XML 128 R46.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Financial Instruments (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019 | Dec. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract] |  |
Schedule of Activity Related to Cash Flow Hedges Recorded in Accumulated Other Comprehensive Loss | The following activity related to cash flow hedges was recorded in Accumulated other comprehensive loss as of December 31:
| Accumulated Unrealized Derivative
| Gains (Losses)
| 2019 |  | 2018
(in millions) | Pretax |  | After-tax |  | Pretax |  | After-tax
Beginning balance | $ | 6.2 |  |  | $ | (1.9 | ) |  | $ | (7.8 | ) |  | $ | (11.8 | )
Net change in value of outstanding hedges | 5.1 |  |  | 3.6 |  |  | 10.6 |  |  | 7.3 |
Net amount recognized into earnings | (10.2 | ) |  | (7.2 | ) |  | 3.4 |  |  | 2.6 |
Ending balance | $ | 1.1 |  |  | $ | (5.5 | ) |  | $ | 6.2 |  |  | $ | (1.9 | )
Fair Values Of Derivative Instruments |  | As of December 31, 2019 and December 31, 2018, the fair values of the Company’s derivative instruments were:
(in millions) |  |  |  |  |  |  |  |
|  | Derivative Assets |  | Derivative Liabilities
Instrument |  | Balance Sheet Location |  | Fair Value |  | Balance Sheet Location |  | Fair Value
|  |  |  | 2019 |  | 2018 |  |  |  | 2019 |  | 2018
Derivatives Designated as Cash Flow Hedges |  |  |  |  |  |  |  |  |  |
Foreign exchange contracts |  | Prepaid expenses and other |  | $ | 4.1 |  |  | $ | 6.8 |  |  | Accrued expenses |  | $ | 2.3 |  |  | $ | 0.3 |
Derivatives Designated as Fair Value Hedges |  |  |  |  |  |  |  |  |  |
Interest rate contracts |  | Prepaid expenses and other |  | — |  |  | — |  |  | Accrued expenses |  | $ | — |  |  | $ | 0.1 |
Interest rate contracts |  | Other long-term assets |  | — |  |  | — |  |  | Other long-term liabilities |  | — |  |  | 1.8 |
Total |  |  |  | $ | — |  |  | $ | — |  |  |  |  | $ | — |  |  | $ | 1.9 |
Other Hedging Activity |  |  |  |  |  |  |  |  |  |
Foreign exchange contracts |  | Prepaid expenses and other |  | $ | 0.1 |  |  | $ | 0.8 |  |  | Accrued expenses |  | $ | 0.9 |  |  | $ | 0.0 |
Effect of Derivative Instruments on the Consolidated Statement of Operations |  | The effect of derivative instruments on the Consolidated Statements of Operations for the year s ended December 31, 2019 and December 31, 2018 was:
(in millions) |  |  |  |  |  |  |  |  |  |
Derivatives Designated as Cash Flow Hedging Instruments |  | Amount of Gain (Loss) on Derivatives Recognized in Accumulated Other Comprehensive Loss (Effective Portion) |  | Location of Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Earnings (Effective Portion) |  | Amount of Gain/Loss Reclassified from Accumulated Other Comprehensive Loss into Earnings (Effective Portion)
|  | 2019 |  | 2018 |  |  |  | 2019 |  | 2018
Interest rate contracts |  | $ | — |  |  | $ | — |  |  | Interest expense |  | $ | (0.6 | ) |  | $ | (0.9 | )
Foreign exchange contracts |  | 5.1 |  |  | 10.6 |  |  | Cost of sales |  | 10.8 |  |  | (2.5 | )
Total |  | $ | 5.1 |  |  | $ | 10.6 |  |  |  |  | $ | 10.2 |  |  | $ | (3.4 | )
Derivatives Designated as Fair Value Hedging Instruments |  | Location of Gain (Loss) on Derivatives Recognized in Earnings |  | Amount of Gain (Loss) on Derivatives Recognized in Earnings
|  |  |  | 2019 |  | 2018
Interest rate contracts |  | Interest expense |  | $ | 0.1 |  |  | $ | (0.0 | )
Other Hedging Activity |  | Location of Gain (Loss) on Derivatives Recognized in Earnings |  | Amount of Gain (Loss) on Derivatives Recognized in Earnings
|  |  |  | 2019 |  | 2018
Foreign exchange contracts |  | Cost of sales |  | $ | 2.4 |  |  | $ | 7.9 |
Foreign exchange contracts |  | Other expense, net |  | (1.3 | ) |  | 1.5 |
Total |  |  |  | $ | 1.1 |  |  | $ | 9.4 |

X
- References No definition available. + Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of gain (loss) on derivative and nonderivative instruments designated and qualifying as cash flow hedge recorded in accumulated other comprehensive income (AOCI) and reclassified into earnings. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfCashFlowHedgesIncludedInAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4E -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624181-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5618551-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624163-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration