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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2019
Accounting Policies [Abstract]  
Schedule of the carrying value and fair value of the Company's debt The following table presents the carrying value and the fair value of the Company's debt.

 
 
12/31/2019
 
12/31/2018
 
 
Carrying
Value
 
Fair
Value (a)
 
Carrying
Value
 
Fair
Value (a)
2021 Senior Notes (5.25% fixed rate)
 
$
175.0

 
$
174.3

 
$
175.0

 
$
170.5

Global Revolving Credit Facilities (variable rates)
 
21.6

 
21.6

 
57.9

 
57.9

Second German Loan Agreement (2.5% fixed rate)
 
3.5

 
3.6

 
4.8

 
5.1

Third German Loan Agreement (1.45% fixed rate)
 
3.7

 
3.7

 
4.9

 
4.9

Total debt
 
$
203.8

 
$
203.2

 
$
242.6

 
$
238.4

_______________________

(a)
Fair value for all debt instruments was estimated from Level 2 measurements
Schedule of level 3 defined benefit pension plan assets measured at fair value
The following table summarizes the changes in Level 3 defined benefit pension plan assets (Neenah Coldenhove insurance contract) measured at fair value on a recurring basis for the year ended December 31, 2019 and 2018:
 
 
 
 
Return on plan assets
 
 
 
 
Fair Value at January 1
 
Attributable to Assets Held at December 31
 
Attributable to Assets Sold
 
Net Purchases/ (Settlements)
 
Transfers into/ (out of) Level 3
 
Foreign currency effects
 
Fair
Value at December 31
For the year ended December 31, 2017
 
$
—

 
0.2

 
—

 
46.9

 
—

 
1.3

 
$
48.4

For the year ended December 31, 2018
 
$
48.4

 
(0.9
)
 
—

 
(0.3
)
 
—

 
(2.1
)
 
$
45.1

For the year ended December 31, 2019
 
$
45.1

 
7.5

 
—

 
(0.2
)
 
—

 
(0.9
)
 
$
51.5