XML 36 R24.htm IDEA: XBRL DOCUMENT v3.5.0.2
Derivative Financial Instruments (Tables)
 9 Months Ended
Sep. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Effect of Designated Cash Flow Hedges on the Financial Statements
The following table provides the effect of the Company’s designated cash flow hedges on the Company’s Condensed Consolidated Financial Statements for the three and nine months ended September 30, 2016 and 2015:
Type of instrument:
Gain (Loss)
Recognized in OCI
on Derivative
(Effective Portion)
 
Gain (Loss)
Reclassified from
Accumulated OCI
into Income
(Effective Portion)
 
(in millions)
Three Months Ended September 30, 2016
 
 
 
Foreign exchange contract
$
—

 
$
0.6

Three Months Ended September 30, 2015
 
 
 
Foreign exchange contract
$
0.2

 
$
(0.8
)
 
 
 
 
Nine Months Ended September 30, 2016
 
 
 
Foreign exchange contract
$
1.4

 
$
0.5

Nine Months Ended September 30, 2015
 
 
 
Foreign exchange contract
$
(0.5
)
 
$
(2.9
)
Derivative Assets and Liabilities Measured at Fair Value
The derivative assets and liabilities measured at fair value on a recurring basis as of September 30, 2016 and December 31, 2015 were as follows:
 
Total
 
Level 1
 
Level 2
 
Level 3
 
(in millions)
September 30, 2016
 
 
 
 
 
 
 
Foreign currency forward contracts (asset position)
$
0.4

 
$
—

 
$
0.4

 
$
—

December 31, 2015
 
 
 
 
 
 
 
Foreign currency forward contracts (asset position)
$
0.1

 
$
—

 
$
0.1

 
$
—