XML 59 R25.htm IDEA: XBRL DOCUMENT
v3.20.1

Derivative Instruments and Hedging Activities (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of open foreign currency contracts | At March 31, 2020 and December 31, 2019, the Company had the following open foreign currency contracts (in millions):
|  | March 31, 2020 |  | December 31, 2019
Foreign Currency |  | Notional Amounts (in U.S. Dollars) |  | Net Unrealized Gain (Loss) |  | Notional Amounts (in U.S. Dollars) |  | Net Unrealized Gain (Loss)
Australian Dollar |  | $ | 10.1 |  |  | $ | 1.0 |  |  | $ | 16.0 |  |  | $ | (0.1 | )
Canadian Dollar |  | 64.8 |  |  | 3.8 |  |  | 101.4 |  |  | (1.1 | )
Mexican Peso |  | 37.8 |  |  | (5.9 | ) |  | 17.0 |  |  | 1.1 |
Total |  | $ | 112.7 |  |  | $ | (1.1 | ) |  | $ | 134.4 |  |  | $ | (0.1 | )
Schedule of open interest rate swap contracts | At March 31, 2020 and December 31, 2019, the Company had the following open interest rate swap contracts (in millions):
|  |  |  | March 31, 2020 |  | December 31, 2019
Effective Date |  | Termination Date |  | Notional Amounts |  | Net Unrealized Gain (Loss) |  | Notional Amounts |  | Net Unrealized Gain (Loss)
May 2, 2018 |  | May 4, 2021 |  | $ | 25.0 |  |  | $ | (0.4 | ) |  | $ | 25.0 |  |  | $ | (0.1 | )
September 30, 2019 |  | September 30, 2023 |  | 150.0 |  |  | (13.3 | ) |  | 150.0 |  |  | (7.7 | )
May 3, 2019 |  | May 3, 2020 |  | 100.0 |  |  | (0.1 | ) |  | 100.0 |  |  | (0.2 | )
March 3, 2020 |  | February 28, 2023 |  | 400.0 |  |  | (6.6 | ) |  | — |  |  | — |
Total |  |  |  | $ | 675.0 |  |  | $ | (20.4 | ) |  | $ | 275.0 |  |  | $ | (8.0 | )
Schedule of carrying values of derivative instruments | The table below summarizes the carrying values of derivative instruments as of March 31, 2020 and December 31, 2019 (in millions):
| Carrying Values of Derivative Instruments as of March 31, 2020
| Fair Value— Assets |  | Fair Value— (Liabilities) |  | Derivative Net Carrying Value
Derivatives designated as hedging instruments |  |  |  |  |
Foreign exchange contracts | $ | 4.8 |  |  | $ | (5.9 | ) |  | $ | (1.1 | )
Interest rate contracts | — |  |  | (20.4 | ) |  | (20.4 | )
Total derivatives designated as hedging instruments | $ | 4.8 |  |  | $ | (26.3 | ) |  | $ | (21.5 | )
| Carrying Values of Derivative Instruments as of December 31, 2019
| Fair Value— Assets |  | Fair Value— (Liabilities) |  | Derivative Net Carrying Value
Derivatives designated as hedging instruments |  |  |  |  |
Foreign exchange contracts | $ | 1.1 |  |  | $ | (1.2 | ) |  | $ | (0.1 | )
Interest rate contracts | — |  |  | (8.0 | ) |  | (8.0 | )
Total derivatives designated as hedging instruments | $ | 1.1 |  |  | $ | (9.2 | ) |  | $ | (8.1 | )

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 the information required in the supplementary schedule applicable to management investment companies listing written option contracts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 946 -SubTopic 320 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-12B) -URI http://asc.fasb.org/extlink&oid=50485924&loc=d3e611197-123010 + Details
Name: | us-gaap_OpenOptionContractsWrittenScheduleOfInvestmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item. + 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 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5580258-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109980867&loc=d3e41620-113959 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5579245-113959 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109980867&loc=d3e41638-113959 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109980867&loc=d3e41678-113959 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=109980867&loc=d3e41641-113959 Reference 8: 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 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(n)(2)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5579240-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of interest rate derivatives, including, but not limited to, the fair value of the derivatives, statement of financial position location, and statement of financial performance location of these instruments. + 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 -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfInterestRateDerivativesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration