Derivatives (Tables)

12 Months Ended

Dec. 31, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Amounts related to cash flow hedges

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

	As of December 31,
	2020		2019
Unrealized (losses) gains, net on unsettled contracts	$	(10.5)	$	0.2
Income tax benefit (expense)	2.3		(0.2)
Losses included in AOCL, net of tax (1)	$	(8.2)	$	—

(1) Assuming commodity and foreign currency prices remain constant, we expect to reclassify $7.7 million of derivative

losses into earnings within the next 12 months.