Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2016

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Summary of Interest Rate Swaps

The following table summarizes our interest rate swaps as of December 31, 2016:

Trade Date	Notional Amount		Coverage Period	Risk Coverage
November 13, 2016	$	250.0	November 2016 to March 2018	Term Loan A
November 13, 2016	$	200.0	November 2016 to March 2021	Term Loan A
April 1, 2016	$	100.0	April 2016 to March 2023	Term Loan B

Summary of Fair Value of Derivative Instruments on Consolidated Balance Sheet

	Derivative Assets					Derivative Liabilities
		Fair Value					Fair Value
	Balance Sheet Location	December31, 2016		December 31, 2015		Balance Sheet Location	December 31, 2016		December 31, 2015
Derivatives designated as hedging instruments
Natural gas    commodity contracts	Other current assets	$	1.0	$	-	Accounts payable and accrued expenses	$	-	$	0.8
Foreign exchange    contracts	Other current assets		1.4		3.4	Accounts payable and accrued expenses		-		0.1
Foreign exchange    contracts	Other non-current assets		0.2		-	Other long-term liabilities		-		-
Interest rate swap    contracts	Other non-current assets		7.4		-	Other long-term liabilities		0.5		10.6
Total derivatives designated as hedging instruments		$	10.0	$	3.4		$	0.5	$	11.5

Summary of Amount of Gain (Loss) Recognized in Accumulated Other Comprehensive Income

	Amount of Gain (Loss) Recognized in Accumulated Other Comprehensive Income (“AOCI”) (Effective Portion)									Location of Gain (Loss) Reclassified from AOCI into Income (Effective Portion)	Gain (Loss) Reclassified from AOCI into Income (Effective Portion)
	2016			2015			2014				2016			2015			2014
Derivatives in Cash Flow Hedging Relationships
Natural gas commodity    contracts	$	0.6		$	(2.3	)	$	(2.9	)	Cost of goods sold	$	(1.2	)	$	(4.4	)	$	0.7
Foreign exchange    contracts – purchases		-			1.2			1.1		Cost of goods sold		0.2			1.8			(0.2	)
Foreign exchange    contracts – sales		(2.9	)		4.7			4.6		Net sales		1.4			3.8			1.8
Interest rate swap    contracts		6.8			(2.1	)		(9.3	)	Interest expense		(8.3	)		(0.8	)		-
Total	$	4.5		$	1.5		$	(6.5	)		$	(7.9	)	$	0.4		$	2.3