Derivatives (Tables)

6 Months Ended

Jun. 30, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Amounts related to cash flow hedges

We recorded the following amounts in AOCL related to our cash flow hedges (in millions):

	As of June 30, 2020		As of December 31, 2019
Unrealized losses on unsettled contracts	$	1.5	$	0.2
Income tax benefit	(0.9)		(0.2)
Losses (gains) included in AOCL, net of tax (1)	$	0.6	$	—

(1) Assuming commodity prices and foreign currency exchange rates remain constant, we expect to reclassify $1.0 million of derivative losses into earnings within the next 12 months.