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Derivative Instruments and Hedging Activities (Tables)
12 Months Ended
Dec. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Value, by Balance Sheet Grouping
The following table presents the fair value of our derivatives designated as hedging instruments in our Consolidated Balance Sheets as of December 31, 2014 and 2013:
 
Asset (Liability) Derivatives
 
December 31, 2014
 
December 31, 2013
(in millions)
Financial
Position Location
 
Fair Value
 
Financial
Position Location
 
Fair Value
Commodity derivatives contracts
Fair value of derivative asset
 
$

 
Fair value of derivative asset
 
$
0.3

Commodity derivatives contracts
Fair value of derivative
liability
 
(0.5
)
 
Fair value of derivative
liability
 

Foreign currency derivatives
Fair value of derivative asset
 
0.4

 
Fair value of derivative asset
 

Foreign currency derivatives
Fair value of derivative
liability
 
(0.7
)
 
Fair value of derivative
liability
 
(1.1
)
Total
 
 
$
(0.8
)
 
 
 
$
(0.8
)

The following table presents the fair value of our derivatives that have been de-designated as hedging instruments in our Consolidated Balance Sheets as of December 31, 2014 and 2013: 
 
Asset (Liability) Derivatives
 
December 31, 2014
 
December 31, 2013
(in millions)
Financial
Position Location
 
Fair
Value
 
Financial
Position Location
 
Fair
Value
Commodity derivatives contracts
Fair value of derivative asset
 
$

 
Fair value of derivative asset
 
$
0.3

Commodity derivatives contracts
Fair value of derivative
liability
 
(0.2
)
 
Fair value of derivative
liability
 

Foreign currency derivatives
Fair value of derivative
liability
 
(0.4
)
 
Fair value of derivative
liability
 
(0.5
)
Total
 
 
$
(0.6
)
 
 
 
$
(0.2
)
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance
The following table presents the impact of derivatives designated as hedging instruments on our Consolidated Statements of Operations and AOCI for our derivatives designated as cash flow hedging instruments for the years ended December 31, 2014, 2013 and 2012. 
(in millions)
Amount of Gain (Loss) Recognized in AOCI (Effective Portion)
Location of
Gain (Loss)
Reclassified
from AOCI
into Income
(Effective
Portion)
Amount of Gain (Loss) Reclassified from AOCI into Income (Effective Portion)
Location of
Gain (Loss)
Recognized
in Income
(Ineffective
Portion)
Amount of Gain (Loss) Recognized in Income (Ineffective Portion)
Years Ended December 31,
Years Ended December 31,
Years Ended December 31,
 
2014
 
2013
 
2012
2014
 
2013
 
2012
2014
 
2013
 
2012
Commodity
$
(0.4
)
 
$
0.3

 
$
1.3

Cost of Sales
$
0.4

 
$
0.2

 
$
(2.2
)
Cost of Sales
$

 
$

 
$

Currency
0.3

 
(1.5
)
 
1.1

Cost of Sales
(0.4
)
 
(1.0
)
 
(11.3
)
Cost of Sales

 

 

Total
$
(0.1
)
 
$
(1.2
)
 
$
2.4

 
$

 
$
(0.8
)
 
$
(13.5
)
 
$

 
$

 
$