DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

9 Months Ended

Sep. 30, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of fair value of derivative instruments designated as hedging instruments that are reported in the Consolidated Balance Sheet

The following table provides the location and fair value amounts of derivative instruments designated and not designated as hedging instruments that are reported in the Condensed Consolidated Balance Sheet (in millions):

		September 30, 2017						December 31, 2016
Asset Derivatives	Balance Sheet Account	Derivatives designated as hedges			Derivatives not designated as hedges			Derivatives designated as hedges			Derivatives not designated as hedges
Foreign exchange contracts	Other current assets	$	5.8		$	0.1		$	4.2		$	2.6
Debt conversion feature	Other assets	$	—		$	1.4		$	—		$	1.1
Total asset derivatives		$	5.8		$	1.5		$	4.2		$	3.7
Liability Derivatives
Foreign exchange contracts	Other current liabilities	$	(2.2	)	$	(0.1	)	$	(6.8	)	$	(1.2	)
Cross currency swap	Other current liabilities	(0.2		)	—			—			—
Cross currency swap	Other non-current liabilities	(2.4		)	—			—			—
Total liability derivatives		(4.8		)	(0.1		)	(6.8		)	(1.2		)
Total Derivatives		$	1.0		$	1.4		$	(2.6	)	$	2.5

Schedule of fair value of derivative instruments not designated as hedging instruments that are reported in the Consolidated Statement of Comprehensive Income and Balance Sheet

Derivatives not designated as hedges are used to offset foreign exchange gains or losses resulting from the underlying exposures of foreign currency denominated assets and liabilities. The following table provides the effect of non-designated derivatives outstanding at the end of the period in the Condensed Consolidated Statement of Comprehensive Income (Loss) (in millions):

Gain (Loss) Recognized in Income on Derivatives not designated as hedges:	Three Months Ended September 30,				Nine Months Ended September 30,
Account	2017		2016		2017			2016
Other income (expense) – net	$	1.2	$	7.0	$	(1.1	)	$	(2.8	)

Schedule of derivative instruments that are designated as hedges in the Consolidated Statement of Comprehensive Income

The following tables provide the effect of derivative instruments that are designated as hedges in the Condensed Consolidated Statement of Comprehensive Income (Loss) and AOCI (in millions):

Gain (Loss) Recognized on Derivatives in AOCI, net of tax:	Three Months Ended September 30,						Nine Months Ended September 30,
Cash Flow Derivatives	2017			2016			2017			2016
Foreign exchange contracts	$	(0.9	)	$	(0.2	)	$	4.6		$	(4.8	)
Cross currency swap	(0.2		)	—			(0.2		)	—
Interest rate swap	—			—			—			(0.2		)
Total	$	(1.1	)	$	(0.2	)	$	4.4		$	(5.0	)
Gain (Loss) Reclassified from AOCI into Income (Effective):	Three Months Ended September 30,						Nine Months Ended September 30,
Account	2017			2016			2017			2016
Cost of goods sold	$	2.5		$	(1.5	)	$	1.0		$	(0.4	)
Other income (expense) – net	(1.6		)	—			(2.3		)	—
Total	$	0.9		$	(1.5	)	$	(1.3	)	$	(0.4	)
Gain (Loss) Recognized on Derivatives (Ineffective) in Income :	Three Months Ended September 30,						Nine Months Ended September 30,
Account	2017			2016			2017			2016
Cost of goods sold	$	0.8		$	0.1		$	1.6		$	1.0
Other income (expense) – net	0.3			(0.2		)	0.2			(0.2		)
Total	$	1.1		$	(0.1	)	$	1.8		$	0.8