Derivative Instruments (Tables)

6 Months Ended

Jun. 30, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments Measured at Fair Value in Statement of Financial Position

The following tables present the location on the consolidated balance sheets in which the Company’s derivative and nonderivative instruments have been recognized, the fair value hierarchy level applicable to each type of derivative and nonderivative instrument, and the related notional amounts and fair values as of June 30, 2016 and December 31, 2015. Derivative contracts designated as hedges are on-going; therefore no amounts reported in accumulated other comprehensive income/(loss) have been reclassified to earnings.

	June 30, 2016
				Derivative Assets			Derivative Liabilities
(In millions)	Fair Value Hierarchy Level	Notional Amount		Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivatives designated as hedges:
Cross-currency swap agreements	Level 2	$	730.9	Other long-term assets	$	3.9	Other long-term liabilities	$	(14.1	)
Interest rate swaps	Level 2	199.8		Other current assets	—		Other current liabilities	(4.5		)
Derivatives not designated as hedges:
Interest rate swaps	Level 2	77.7		Other current assets	—		Other current liabilities	(0.7		)
Foreign currency option and forward contracts	Level 2	307.7		Other current assets	2.7		Other current liabilities	—
Total					$	6.6		$	(19.3	)

	December 31, 2015
				Derivative Assets			Derivative Liabilities
(In millions)	Fair Value Hierarchy Level	Notional Amount		Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivatives designated as hedges:
Cross-currency swap agreements	Level 2	$	730.9	Other long-term assets	$	0.2	Other long-term liabilities	$	—
Interest rate swaps	Level 2	228.6		Other current assets	—		Other current liabilities	(7.3		)
Derivatives not designated as hedges:
Interest rate swaps	Level 2	43.5		Other current assets	—		Other current liabilities	(0.7		)
Foreign currency option contracts	Level 2	235.2		Other current assets	—		Other current liabilities	(1.0		)
Total					$	0.2		$	(9.0	)

Schedule of Gains and Losses Recognized on the Balance Sheet for Derivative Instruments

The following table indicates the amount of gains/(losses) that have been recognized in accumulated other comprehensive loss in the consolidated balance sheets and gains/(losses) recognized in net income (loss) in the consolidated statements of operations for derivative and nonderivative instruments:

	Recognized in Accumulated Other Comprehensive Income (Loss)					Recognized in Earnings
(In millions)	Three Months Ended June 30, 2016		Three Months Ended June 30, 2015			Three Months Ended June 30, 2016		Three Months Ended June 30, 2015
Derivatives designated as hedges:
Cross-currency swap agreements	$	26.8	$	(31.9	)	$	—	$	—
Interest rate swaps	1.4		(0.7		)	—		—
Derivatives not designated as hedges:
Interest rate swaps	—		—			0.4		—
Foreign currency option and forward contracts	—		—			5.2		—
Nonderivatives designated as hedges:
Foreign currency denominated notes	1.0		0.6			—		—
Total	$	29.2	$	(32.0	)	$	5.6	$	—

	Recognized in Accumulated Other Comprehensive Income (Loss)						Recognized in Earnings
(In millions)	Six Months Ended June 30, 2016			Six Months Ended June 30, 2015			Six Months Ended June 30, 2016		Six Months Ended June 30, 2015
Derivatives designated as hedges:
Cross-currency swap agreements	$	(6.0	)	$	(31.9	)	$	—	$	—
Interest rate swaps	2.5			(0.7		)	—		—
Derivatives not designated as hedges:
Interest rate swaps	—			—			0.6		—
Foreign currency option and forward contracts	—			—			2.8		—
Nonderivatives designated as hedges:
Foreign currency denominated notes	(0.7		)	0.6			—		—
Total	$	(4.2	)	$	(32.0	)	$	3.4	$	—