Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Financial Instruments At Fair Value

The following table presents assets and liabilities representing the fair value of our most significant derivative financial instruments. The fair values of the derivatives reflect the change in the market value of the derivative from the date of the trade execution and do not consider the offsetting underlying hedged item.

	Expiring at various dates through:	Total USD Equivalent Notional Amount		As of December 31, 2019
Derivatives Designated as Hedging Instruments				Assets				Liabilities
				Other Current Assets		Sundry		Other Current Liabilities
Cash flow hedges:
Currency hedges:
Future USD sales/purchases of Canadian, Chinese, European, South Korean, Swiss and UK subsidiaries	Sep 2021	$	138.5	$	1.3	$	.2	$	.7
Future MXN purchases of a USD subsidiary	Jun 2021	9.8		.5		.1		—
Future DKK sales of Polish subsidiary	Jun 2021	21.1		.3		—		—
Future EUR Sales of Chinese and UK subsidiaries	Jun 2021	29.9		.7		—		—
Total cash flow hedges				2.8		.3		.7
Fair value hedges:
Intercompany and third party receivables and payables exposed to multiple currencies (DKK, EUR, MXN, USD and ZAR) in various countries (CAD, CHF, CNY, GBP, PLN and USD)	May 2020	112.0		.8		—		.1
Total fair value hedges				.8		—		.1
Derivatives not designated as hedging instruments
Non-deliverable hedges (EUR and USD) exposed to the CNY	Dec 2020	10.1		.1		—		—
Hedge of USD Receivable on CAD Subsidiary	Jan 2020	5.0		—		—		.1
Total derivatives not designated as hedging instruments				.1		—		.1
Total derivatives				$	3.7	$	.3	$	.9

	Expiring at various dates through:	Total USD Equivalent Notional Amount		As of December 31, 2018
Derivatives Designated as Hedging Instruments				Assets				Liabilities
				Other Current Assets		Sundry		Other Current Liabilities		Other Long-Term Liabilities
Cash flow hedges:
Currency hedges:
Future USD sales/purchases of Canadian, Chinese, European, South Korean, Swiss and UK subsidiaries	Jun 2020	$	164.7	$	.5	$	.1	$	3.8	$	.2
Future MXN purchases of a USD subsidiary	Jun 2019	7.9		.1		—		—		—
Future EUR Sales of Chinese and UK subsidiaries	Jun 2020	32.3		.2		.1		.1		—
Total cash flow hedges				.8		.2		3.9		.2
Fair value hedges:
Intercompany and third party receivables and payables exposed to multiple currencies (DKK, EUR, MXN, USD and ZAR) in various countries (CAD, CHF, CNY, EUR, GBP, PLN and USD)	Dec 2019	65.8		.1		—		.3		—
Total fair value hedges				.1		—		.3		—
Derivatives not designated as hedging instruments
Non-deliverable hedges (EUR and USD) exposed to the CNY	Dec 2019	23.6		.1		—		.3		—
Total derivatives not designated as hedging instruments				.1		—		.3		—
Total derivatives				$	1.0	$	.2	$	4.5	$	.2

Schedule of Gains (Losses) Of Hedging Activities Recorded In Income

The following table sets forth the pretax (gains) losses for our hedging activities for the years presented. This schedule includes reclassifications from accumulated other comprehensive income as well as derivative settlements recorded directly to income or expense.

	Income Statement Caption	Amount of (Gain) Loss Recorded in Income for the Year Ended December 31
Derivatives Designated as Hedging Instruments		2019			2018			2017
Interest rate cash flow hedges	Interest expense	$	4.4		$	4.3		$	4.2
Currency cash flow hedges	Net sales	2.7			(2.0		)	(1.4		)
Currency cash flow hedges	Cost of goods sold	(1.6		)	.4			.4
Currency cash flow hedges	Other expense (income), net	.1			—			.6
Total cash flow hedges		5.6			2.7			3.8
Fair value hedges	Other expense (income), net	.8			1.2			(.2		)
Derivatives Not Designated as Hedging Instruments	Other expense (income), net	.1			(1.6		)	(1.7		)
Total derivative instruments		$	6.5		$	2.3		$	1.9