209.3 $(2.3)
Schedule of open interest rate swap contracts
At March 31, 2021 and December 31, 2020, the Company had the following open interest rate swap contracts (in millions):
March 31, 2021December 31, 2020
Effective DateTermination DateNotional AmountsNet Unrealized
Gain (Loss)
Notional AmountsNet Unrealized
Gain (Loss)
May 2, 2018May 4, 2021$25.0 $(0.1)$25.0 $(0.2)
September 30, 2019September 30, 2023150.0 (9.7)150.0 (11.3)
March 3, 2020February 28, 2023400.0 (5.3)400.0 (6.6)
Total$575.0 $(15.1)$575.0 $(18.1)
Schedule of carrying values of derivative instruments
The table below summarizes the carrying values of derivative instruments as of March 31, 2021 and December 31, 2020 (in millions):
 Carrying Values of Derivative Instruments as of March 31, 2021
 Fair Value—
Assets
Fair Value—
(Liabilities)
Derivative Net
Carrying Value
Derivatives designated as hedging instruments
Foreign exchange contracts$0.6 $(4.1)$(3.5)
Interest rate contracts— (15.1)(15.1)
Total derivatives designated as hedging instruments$0.6 $(19.2)$(18.6)
 Carrying Values of Derivative Instruments as of December 31, 2020
 Fair Value—
Assets
Fair Value—
(Liabilities)
Derivative Net
Carrying Value
Derivatives designated as hedging instruments
Foreign exchange contracts$1.0 $(3.3)$(2.3)
Interest rate contracts— (18.1)(18.1)
Total derivatives designated as hedging instruments$1.0 $(21.4)$(20.4)