Derivatives (Tables)

12 Months Ended

Dec. 31, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivatives by Balance Sheet Location

The following table presents the fair value of asset and liability derivatives and the respective balance sheet locations at December 31, 2019 ($ in millions):

	Asset Derivatives			Liability Derivatives
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivatives Designated as Hedges:
Foreign exchange contracts	Accounts receivable	$	4.8	Accrued expenses	$	5.6
Foreign exchange contracts	Other assets	6.3		Other liabilities	5.5
Interest rate contracts	Accounts receivable	—		Accrued expenses	0.2
Interest rate contracts	Other assets	—		Other liabilities	—
Total derivatives designated as hedges		$	11.1		$	11.3
Derivatives not designated as hedges:
Foreign exchange contracts	Accounts receivable	$	0.1	Accounts payable	$	—
Total derivatives not designated as hedges		0.1			—
Total derivatives		$	11.2		$	11.3

The following table presents the fair value of asset and liability derivatives and the respective balance sheet locations at December 31, 2018 ($ in millions):

	Asset Derivatives			Liability Derivatives
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivatives Designated as Hedges:
Foreign exchange contracts	Accounts receivable	$	2.0	Accrued expenses	$	1.3
Foreign exchange contracts	Other assets	1.0		Other liabilities	8.8
Interest rate contracts	Other assets	1.8		Other liabilities	—
Total derivatives designated as hedges		$	4.8		$	10.1
Derivatives not designated as hedges:
Foreign exchange contracts	Accounts Receivable	0.1		Accounts Payable	—
Total derivatives not designated as hedges		0.1			—
Total derivatives		$	4.9		$	10.1

Derivatives by Income Statement Location

The following table provides the gross effect that derivative instruments in cash flow hedging relationships had on accumulated other comprehensive income (loss), or AOCI, and results of operations ($ in millions):

Derivatives Designated as Cash Flow Hedging Relationships	Unrealized Gain (Loss) Recognized in AOCI on Derivatives, Net of Tax for the Year Ended December 31,									Location of Loss (Gain) Reclassified from AOCI	Loss (Gain) Reclassified from AOCI, Net of Tax
	2019			2018			2017				2019			2018		2017
Foreign exchange contracts	$	(0.7	)	$	(1.7	)	$	2.2		Net sales	$	(1.2	)	$	0.8	$	0.4
Foreign exchange contracts	(2.3		)	0.1			(0.6		)	Other income, net	(1.9		)	0.1		0.5
Interest rate contracts	4.6			4.0			0.4			Interest expense	7.6			2.8		(1.2		)
Total	$	1.6		$	2.4		$	2.0			$	4.5		$	3.7	$	(0.3	)

Effect of Derivative Instruments Not Designated As Hedging Instruments

The following table provides the effect derivative instruments not designated as hedging instruments had on net income ($ in millions):

Derivatives Not Designated as Cash Flow Hedging Instruments	Amount of Gain / (Loss) Recognized in Other Income / Expense
	2019		2018			2017
Foreign exchange contracts	$	1.1	$	(2.5	)	$	2.7
Total	$	1.1	$	(2.5	)	$	2.7