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Derivative Financial Instruments (Tables) | 6 Months Ended
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Jun. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Change in Fair Value of Foreign Currency Forward Exchange Contracts Under Hedge Designations | The change in fair value of our foreign currency forward exchange contracts under hedge designations recorded net of tax within accumulated other comprehensive income (loss) for the quarters and six months ended June 30, 2023 and June 30, 2022 was as follows:
|  | Quarter Ended June 30, |  |  | Six Months Ended June 30, |
(In millions) |  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Unrealized losses at beginning of period, net of tax |  | $ | (4.8 | ) |  | $ | (8.0 | ) |  | $ | (10.5 | ) |  | $ | (3.5 | )
Losses reclassified to net sales |  |  | 2.0 |  |  |  | 2.8 |  |  |  | 4.7 |  |  |  | 3.1 |
Increase (decrease) in fair value |  |  | 3.2 |  |  |  | (16.5 | ) |  |  | 6.2 |  |  |  | (21.3 | )
Unrealized gains (losses) at end of period, net of tax |  | $ | 0.4 |  |  | $ | (21.7 | ) |  | $ | 0.4 |  |  | $ | (21.7 | )
Schedule of Fair Values of Outstanding Financial Instruments | The fair values of outstanding derivative financial instruments as of June 30, 2023 and December 31, 2022 were as follows:
| Prepaid and Other Current Assets |  | Other Assets |  | Current Liabilities |  | Non-Current Liabilities |
(In millions) | June 30, 2023 |  | December 31, 2022 |  | June 30, 2023 |  | December 31, 2022 |  | June 30, 2023 |  | December 31, 2022 |  | June 30, 2023 |  | December 31, 2022 |
Derivative Products |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency forward exchange contracts | $ | 3.7 |  | $ | 1.9 |  | $ | 4.8 |  | $ | 3.4 |  | $ | 7.0 |  | $ | 14.1 |  | $ | 0.9 |  | $ | 5.3 |
Undesignated hedges |  | - |  |  | - |  |  | - |  |  | - |  |  | 0.8 |  |  | 0.7 |  |  | - |  |  | - |
Commodity swaps |  | 0.1 |  |  | 0.5 |  |  | - |  |  | - |  |  | 5.9 |  |  | 7.2 |  |  | 0.8 |  |  | 1.4 |
Cross currency and interest rate swap |  | 5.6 |  |  | 6.2 |  |  | 8.0 |  |  | 10.1 |  |  | - |  |  | - |  |  | - |  |  | - |
Total Derivative Products | $ | 9.4 |  | $ | 8.6 |  | $ | 12.8 |  | $ | 13.5 |  | $ | 13.7 |  | $ | 22.0 |  | $ | 1.7 |  | $ | 6.7 |

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