DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

6 Months Ended

Jun. 30, 2018

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 Condensed Consolidated Balance Sheet (in millions):



		June 30, 2018						December 31, 2017
	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	$	2.8		$	0.1		$	5.8		$	0.3
Cross currency swap	Other current assets	0.8			—			0.7			—
Debt conversion feature	Other assets	—			2.2			—			1.5
Foreign exchange contracts	Other current liabilities	(6.7		)	(0.1		)	(1.6		)	—
Cross currency swap	Other non-current liabilities	(4.7		)	—			(5.3		)	—
Net derivative asset (liability)		$	(7.8	)	$	2.2		$	(0.4	)	$	1.8

Schedule of derivative instruments that are designated as hedges in the Consolidated Statement of Comprehensive Income

The following tables provide the effect of derivative instruments that are designated as hedges in the Condensed Consolidated Statement of Comprehensive Income (Loss) and AOCI (in millions):



Gain (Loss) Recognized on Derivatives in AOCI, net of tax:	Three Months Ended June 30,						Six Months Ended June 30,
Cash Flow Derivatives	2018			2017			2018			2017
Foreign exchange contracts	$	(6.3	)	$	4.4		$	(6.8	)	$	5.5
Cross currency swap	0.3			—			(0.5		)	—
Total	$	(6.0	)	$	4.4		$	(7.3	)	$	5.5
Gain (Loss) Reclassified from AOCI into Income (Effective):	Three Months Ended June 30,						Six Months Ended June 30,
Account	2018			2017			2018			2017
Cost of goods sold	$	0.4		$	(0.8	)	$	2.6		$	(2.8	)
Other income (expense) – net	2.6			(0.7		)	1.3			(0.7		)
Total	$	3.0		$	(1.5	)	$	3.9		$	(3.5	)
Gain (Loss) Recognized on Derivatives (Ineffective) in Income :	Three Months Ended June 30,						Six Months Ended June 30,
Account	2018			2017			2018			2017
Cost of goods sold	$	0.5		$	0.4		$	1.5		$	0.8
Other income (expense) – net	(0.6		)	(0.3		)	0.1			(0.1		)
Total	$	(0.1	)	$	0.1		$	1.6		$	0.7

Schedule of fair value of derivative instruments not designated as hedging instruments that are reported in the Consolidated Statement of Comprehensive Income and Balance Sheet

Derivatives not designated as hedges are used to offset foreign exchange gains or losses resulting from the underlying exposures of foreign currency denominated assets and liabilities. The following table provides the effect of non-designated derivatives outstanding at the end of the period in the Condensed Consolidated Statement of Comprehensive Income (Loss) (in millions):



Gain (Loss) Recognized in Income on Derivatives not designated as hedges:	Three Months Ended June 30,					Six Months Ended June 30,
Account	2018		2017			2018		2017
Other income (expense) – net	$	0.4	$	(1.5	)	$	0.5	$	(2.3	)