Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2015

Location and Fair Value of Derivative Instruments Designated as Hedging Instruments

The location and fair value of derivative instruments that are designated as hedging instruments recognized in the condensed consolidated balance sheets are as follows:

		Fair Value of Derivatives
Derivatives Designated as Hedging Instruments	Balance Sheet Location	March 31, 2015		December 31, 2014
(dollars in millions)
Forward currency contracts	Other current assets	$	2.7	$	1.9
Option currency contracts	Other current assets		14.8		9.3
Interest rate swap contract	Other current assets		3.6		—
Forward currency contracts	Other assets		0.2		—
Interest rate swap contracts	Other assets		—		4.9
		$	21.3	$	16.1
Forward currency contracts	Accrued expenses	$	6.6	$	6.6
Forward currency contracts	Other long-term liabilities		0.1		—
Interest rate swap contract	Other long-term liabilities		7.6		—
		$	14.3	$	6.6

Location and Amounts of Gains and Losses on Derivative Instruments Designated as Cash Flow Hedges

The location and amounts of gains and losses on derivative instruments designated as cash flow hedges and the impact on shareholders’ investment are as follows:

	Gain/(Loss) Recognized in Other Comprehensive Income (Loss)				Location of Gain/(Loss) Reclassified from Accumulated     Other Comprehensive Loss into     Income	Gain/(Loss) Reclassified from Accumulated Other Comprehensive Loss into Income
	Three Months Ended March 31,					Three Months Ended March 31,
	2015		2014			2015		2014
(dollars in millions)
Forward currency contracts	$	0.1	$	0.3	Cost of goods sold	$	0.8	$	0.6
Option currency contracts		9.0		(0.6)	Cost of goods sold		1.1		(0.6)
Interest rate swap contract		(7.9)		—	Interest expense		—		—
	$	1.2	$	(0.3)		$	1.9	$	—

Location and Amounts of Gains and Losses on Derivative Instrument Designated as Fair Value Hedge

The location and amounts of gains and losses on the derivative instrument designated as a fair value hedge for the three months ended March 31, are as follows:

	Income Statement     Location	(Loss) Recognized on Swap				Gain Recognized on Debt
		2015		2014		2015		2014
(dollars in millions)
Interest rate swap contract	Interest expense	$	(1.0)	$	(1.0)	$	1.0	$	1.0

Financial Instrument Assets and (Liabilities) Measured at Fair Value on Recurring Basis

The following table summarizes certain financial instrument assets and (liabilities) measured at fair value on a recurring basis:

	March 31, 2015		December 31, 2014
(dollars in millions)
Forward currency contracts	$	(3.8)	$	(4.7)
Option currency contracts		14.8		9.3
Interest rate swap contracts		(4.0)		4.9