Fair Value Measurement of Assets and Liabilities (Tables)

9 Months Ended

Sep. 30, 2015

The following assets and liabilities are recorded at fair value on a recurring basis (in millions):


	As of September 30, 2015
	Recorded Balance		Fair Value Measurements at Reporting Date Using:
Description	Recorded Balance		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets
Available-for-sale securities
Corporate debt securities	$	372.2	$	—	$	372.2	$	—
U.S. government and agency debt securities		66.9		—		66.9		—
Commercial paper		11.5		—		11.5		—
Certificates of deposit		15.9		—		15.9		—

Total available-for-sale securities		466.5		—		466.5		—
Derivatives, current and long-term
Foreign currency forward contracts and options		114.7		—		114.7		—
Interest rate swaps		34.0		—		34.0		—

	$	615.2	$	—	$	615.2	$	—

Liabilities
Derivatives, current and long-term
Foreign currency forward contracts and options	$	1.8	$	—	$	1.8	$	—


	As of December 31, 2014
	Recorded Balance		Fair Value Measurements at Reporting Date Using:
Description	Recorded Balance		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets
Available-for-sale securities
Corporate debt securities	$	516.5	$	—	$	516.5	$	—
U.S. government and agency debt securities		194.3		—		194.3		—
Commercial paper		57.8		—		57.8		—
Certificates of deposit		100.3		—		100.3		—

Total available-for-sale securities		868.9		—		868.9		—
Derivatives, current and long-term
Foreign currency forward contracts and options		125.5		—		125.5		—
Interest rate swaps		24.0		—		24.0		—

	$	1,018.4	$	—	$	1,018.4	$	—

Liabilities
Derivatives, current and long-term
Foreign currency forward contracts and options	$	1.7	$	—	$	1.7	$	—
Forward starting interest rate swaps		59.3		—		59.3		—

	$	61.0	$	—	$	61.0	$	—