Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2020

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Summary of Outstanding Swaps

The following table summarizes outstanding swaps that the Company has recorded at March 31, 2020.

		Initial US$
Date	Derivative	Notional
Entered	Financial	Amount		Fixed Rate	Floating Leg	Fixed Rate	Floating Leg	Settlement	Effective
into	Instrument	(millions)		(swap counterparty)	(swap counterparty)	(Company)	(Company)	Dates	Period of Swap
12/4/2018	Interest rate swap	$	600.0	4.8255%	Variable rate 1- month USD LIBOR plus 2%	N/A	1 Month USD- LIBOR- BBA plus 2%	Monthly on the last    business day of each    month commencing    with December 31,    2018 in accordance    with Modified    Following Business    Day Convention	12/4/2018 - 9/29/2023

Summary of Impact of Cross-Currency Swaps to AOCIL and Consolidated Statements of Operations

	March 31, 2020		December 31, 2019
Description (in millions)	Gain/(Loss) Recognized in AOCI
Cross currency swap agreements, net of tax	$	31.3	$	19.8

Summary of Fair Value Level 2 Inputs of Company's Derivatives

The following table summarizes the location and fair value, using Level 2 inputs (see Note 6 for a description of the fair value levels), of the Company's derivatives designated and not designated as hedging instruments in the unaudited condensed consolidated balance sheets (in millions).

	Balance Sheet Location	March 31, 2020		December 31, 2019
Designated as hedging instruments:
Cross currency swap agreements	Other long-term (assets)/liabilities	$	—	$	(15.0	)
Interest rate swap agreement	Other long-term (assets)		—		(0.0	)
Interest rate swap agreement	Other long-term liabilities		34.4		19.0
		$	34.4	$	4.0