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Fair Value of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2017
Fair Value Disclosures [Abstract]  
Fair Value By Balance Sheet Grouping
The estimated fair value of financial instruments at June 30, 2017 was as follows: 
 
 
 
Fair Value Measurements at Reporting Date Using
(In millions)
Total
Carrying
Amount
 
Total
Estimated
Fair Value
 
Quoted Prices in
Active Markets for
Identical Assets(Level 1)
 
Significant
Observable
Inputs
(Level 2)
Cash and cash equivalents
$
154.6

 
$
154.6

 
$
154.6

 
$

Derivative financial instruments:
 
 
 
 
 
 
 
Assets
3.0

 
3.0

 

 
3.0

Liabilities
20.8

 
20.8

 

 
20.8

Debt (a)
1,960.1

 
2,122.1

 
1,949.5

 
172.6


The estimated fair value of financial instruments at December 31, 2016 was as follows:
 
 
 
 
Fair Value Measurements at Reporting Date Using
(In millions)
Total
Carrying
Amount
 
Total
Estimated
Fair Value
 
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
 
Significant
Observable
Inputs
(Level 2)
Cash and cash equivalents
$
229.6

 
$
229.6

 
$
229.6

 
$

Derivative financial instruments:
 
 
 
 
 
 
 
Assets
9.1

 
9.1

 

 
9.1

Liabilities
18.7

 
18.7

 

 
18.7

Debt (a)
1,894.1

 
1,975.0

 
1,868.4

 
106.6


(a)
The total carrying amount for debt excludes debt issuance costs related to the recognized debt liability which is presented in the consolidated balance sheet as a direct reduction from the carrying amount of the debt liability.