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Derivative Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Foreign Currency Contracts As of June 30, 2020, we had outstanding foreign currency contracts to purchase and sell certain pairs of currencies, as follows:
(in millions)Sell
CurrencyPurchaseUSDEuro
USD39.2  —  35.0  
Yen6,856.4  33.8  27.1  
SGD44.4  25.9  5.1  
Schedule of Effects of Derivative Instruments on Other Comprehensive Income ('OCI') and Earnings
The following table summarizes the effects of derivative instruments designated as fair value hedges on the condensed consolidated statements of income:
Amount of (Gain) Loss Recognized in Income for theAmount of (Gain) Loss Recognized in Income for the
Three Months Ended
June 30,		Six Months Ended
June 30,		Location on Statement of Income
($ in millions)2020201920202019
Fair Value Hedges:
Hedged item (intercompany loan)
$(1.2) $5.5  $15.9  $(5.6) Other expense (income)
Derivative designated as hedging instrument
$1.2  $(5.5) $(15.9) $5.6  Other expense (income)
Amount excluded from effectiveness testing
$(2.0) $(4.5) $(3.9) $(9.3) Other expense (income)
Total$(2.0) $(4.5) $(3.9) $(9.3) 
The following tables summarize the effects of derivative instruments designated as fair value, cash flow, and net investment hedges on other comprehensive income (“OCI”) and earnings, net of tax:
 Amount of Gain (Loss) Recognized in OCI for theAmount of (Gain) Loss Reclassified from Accumulated OCI into Income for theLocation of (Gain) Loss Reclassified from Accumulated OCI into Income
Three Months Ended
June 30,		Three Months Ended
June 30,
($ in millions)2020201920202019 
Fair Value Hedges
Foreign currency hedge contracts$(0.7) $4.7  $(1.3) $(3.0) Other expense (income)
Total$(0.7) $4.7  $(1.3) $(3.0) 
Cash Flow Hedges:     
Foreign currency hedge contracts$0.4  $(0.2) $(0.3) $(0.2) Net sales
Foreign currency hedge contracts(0.7) 0.6  (0.2) (0.2) Cost of goods and services sold
Forward treasury locks—  —  0.1  0.1  Interest expense
Total$(0.3) $0.4  $(0.4) $(0.3)  
Net Investment Hedges:     
Foreign currency-denominated debt$—  $(0.3) $—  $—  Other expense (income)
Cross-currency swap0.6  —  —  —  Other expense (income)
Total$0.6  $(0.3) $—  $—   
 Amount of Gain (Loss) Recognized in OCI for theAmount of (Gain) Loss Reclassified from Accumulated OCI into Income for theLocation of (Gain) Loss Reclassified from Accumulated OCI into Income
Six Months Ended
June 30,		Six Months Ended
June 30,
($ in millions)2020201920202019 
Fair Value Hedges
Foreign currency hedge contracts$2.9  $4.6  $(2.6) $(6.3) Other expense (income)
Total$2.9  $4.6  $(2.6) $(6.3) 
Cash Flow Hedges:     
Foreign currency hedge contracts$0.5  $0.3  $(0.5) $(0.4) Net sales
Foreign currency hedge contracts(0.3) 0.5  (0.2) (0.3) Cost of goods and services sold
Forward treasury locks—  —  0.1  0.1  Interest expense
Total$0.2  $0.8  $(0.6) $(0.6)  
Net Investment Hedges:     
Foreign currency-denominated debt$—  $(0.2) $—  $—  Other (income)
Cross-currency swap(0.6) —  —  —  Other (income)
Total$(0.6) $(0.2) $—  $—   

The following table summarizes the effects of derivative instruments designated as fair value, cash flow, and net investment hedges by line item in our condensed consolidated statements of income:
Three Months Ended
June 30,		Six Months Ended
June 30,
($ in millions)2020201920202019
Net sales$(0.3) $(0.2) $(0.5) $(0.4) 
Cost of goods and services sold(0.2) (0.2) (0.2) (0.3) 
Interest expense0.1  0.1  0.1  0.1  
Other (income)(1.3) (3.0) (2.6) (6.3) 


The following table summarizes the effects of derivative instruments not designated as hedges on the condensed consolidated statements of income:
Amount of Loss Recognized in Income for theAmount of Loss Recognized in Income for the
Three Months Ended
June 30,		Six Months Ended
June 30,		Location on Statement of Income
($ in millions)2020201920202019
Commodity call options$—  $0.2  $0.2  $0.2  Cost of goods and services sold
Total$—  $0.2  $0.2  $0.2