Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of financial assets and liabilities measured at fair value on a recurring basis

Fair Value Measurements

The following table presents the Company’s financial assets and liabilities measured at fair value on a recurring basis:

			December 31,
(dollars in millions)	Balance sheet location	Classification	2019		2018
Asset Category
Foreign exchange and metals contracts not designated as hedging instruments	Other current assets	Level 2	$	1.2	$	0.9
Interest rate swaps designated as cash flow hedging instruments	Other current assets	Level 2	—		6.5
Cross currency swaps designated as net investment hedge	Other current assets	Level 2	18.4		—
Interest rate swaps designated as cash flow hedging instruments	Other assets	Level 2	—		2.6
Available for sale equity securities	Other assets	Level 1	0.3		0.3
Total			$	19.9	$	10.3
Liability Category
Interest rate swaps designated as cash flow hedging instruments	Accrued expenses and other current liabilities	Level 2	$	6.9	$	0.6
Foreign exchange and metals contracts not designated as hedging instruments	Accrued expenses and other current liabilities	Level 2	0.9		1.2
Interest rate swaps designated as cash flow hedging instruments	Other liabilities	Level 2	19.7		0.3
Cross currency swaps designated as net investment hedge	Other Liabilities	Level 2	0.3		—
Long-term contingent consideration	Other liabilities	Level 3	—		57.4
Total			$	27.8	$	59.5