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Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Price Risk Derivatives
 
Commodity derivative contracts
Commodity
Volume hedged June 30, 2016
 
Volume hedged December 31, 2015
 
Units of measure
 
Duration
Copper
2,707.3

 
6,273.2

 
Metric Tons
 
Dec -16
Schedule of Interest Rate Derivatives [Table Text Block]
 
Interest rate swap contracts
(in millions)
Hedge Type
 
Notional Amount
 
Duration
Fixed to floating
Fair value
 
$
250.0

 
Sept - 20
Fixed to floating
Fair value
 
$
134.0

 
Oct - 19
Notional Amounts of Outstanding Derivative Positions
Foreign currency derivatives (in millions)
Functional currency
 
Traded currency
 
Notional in traded currency
June 30, 2016
 
Notional in traded currency
December 31, 2015
 
Duration
 
 
 
 
 
 
 
 
 
Chinese renminbi
 
Euro
 
11.8

 
30.5

 
Dec - 16
Chinese renminbi
 
US dollar
 
24.3

 
13.8

 
Jul - 17
Euro
 
British pound
 
2.5

 

 
Dec - 16
Euro
 
Hungarian forint
 
1,706.0

 
3,434.5

 
Dec - 16
Euro
 
Japanese yen
 
1,795.5

 
487.1

 
Dec - 16
Euro
 
Polish zloty
 
43.2

 

 
Dec - 16
Euro
 
US dollar
 
26.1

 
30.1

 
Dec - 16
Japanese yen
 
Chinese renminbi
 
46.9

 
92.6

 
Dec - 16
Japanese yen
 
Korean won
 
2,555.6

 
5,998.9

 
Dec - 16
Japanese yen
 
US dollar
 
1.3

 
3.0

 
Dec - 16
Korean won
 
Euro
 
1.2

 
2.5

 
Dec - 16
Korean won
 
Japanese yen
 
319.9

 

 
Dec - 16
Korean won

US dollar
 
24.2

 
77.9

 
Dec - 16
Swedish krona
 
Euro
 
2.1

 

 
Dec - 16
US dollar
 
Mexican peso
 
135.6

 
469.0

 
Sept - 16
Derivatives Instruments in Statements of Financial Position
 
 
Assets
 
Liabilities
(in millions)
 
Location
 
June 30,
2016
 
December 31, 2015
 
Location
 
June 30,
2016
 
December 31, 2015
Foreign currency
 
Prepayments and other current assets
 
$
4.7

 
$
2.7

 
Accounts payable and accrued expenses
 
$
4.8

 
$
8.7

Commodity
 
Prepayments and other current assets
 
$

 
$

 
Accounts payable and accrued expenses
 
$
3.9

 
$
10.4

Interest rate swaps
 
Other non-current assets
 
$
8.6

 
$

 
Accounts payable and accrued expenses
 
$

 
$
2.7


Deferred Losses Reported In Accumulated Other Comprehensive Income Loss
(in millions)
 
Deferred gain (loss) in AOCI at
 
Gain (loss) expected to be reclassified to income in one year or less
Contract Type
 
June 30, 2016
 
December 31, 2015
 
Foreign currency
 
$
1.4

 
$
(0.1
)
 
$
1.4

Commodity
 
(0.7
)
 
(2.1
)
 
(0.7
)
Net investment hedges
 
12.3

 
12.2

 

Foreign currency denominated debt designated as a net investment hedge
 
(12.4
)
 
0.1

 

Total
 
$
0.6

 
$
10.1

 
$
0.7

Gain (Loss) on Derivatives Designated As Hedging Instruments
 
 
 
 
Gain (loss) reclassified
from AOCI to income
(effective portion)
 
 
 
Gain (loss)
recognized in income
(ineffective portion)
(in millions)
 
 
 
Three Months Ended
 
 
 
Three Months Ended
Contract Type
 
Location
 
June 30,
2016
 
June 30,
2015
 
Location
 
June 30,
2016
 
June 30,
2015
Foreign currency
 
Sales
 
$
0.2

 
$

 
SG&A expense
 
$

 
$
(0.1
)
Foreign currency
 
Cost of goods sold
 
$
0.3

 
$
2.3

 
SG&A expense
 
$
(0.1
)
 
$

Commodity
 
Cost of goods sold
 
$
(1.0
)
 
$

 
Cost of goods sold
 
$

 
$


 
 
 
 
Gain (loss) reclassified
from AOCI to income
(effective portion)
 
 
 
Gain (loss)
recognized in income
(ineffective portion)
(in millions)
 
 
 
Six Months Ended
 
 
 
Six Months Ended
Contract Type
 
Location
 
June 30,
2016
 
June 30,
2015
 
Location
 
June 30,
2016
 
June 30,
2015
Foreign currency
 
Sales
 
$
0.2

 
$
(0.3
)
 
SG&A expense
 
$

 
$
(0.4
)
Foreign currency
 
Cost of goods sold
 
$
(0.2
)
 
$
3.8

 
SG&A expense
 
$
0.1

 
$
0.1

Commodity
 
Cost of goods sold
 
$
(1.1
)
 
$

 
Cost of goods sold
 
$

 
$


(in millions)
 
Three Months Ended
June 30, 2016
 
Six Months Ended
June 30, 2016
Income Statement Classification
 
Gain (loss) on swaps
 
Gain (loss) on borrowings
 
Gain (loss) on swaps
 
Gain (loss) on borrowings
Interest expense and finance charges
 
$
2.6

 
$
(2.6
)
 
$
11.3

 
$
(11.3
)