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Derivative Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Location And Fair Values Of Derivative Financial Instruments In Our Condensed Consolidated Statements Of Financial Position
The following table provides information on the location and fair values of derivative financial instruments included in our unaudited condensed consolidated statement of financial position as of:
 
 
 
 
June 30, 2015
 
December 31, 2014
Designation of Derivatives
 
Location on Statement of
Financial Position
 
Assets
 
Liabilities
 
Assets  
 
Liabilities
 
 
 
 
(in millions)
Cash Flow Hedges – Designated as hedging instruments
 
 
 
 
 
 
 
 
 
 
Foreign exchange forward contracts
 
Other current assets
 
$
10.7

 
$
—

 
$
0.7

 
$
—

 
 
Other noncurrent assets
 
3.5

 
—

 
3.9

 
—

 
 
Accrued expenses and other current liabilities
 
—

 
43.7

 
—

 
97.2

 
 
Other noncurrent liabilities
 
—

 
16.5

 
—

 
10.0

 
 
Total
 
14.2

 
60.2

 
4.6

 
107.2

Other Derivatives – Not designated as hedging instruments
 
 
 
 
 
 
 
 
 
 
Foreign exchange forward contracts
 
Other current assets
 
0.7

 
—

 
2.0

 
—

 
 
Accrued expenses and other current liabilities
 
—

 
1.5

 
—

 
0.1

 
 
Total
 
0.7

 
1.5

 
2.0

 
0.1

Total
 
 
 
$
14.9

 
$
61.7

 
$
6.6

 
$
107.3
Net unrealized (loss) included in accumulated other comprehensive income (loss)
The notional value of our outstanding contracts by year of maturity and the net unrealized (loss) included in accumulated other comprehensive income (loss) for such contracts were as follows as of:
 
June 30, 2015
 
December 31, 2014
 
(in millions)
2015
$
660.0

 
$
1,320.0

2016
1,020.0

 
720.0

2017
795.0

 
420.0

2018
255.0

 
—

Total notional value of contracts outstanding
$
2,730.0

 
$
2,460.0

Net unrealized (loss) included in accumulated other comprehensive income (loss), net of taxes
$
(37.6
)
 
$
(86.7
)
Notional value of outstanding contracts by year of maturity
The notional value of our outstanding contracts by year of maturity and the net unrealized (loss) included in accumulated other comprehensive income (loss) for such contracts were as follows as of:
 
June 30, 2015
 
December 31, 2014
 
(in millions)
2015
$
660.0

 
$
1,320.0

2016
1,020.0

 
720.0

2017
795.0

 
420.0

2018
255.0

 
—

Total notional value of contracts outstanding
$
2,730.0

 
$
2,460.0

Net unrealized (loss) included in accumulated other comprehensive income (loss), net of taxes
$
(37.6
)
 
$
(86.7
)
Location And Amounts Of Pre-Tax Gains (Losses) on Cash Flow Hedges
The following table provides information on the location and amounts of pre-tax (losses) on our cash flow hedges for the three months ended June 30:
 
(Increase) Decrease in
Derivative
Losses Recognized
in Accumulated Other
Comprehensive Income (Loss)
(effective portion)
 
Location of Net Derivative
(Losses) Reclassified
from Accumulated Other
Comprehensive Income (Loss)
into Income
(effective portion)
 
Net (Loss) Reclassified
from Accumulated Other
Comprehensive Income (Loss)
into Income
(effective portion)
 
2015
 
2014
 
 
 
2015
 
2014
 
(in millions)
Cash Flow Hedges – Designated as hedging instruments
 
 
 
 
 
 
 
 
 
Foreign exchange forward contracts
$
(9.0
)
 
$
34.7

 
Cost of revenues
 
$
(14.1
)
 
$
(25.6
)
 
 
 
 
 
Selling, general and administrative expenses
 
(3.1
)
 
(5.4
)
 
 
 
 
 
Total
 
$
(17.2
)
 
$
(31.0
)


The following table provides information on the location and amounts of pre-tax (losses) on our cash flow hedges for the six months ended June 30:
 
(Increase) Decrease in
Derivative
Losses Recognized
in Accumulated Other
Comprehensive Income (Loss)
(effective portion)
 
Location of Net Derivative
(Losses) Reclassified
from Accumulated Other
Comprehensive Income (Loss)
into Income
(effective portion)
 
Net (Loss) Reclassified
from Accumulated Other
Comprehensive Income (Loss)
into Income
(effective portion)
 
2015
 
2014
 
 
 
2015
 
2014
 
(in millions)
Cash Flow Hedges – Designated as hedging instruments
 
 
 
 
 
 
 
 
 
Foreign exchange forward contracts
$
25.7

 
$
121.0

 
Cost of revenues
 
$
(25.3
)
 
$
(59.1
)
 
 
 
 
 
Selling, general and administrative expenses
 
(5.6
)
 
(12.2
)
 
 
 
 
 
Total
 
$
(30.9
)
 
$
(71.3
)
Additional Information Related To Outstanding Contracts Not Designated As Hedging Instruments
Additional information related to our outstanding contracts is as follows:
 
June 30, 2015
 
December 31, 2014
 
Notional
 
Market Value

 
Notional
 
Market Value

 
(in millions)
Contracts to purchase U.S. dollars and sell:
 
 
 
 
 
 
 
Indian rupees
$
152.9

 
$
(1.4
)
 
$
160.0

 
$
1.8

Euros
23.5

 
0.4

 
24.4

 
0.2

British pounds
—

 
—

 
17.9

 
—

Australian dollars
9.7

 
$
0.1

 
9.6

 
(0.1
)
Canadian dollars
5.9

 
0.1

 
3.7

 
—

Total
$
192.0

 
$
(0.8
)
 
$
215.6

 
$
1.9
Location And Amounts Of Pre-Tax Gains (Losses) On Derivative Financial Instruments Not Designated As Hedges
The following table provides information on the location and amounts of realized and unrealized pre-tax gains and losses on our other derivative financial instruments for the three and six months ended June 30, 2015 and 2014:
 
Location of Net Gains (Losses) on
Derivative Instruments
 
Amount of Net Gains (Losses) on Derivative Instruments
 
 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
 
 
2015
 
2014
 
2015
 
2014
 
 
 
(in millions)
Other Derivatives – Not designated as hedging instruments
Foreign currency exchange gains (losses), net
 
 
 
 
 
 
 
 
Foreign exchange forward contracts
 
 
$
0.1

 
$
(4.3
)
 
$
(1.7
)
 
$
(12.6
)