FINANCIAL INSTRUMENTS AND FAIR VALUE (Tables)

12 Months Ended

Dec. 31, 2019

Derivatives and Fair Value [Abstract]

Schedule of Carrying Values and Fair Values of Liabilities

A summary of the carrying values and fair values of our 6.0% Notes and our mortgage notes payable is as follows: 

	As of December 31,
	2019		2018
	(In millions)
Carrying Value:
6.0% Senior Subordinated Notes due 2024	$	598.8	$	606.0
Mortgage notes payable (a)	323.4		307.0
Total carrying value	$	922.2	$	913.0
Fair Value:
6.0% Senior Subordinated Notes due 2024	$	619.5	$	570.0
Mortgage notes payable (a)	364.2		306.7
Total fair value	$	983.7	$	876.7

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(a) Excludes amounts classified as Liabilities associated with assets held for sale.

Schedule of Derivative Instruments Fair Value

The following table provides information regarding the fair value of our interest rate swap agreements and the impact on the Consolidated Balance Sheets:

	As of December 31,
	2019		2018
	(In millions)
Other current liabilities/(assets)	$	0.9	$	(0.2	)
Other long-term liabilities/(assets)	2.9		(0.4		)
Total fair value	$	3.8	$	(0.6	)

Schedule of Derivative Instruments Effect on Accumulated Other Comprehensive Income

Information about the effects of our interest rate swap agreements on the accompanying Consolidated Statements of Income and Consolidated Statements of Comprehensive Income, are as follows (in millions):

For the Year Ended December 31,	Results Recognized in Accumulated Other Comprehensive Loss (Effective Portion)			Location of Results Reclassified from Accumulated Other Comprehensive Loss  to Earnings	Results Reclassified from Accumulated Other Comprehensive Loss  to Earnings
2019	$	(4.4	)	Other interest expense, net	$	—
2018	$	1.8		Swap interest expense	$	(0.5	)
2017	$	(0.1	)	Swap interest expense	$	(2.0	)