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Derivative Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Company's Derivative Assets and Liabilities Measured at Fair Value on Recurring Basis
The following table summarizes the Company’s and its Affiliates’ derivative financial instruments measured at fair value on a recurring basis:
 
 
December 31, 2019
 
June 30, 2020
 
 
Assets
 
Liabilities
 
Assets
 
Liabilities
Forward contracts
 
$
23.8

 
$
(1.0
)
 
$
1.0

 
$
(0.6
)
Put options
 

 
(31.0
)
 

 
 

Call options
 
15.1

 

 

 
 

Interest rate swap
 

 

 

 
 
(2.0
)
Total
 
$
38.9

 
$
(32.0
)
 
$
1.0

 
$
(2.6
)

Schedule of Effect of Derivative Financial Instruments on the Consolidated Statements of Comprehensive Income and Statements of Income
The following tables summarize the effects of derivative financial instruments on the Consolidated Statements of Comprehensive Income and the Consolidated Statements of Income:
 
 
For the Three Months Ended June 30,
 
 
2019
 
2020
 
 
Gain (Loss) Recognized in Other Comprehensive Income (Loss)
 
Gain Reclassified from Accumulated Other Comprehensive Loss into Earnings
 
Gain Recognized in Earnings from Excluded Components(1)
 
Loss Recognized in Other Comprehensive Income (Loss)
 
Gain Reclassified from Accumulated Other Comprehensive Loss into Earnings
 
Gain (Loss) Recognized in Earnings from Excluded Components(1)
Forward contracts
 
$
26.6

 
$
0.3

 
$
3.5

 
$
(0.5
)
 
$
0.2

 
$

Put options
 
(12.3
)
 

 

 

 
 

 

Call options
 
(7.6
)
 

 

 

 
 

 

Interest rate swap
 

 

 

 
(1.2
)
 
 

 

Total
 
$
6.7

 
$
0.3

 
$
3.5

 
$
(1.7
)
 
$
0.2

 
$


 
 
For the Six Months Ended June 30,
 
 
2019
 
2020
 
 
Gain (Loss) Recognized in Other Comprehensive Income
 
Gain Reclassified from Accumulated Other Comprehensive Loss into Earnings
 
Gain Recognized in Earnings from Excluded Components(1)
 
Gain (Loss) Recognized in Other Comprehensive Income
 
Gain Reclassified from Accumulated Other Comprehensive Loss into Earnings
 
Gain Recognized in Earnings from Excluded Components(1)
Forward contracts
 
$
9.8

 
$
0.2

 
$
7.0

 
$
64.5

 
$
0.3

 
$
2.8

Put options
 
5.6

 

 

 
(47.7
)
 
 

 

Call options
 
(15.1
)
 

 

 
(1.3
)
 
 

 

Interest rate swap
 

 

 

 
(2.0
)
 
 

 

Total
 
$
0.3

 
$
0.2

 
$
7.0

 
$
13.5

 
$
0.3

 
$
2.8

___________________________

(1) 
The excluded components of the forward contracts were recognized in earnings on a straight-line basis over the respective period of the contracts as a reduction to Interest expense on the Consolidated Statements of Income.