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Derivative Instruments and Hedging Activities (Tables)
3 Months Ended
Mar. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary Of Accumulated Other Comprehensive Loss Related To Derivatives
The following table summarizes the activity in accumulated other comprehensive loss related to the derivatives held by the Company during the three months ended March 31, 2015 (in millions):
 
 
Before-Tax
Amount
 
Income
Tax
 
After-Tax
Amount
Accumulated derivative net losses as of December 31, 2014
 
$
(0.2
)
 
$
(0.1
)
 
$
(0.1
)
Net changes in fair value of derivatives
 
(2.0
)
 
(0.1
)
 
(1.9
)
Net losses reclassified from accumulated other comprehensive loss into income
 
0.3

 

 
0.3

Accumulated derivative net losses as of March 31, 2015
 
$
(1.9
)
 
$
(0.2
)
 
$
(1.7
)

    
Fair Value Of Derivative Instruments
The table below sets forth the fair value of derivative instruments as of March 31, 2015 (in millions):
 
Asset Derivatives as of
March 31, 2015
 
 
Liability Derivatives as of
March 31, 2015
 
Balance Sheet
Location
 
Fair
Value
 
 
Balance Sheet
Location
 
Fair
Value
Derivative instruments designated as hedging instruments:
 
 
 

 
 
 
 
 

Foreign currency contracts
Other current assets
 
$

 
 
Other current liabilities
 
$
1.8

Derivative instruments not designated as hedging instruments:
 
 
 
 
 
 
 
 
Foreign currency contracts
Other current assets
 
12.9

 
 
Other current liabilities
 
22.8

Total derivative instruments
 
 
$
12.9

 
 
 
 
$
24.6


The table below sets forth the fair value of derivative instruments as of December 31, 2014 (in millions):
 
Asset Derivatives as of
December 31, 2014
 
 
Liability Derivatives as of
December 31, 2014
 
Balance Sheet
Location
 
Fair
Value
 
 
Balance Sheet
Location
 
Fair
Value
Derivative instruments designated as hedging instruments:
 
 
 

 
 
 
 
 

Foreign currency contracts
Other current assets
 
$

 
 
Other current liabilities
 
$
0.2

Derivative instruments not designated as hedging instruments:
 
 
 
 
 
 
 
 
Foreign currency contracts
Other current assets
 
11.3

 
 
Other current liabilities
 
20.3

Total derivative instruments
 
 
$
11.3

 
 
 
 
$
20.5

Foreign currency contracts measured at fair value on a recurring basis as of March 31, 2015 and December 31, 2014 are summarized below (in millions):
 
As of March 31, 2015
 
Level 1
Level 2
Level 3
Total
Derivative assets
$

$
12.9

$

$
12.9

Derivative liabilities
$

$
24.6

$

$
24.6


 
As of December 31, 2014
 
Level 1
Level 2
Level 3
Total
Derivative assets
$

$
11.3

$

$
11.3

Derivative liabilities
$

$
20.5

$

$
20.5