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Derivatives (Tables) | 6 Months Ended
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Jun. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Fair Value of Asset and Liability Derivatives and the Respective Balance Sheet Locations | The following table presents the fair value of asset and liability derivatives and the respective balance sheet locations at June 30, 2018 ($ in millions):
| Asset Derivatives |  | Liability Derivatives
| Balance Sheet Location |  | Fair Value |  | Balance Sheet Location |  | Fair Value
Derivatives designated as hedges: |  |  |  |  |  |  |
Foreign exchange contracts | Accounts receivable, net |  | $ | 2.7 |  |  | Accrued expenses |  | $ | 2.5 |
Foreign exchange contracts | Other assets |  | — |  |  | Other liabilities |  | 12.2 |
Interest rate contracts | Other assets |  | 4.4 |  |  | Other liabilities |  | — |
Total derivatives designated as hedges |  |  | 7.1 |  |  |  |  | 14.7 |
Derivatives not designated as hedges: |  |  |  |  |  |  |
Foreign exchange contracts | Accounts receivable, net |  | 0.3 |  |  | Accounts payable |  | — |
Total derivatives not designated as hedges |  |  | 0.3 |  |  |  |  | — |
Total derivatives |  |  | $ | 7.4 |  |  |  |  | $ | 14.7 |
The following table presents the fair value of asset and liability derivatives and the respective balance sheet locations at December 31, 2017 ($ in millions):
| Asset Derivatives |  | Liability Derivatives
| Balance Sheet Location |  | Fair Value |  | Balance Sheet Location |  | Fair Value
Derivatives designated as hedges: |  |  |  |  |  |  |
Foreign exchange contracts | Accounts receivable, net |  | $ | 4.7 |  |  | Accrued expenses |  | $ | 0.2 |
Foreign exchange contracts | Other assets |  | — |  |  | Other liabilities |  | 14.2 |
Interest rate contracts | Other assets |  | 2.0 |  |  | Other liabilities |  | — |
Total derivatives designated as hedges |  |  | 6.7 |  |  |  |  | 14.4 |
Derivatives not designated as hedges: |  |  |  |  |  |  |
Foreign exchange contracts | Accounts receivable, net |  | 0.1 |  |  | Accounts payable |  | — |
Total derivatives not designated as hedges |  |  | 0.1 |  |  |  |  | — |
Total derivatives |  |  | $ | 6.8 |  |  |  |  | $ | 14.4 |
Effect on Accumulated Other Comprehensive Income (Loss) and Results of Operations of Derivative Instruments in Cash Flow Hedging Relationships | The following table provides the gross effect that derivative instruments in cash flow hedging relationships had on accumulated other comprehensive income (loss), or AOCI, and results of operations ($ in millions):
Derivatives Designated as Cash Flow Hedging Relationships |  | Unrealized Gain (Loss) Recognized in AOCI on Derivatives, Net of Tax |  | Location of Gain (Loss) Reclassified from AOCI |  | Gain (Loss) Reclassified from AOCI
|  | Three Months Ended |  | Six Months Ended |  |  |  | Three Months Ended |  | Six Months Ended
|  | June 30, |  | June 30, |  |  |  | June 30, |  | June 30,
|  | 2018 |  | 2017 |  | 2018 |  | 2017 |  |  |  | 2018 |  | 2017 |  | 2018 |  | 2017
Foreign exchange contracts |  | $ | (3.1 | ) |  | $ | (0.4 | ) |  | $ | (2.7 | ) |  | $ | 1.5 |  |  | Net sales |  | $ | 0.1 |  |  | $ | (0.1 | ) |  | $ | 0.7 |  |  | $ | (0.1 | )
Foreign exchange contracts |  | 0.1 |  |  | (2.8 | ) |  | — |  |  | (3.3 | ) |  | Other income, net |  | 0.2 |  |  | 1.0 |  |  | — |  |  | 1.2 |
Interest rate contracts |  | 0.8 |  |  | (0.5 | ) |  | 3.0 |  |  | (0.8 | ) |  | Interest expense |  | 0.5 |  |  | (0.3 | ) |  | 0.9 |  |  | (0.7 | )
Total |  | $ | (2.2 | ) |  | $ | (3.7 | ) |  | $ | 0.3 |  |  | $ | (2.6 | ) |  |  |  | $ | 0.8 |  |  | $ | 0.6 |  |  | $ | 1.6 |  |  | $ | 0.4 |
Effect on Net Income of Derivative Instruments Non Designated as Hedging | The following table provides the effect that derivative instruments not designated as cash flow hedging instruments had on net income ($ in millions):
Derivatives Not Designated as Cash Flow Hedging Instruments |  | Location of Gain (Loss) Recognized in Income |  | Amount of Gain (Loss) Recognized in Income
|  |  |  | Three Months Ended |  | Six Months Ended
|  |  |  | June 30, 2018 |  | June 30, 2017 |  | June 30, 2018 |  | June 30, 2017
Foreign exchange contracts |  | Other income, net |  | $ | (2.6 | ) |  | $ | (0.3 | ) |  | $ | (2.1 | ) |  | $ | (1.4 | )

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