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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
12 Months Ended
Dec. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of fair value of derivative instruments designated as hedging instruments that are reported in the Consolidated Balance Sheet
The following table provides the location and fair value amounts of derivative instruments designated and not designated as hedging instruments that are reported in the Consolidated Balance Sheet (in millions):
 
 
December 31,
2017
 
December 31,
2016
Asset Derivatives
Balance Sheet Account
Derivatives designated as hedges
Derivatives not designated as hedges
 
Derivatives designated as hedges
Derivatives not designated as hedges
Foreign exchange contracts
Other current assets
$
5.8

$
0.3

 
$
4.2

$
2.6

Cross currency swap
Other current assets
0.7


 


Debt conversion feature
Other assets

1.5

 

1.1

Total asset derivatives
 
$
6.5

$
1.8

 
$
4.2

$
3.7

Liability Derivatives
 
 

 

 
 
 
Foreign exchange contracts
Other current liabilities
$
(1.6
)
$

 
$
(6.8
)
$
(1.2
)
Cross currency swap
Other non-current liabilities
(5.3
)

 


Total liability derivatives
 
$
(6.9
)
$

 
$
(6.8
)
$
(1.2
)
Total Derivatives
 
$
(0.4
)
$
1.8

 
$
(2.6
)
$
2.5

Schedule of derivative instruments that are designated as hedges in the Consolidated Statement of Income and Accumulated other comprehensive income (loss) ("OCI")
The following tables provide the effect of derivative instruments that are designated as hedges in the Consolidated Statement of Income (Loss), Consolidated Statement of Comprehensive Income (Loss) and AOCI (in millions):
Gain (Loss) Recognized on Derivatives in AOCI, net of tax:
Year Ended
December 31,
Cash Flow Derivatives
 
2017
 
2016
 
2015
Foreign exchange contracts
 
$
5.4

 
$
(4.5
)
 
$
2.8

Cross currency swap
 
(0.9
)
 

 

Interest rate swap
 

 
(0.2
)
 
0.2

Total
 
$
4.5

 
$
(4.7
)
 
$
3.0

 
 
 
 
 
 
 
Gain (Loss) Reclassified from AOCI into Income (Loss) (Effective):
Year Ended
December 31,
Account
 
2017
 
2016
 
2015
Cost of goods sold
 
$
2.4

 
$
(2.0
)
 
$
1.6

Other income (expense) – net
(3.1
)
 

 

Total
 
$
(0.7
)
 
$
(2.0
)
 
$
1.6

 
 
 
 
 
 
 
Gain (Loss) Recognized on Derivatives (Ineffective) in Income (Loss):
Year Ended
December 31,
Account
 
2017
 
2016
 
2015
Cost of goods sold
 
$
2.1

 
$
1.0

 
$
2.3

Other income (expense) – net
(0.1
)
 

 
(0.1
)
Total
 
$
2.0

 
$
1.0

 
$
2.2

Schedule of derivative instruments that are not designated as hedges in the Consolidated Statement of Income and OCI
The following table provides the effect of non-designated derivatives outstanding at the end of the period in the Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) (in millions):
Gain (Loss) Recognized in Income on Derivatives not designated as hedges:
Year Ended
December 31,
Account
2017
 
2016
 
2015
Other income (expense) – net
$
(0.7
)
 
$
0.9

 
$
(3.4
)