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Derivative Instruments (Tables)
12 Months Ended
Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Foreign currency forward contracts that were entered into to hedge forecasted revenue
 
Notional Amount
As of December 31,
Foreign Currency: (In millions)
2015
 
2014
Euro
$
945.5

 
$
1,174.6

Swiss francs
80.8

 

Canadian dollar
76.7

 
56.7

British pound sterling

 
34.5

Australian dollar

 
19.9

Japanese yen

 
16.6

Total foreign currency forward contracts
$
1,103.0

 
$
1,302.3

Summary of the effect of derivatives designated as hedging instruments on our consolidated statements of income
For the Years Ended December 31,
Net Gains/(Losses)
Reclassified from AOCI into Net Income
(Effective Portion)
 
Net Gains/(Losses)
Recognized into Net Income
(Ineffective Portion)
Location
 
2015
 
2014
 
2013
 
Location
 
2015
 
2014
 
2013
Revenue
 
$
173.2

 
$
6.8

 
$
(13.2
)
 
Other income (expense)
 
$
4.9

 
$
(1.5
)
 
$
(0.2
)
Summary of the fair value for our outstanding derivatives
(In millions)
Balance Sheet Location
Fair Value
As of December 31, 2015
Hedging Instruments:
 
 
Asset derivatives
Other current assets
$
16.6

 
Investments and other assets
$
0.3

Liability derivatives
Accrued expenses and other
$
10.2

 
Other long-term liabilities
$
2.5

Other Derivatives:
 
 
Asset derivatives
Other current assets
$
10.3

Liability derivatives
Accrued expenses and other
$
2.0

(In millions)
Balance Sheet Location
Fair Value
As of December 31, 2014
Hedging Instruments:
 
 
Asset derivatives
Other current assets
$
69.5

 
Investments and other assets
$
1.9

Other Derivatives:
 
 
Asset derivatives
Other current assets
$
1.3

Liability derivatives
Accrued expenses and other
$
5.4