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Derivative Instruments and Hedging Activities (Tables)
6 Months Ended
Jun. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Value, by Balance Sheet Grouping
The following table presents the fair value of our derivatives designated as hedging instruments in our Consolidated Balance Sheets: 
 
Asset (Liability) Derivatives
 
June 30, 2015
 
December 31, 2014
(in millions)
Financial
Position Location
 
Fair
Value
 
Financial
Position Location
 
Fair
Value
Commodity derivatives contracts
Fair value of derivative asset
 
$

 
Fair value of derivative asset
 
$

Commodity derivatives contracts
Fair value of derivative
liability
 
(1.0
)
 
Fair value of derivative
liability
 
(0.5
)
Foreign currency derivatives
Fair value of derivative asset
 
0.3

 
Fair value of derivative asset
 
0.4

Foreign currency derivatives
Fair value of derivative
liability
 
(0.9
)
 
Fair value of derivative
liability
 
(0.7
)
Total
 
 
$
(1.6
)
 
 
 
$
(0.8
)
There were no assets or liabilities associated with de-designated hedging instruments as of June 30, 2015. As of December 31, 2014, there was a liability of $0.2 million related to de-designated commodity contracts and a liability of $0.4 million related to de-designated currency contracts.
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance
The following table presents the impact of derivatives designated as hedging instruments on our Consolidated Statements of Operations and AOCI for our derivatives designated as cash flow hedging instruments for the three and six months ended: 
(in millions)
Amount of Gain
(Loss) Recognized in
AOCI (Effective
Portion)
 
Location of Gain
(Loss) Reclassified
from AOCI  into
Income (Effective
Portion)
 
Amount of Gain
(Loss) Reclassified
from AOCI into
Income
(Effective Portion)
 
Location of Gain
(Loss) Recognized in
Income  (Ineffective
Portion)
 
Amount of Gain
(Loss)
Recognized in
Income (Ineffective
Portion)
June 30,
 
 
June 30,
 
 
June 30,
Three Months Ended
2015
 
2014
 
 
2015
 
2014
 
 
2015
 
2014
Commodity
$
(0.7
)
 
$
0.3

 
Cost of sales
 
$
(0.9
)
 
$
(0.2
)
 
Cost of sales
 
$
0.3

 
$
0.1

Currency
(1.3
)
 
0.1

 
Cost of sales
 
(3.3
)
 

 
Cost of sales
 

 

Total
$
(2.0
)
 
$
0.4

 
 
 
$
(4.2
)
 
$
(0.2
)
 
 
 
$
0.3

 
$
0.1

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended
2015
 
2014
 
 
 
2015
 
2014
 
 
 
2015
 
2014
Commodity
$
(1.1
)
 
$
(0.1
)
 
Cost of sales
 
$
(0.6
)
 
$
0.2

 
Cost of sales
 
$
0.2

 
$
0.1

Currency
(3.8
)
 
0.7

 
Cost of sales
 
(3.6
)
 
(0.6
)
 
Cost of sales
 

 

Total
$
(4.9
)
 
$
0.6

 
 
 
$
(4.2
)
 
$
(0.4
)
 
 
 
$
0.2

 
$
0.1