Weighted-Average Contract Rate

Notional Amount

Fair Value Gain (Loss)

(in millions, except weighted-average contract rate)

As of December 31, 2018

Buy Brazilian real sell U.S. dollar

3.92

$

4.3

$

—

Buy British pound sell Euro

0.90

8.3

—

Buy British pound sell U.S. dollar

1.27

2.7

—

Buy Chinese yuan sell Euro

8.14

58.6

1.7

Buy Colombian peso sell U.S. dollar

3,313.00

1.8

—

Buy Euro sell Australian dollar

1.61

1.1

—

Buy Euro sell British pound

0.91

4.7

—

Buy Euro sell Canadian dollar

1.55

0.2

—

Buy Euro sell Chinese yuan

7.91

6.3

—

Buy Euro sell Ghanaian cedi

5.73

8.5

(0.2

)

Buy Euro sell Hong Kong dollar

8.90

1.1

—

Buy Euro sell Indonesian rupiah

16,780.97

7.3

(0.1

)

Buy Euro sell Japanese yen

128.00

0.3

—

Buy Euro sell Kazakhstani tenge

431.37

0.7

—

Buy Euro sell Malaysian ringgit

4.79

3.7

—

Buy Euro sell Mexican peso

23.48

55.0

(0.9

)

Buy Euro sell Peruvian nuevo sol

3.83

2.2

—

Buy Euro sell Philippine peso

60.58

3.9

—

Buy Euro sell Russian ruble

78.87

3.3

—

Buy Euro sell South African rand

16.55

4.6

0.1

Buy Euro sell Taiwan dollar

34.98

1.2

—

Buy Euro sell Thai baht

37.32

0.8

—

Buy Euro sell U.S. dollar

1.15

51.2

(0.1

)

Buy Euro sell Ukrainian hryvnia

32.28

2.6

—

Buy Hong Kong dollar sell Euro

9.00

3.1

—

Buy Indian rupee sell U.S. dollar

70.32

1.5

—

Buy Indonesian rupiah sell U.S. dollar

14,670.00

7.0

0.1

Buy Korean won sell U.S. dollar

1,116.38

5.0

0.1

Buy Mexican peso sell Euro

22.89

10.9

0.1

Buy Mexican peso sell U.S. dollar

19.68

0.7

—

Buy Norwegian krone sell U.S. dollar

8.69

1.2

—

Buy Philippine peso sell Euro

60.27

1.5

—

Buy Swedish krona sell U.S. dollar

8.90

1.1

—

Buy Taiwan dollar sell U.S. dollar

30.17

9.4

0.1

Buy U.S. dollar sell Brazilian real

3.85

4.4

—

Buy U.S. dollar sell British pound

1.27

1.4

—

Buy U.S. dollar sell Colombian peso

3,262.80

1.4

—

Buy U.S. dollar sell Euro

1.16

97.6

0.5

Buy U.S. dollar sell Mexican peso

22.02

4.9

0.2

Total forward contracts

$

385.5

$

1.6

Weighted-Average Contract Rate

Notional Amount

Fair Value Gain (Loss)

(in millions, except weighted-average contract rate)

As of December 31, 2017

Buy Argentine peso sell Euro

21.40

$

0.5

$

—

Buy Australian dollar sell Euro

1.55

0.9

—

Buy British pound sell Euro

0.88

3.4

(0.1

)

Buy British pound sell U.S. dollar

1.35

2.8

—

Buy Canadian dollar sell Euro

1.52

0.5

—

Buy Chilean peso sell Euro

749.55

0.6

—

Buy Chinese yuan sell Euro

8.03

25.9

0.4

Buy Euro sell Argentine peso

21.46

0.5

—

Buy Euro sell Australian dollar

1.56

4.8

(0.1

)

Buy Euro sell Canadian dollar

1.52

0.5

—

Buy Euro sell Chilean peso

749.35

1.1

—

Buy Euro sell Chinese yuan

7.84

26.5

0.2

Buy Euro sell Ghana cedi

5.61

3.0

(0.1

)

Buy Euro sell Hong Kong dollar

9.26

6.8

0.1

Buy Euro sell Indonesian rupiah

16,113.59

11.5

0.1

Buy Euro sell Japanese yen

133.88

0.4

—

Buy Euro sell Kazakhstani tenge

401.40

1.7

—

Buy Euro sell Malaysian ringgit

4.84

1.6

—

Buy Euro sell Mexican peso

22.65

59.1

3.6

Buy Euro sell Peruvian nuevo sol

3.85

4.9

—

Buy Euro sell Philippine peso

60.03

5.3

—

Buy Euro sell Russian ruble

70.38

10.8

(0.1

)

Buy Euro sell South African rand

16.37

3.8

(0.3

)

Buy Euro sell Taiwan dollar

35.59

0.6

—

Buy Euro sell Thai baht

38.33

1.3

—

Buy Euro sell U.S. dollar

1.18

59.1

0.9

Buy Hong Kong dollar sell Euro

9.31

3.0

—

Buy Indonesian rupiah sell Euro

16,164.33

4.8

—

Buy Indonesian rupiah sell U.S. dollar

13,676.00

6.2

—

Buy Kazakhstani tenge sell U.S. dollar

338.75

0.9

—

Buy Korean won sell U.S. dollar

1,077.18

5.4

0.1

Buy Malaysian ringgit sell Euro

4.90

0.5

—

Buy Mexican peso sell Euro

22.97

7.1

(0.2

)

Buy Norwegian krone sell U.S. dollar

8.26

1.2

—

Buy Peruvian nuevo sol sell Euro

3.85

2.3

—

Buy Russian ruble sell Euro

70.47

4.4

0.1

Buy South African rand sell Euro

15.18

0.9

—

Buy Swedish krona sell U.S. dollar

8.37

1.9

0.1

Buy Taiwan dollar sell U.S. dollar

29.78

5.9

0.1

Buy Thai baht sell Euro

38.69

2.2

—

Buy U.S. dollar sell British pound

1.34

6.8

(0.1

)

Buy U.S. dollar sell Colombian peso

2,996.00

1.0

—

Buy U.S. dollar sell Euro

1.15

141.1

(5.3

)

Buy U.S. dollar sell South African rand

13.93

1.9

(0.2

)

Total forward contracts

$

435.4

$

(0.8

)

Amount of (Loss) Gain Recognized in Income

Year Ended December 31,

2018

2017

2016

Location of (Loss) Gain Recognized in Income

(in millions)

Derivatives designated as hedging instruments:

Foreign exchange currency contracts relating to inventory and intercompany management fee hedges(1)

$

(2.1

)

$

(0.1

)

$

0.2

Selling, general, and administrative expenses

Derivatives not designated as hedging instruments:

Foreign exchange currency contracts

$

(4.0

)

$

(8.6

)

$

(4.3

)

Selling, general, and administrative expenses

(1)

For foreign exchange contracts designated as hedging instruments, the amounts recognized in income primarily represent the amounts excluded from the assessment of hedge effectiveness for the years ended December 31, 2018, 2017, and 2016.