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Derivatives and Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2018

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments

The contract totals in GBP sterling and euros, range of maturity dates and range of exchange rates are disclosed below, with the value denominated in GBP sterling given that is the currency the majority of the contracts are held in.

10.    Derivatives and Financial Instruments (continued)

Fair value of financial instruments (continued)

		December 31, 2018
	Sales hedges	U.S. dollars			Euros
	Contract totals/£m	4.8			7.2
	Maturity dates	01/19 to 07/19			01/19 to 07/19
	Exchange rates	$1.2519 to $1.3419			€1.0949 to €1.1702

Purchase hedges

U.S. dollars

Euros

Canadian dollars

Czech koruna

Contract totals/£m

7.5

1.7

2.9

0.1

Maturity dates

01/19 to 07/19

01/19 to 06/19

01/19 to 03/19

01/19

Exchange rates

$1.2609 to $1.3380

€1.1074 to €1.1221

$1.7039 to $1.7416

CZK 28.4490

		December 31, 2017
	Sales hedges	U.S. dollars			Euros			Australian dollars
	Contract totals/£m	17.1			27.5			2.8
	Maturity dates	01/18 to 07/19			01/18 to 07/19			06/18
	Exchange rates	$1.2433 to $1.3444			€1.0949 to €1.1803			$1.7667

	Purchase hedges	U.S. dollars			Euros			Australian dollars
	Contract totals/£m	12.5			0.1			1.7
	Maturity dates	01/18 to 07/19			01/18			06/18
	Exchange rates	$1.2414 to $1.3389			€1.1084			1.7161

Schedule of fair values of the financial instruments

The fair values of the financial instruments of the Group at December 31, 2018, were analyzed using the hierarchy as follows:

	In millions	Total				Level 1				Level 2				Level 3
	Derivative financial assets:
	Foreign currency contract assets	$	0.1			$	—			$	0.1			$	—
	Interest bearing loans and borrowings:
	Loan Notes due 2021	(24.8		)		—				(24.8		)		—
	Loan Notes due 2023	(25.9		)		—				(25.9		)		—
	Loan Notes due 2026	(26.4		)		—				(26.4		)		—
	Other financial liabilities:
	Deferred contingent consideration	(0.9		)		—				—				(0.9		)

Schedule of changes in Level 3 instruments

The following table presents the changes in Level 3 instruments for the year ended December 31, 2018.

	In millions	2018
	Balance at January 1	$	1.0
	Payments made during year	(0.8		)
	Unwind of discount on deferred consideration	(0.2		)
	Remeasurement of deferred consideration (recognized in acquisition-related costs)	0.9
	Balance at December 31	$	0.9
	Total losses for the period included in profit and loss for assets held at the end at December 31	0.7
	Change in unrealized (gains) or losses for the period included in profit and loss for assets held at the end at December 31	$	0.7

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