Derivative Instruments and Hedging Activities (Tables)

6 Months Ended

Jun. 30, 2016

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 six months ended June 30, 2016 (in millions):

	Before-Tax Amount			Income Tax			After-Tax Amount
Accumulated derivative net losses as of December 31, 2015	$	(3.3	)	$	(1.3	)	$	(2.0	)
Net changes in fair value of derivatives	(7.8		)	(0.1		)	(7.7		)
Net losses reclassified from accumulated other comprehensive loss into income	0.9			—			0.9
Accumulated derivative net losses as of June 30, 2016	$	(10.2	)	$	(1.4	)	$	(8.8	)

Fair Value Of Derivative Instruments

The table below sets forth the fair value of derivative instruments as of June 30, 2016 (in millions):

	Asset Derivatives as of June 30, 2016			Liability Derivatives as of June 30, 2016
	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	$	0.4
Interest rate swap contracts	Other noncurrent assets	—		Other noncurrent liabilities	9.8
Derivative instruments not designated as hedging instruments:
Foreign currency contracts	Other current assets	16.1		Other current liabilities	4.0
Total derivative instruments		$	16.1		$	14.2

The table below sets forth the fair value of derivative instruments as of December 31, 2015 (in millions):

	Asset Derivatives as of December 31, 2015			Liability Derivatives as of December 31, 2015
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivative instruments designated as hedging instruments:
Interest rate swap contracts	Other noncurrent assets	$	—	Other noncurrent liabilities	$	5.9
Derivative instruments not designated as hedging instruments:
Foreign currency contracts	Other current assets	4.8		Other current liabilities	7.9
Total derivative instruments		$	4.8		$	13.8

Assets and liabilities measured at fair value on a recurring basis as of June 30, 2016 and December 31, 2015 are summarized below (in millions):

	As of June 30, 2016
	Level 1		Level 2		Level 3		Total
Derivative assets	$	—	$	16.1	$	—	$	16.1
Derivative liabilities	$	—	$	14.2	$	—	$	14.2
Trading securities	$	—	$	0.5	$	—	$	0.5

	As of December 31, 2015
	Level 1		Level 2		Level 3		Total
Derivative assets	$	—	$	4.8	$	—	$	4.8
Derivative liabilities	$	—	$	13.8	$	—	$	13.8
Long-term debt	$	—	$	297.4	$	—	$	297.4
Trading securities	$	—	$	6.6	$	—	$	6.6