Financial Instruments and Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2015

Schedule of carrying amounts and estimated fair values of financial instruments

The following table presents the carrying amounts and estimated fair values of our primary debt instruments (in millions):



	June 30, 2015				December 31, 2014
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
A/R Facility	$	99.0	$	99.0	$	73.0	$	73.0
Senior Credit Facility	643.5		645.5		1,268.1		1,256.5
7.25% Senior Notes	750.0		777.2		750.0		780.2
4.625% Senior Notes	556.7		541.9		—		—

Schedule of changes in recurring fair value measurements with significant unobservable inputs

The following table presents changes in recurring fair value measurements with significant unobservable inputs, which are Level 3 measurements (in millions):



	Contingent Consideration
Balance at December 31, 2014	$	11.6
Acquisitions	13.4
Changes to estimated fair value recognized as (income) loss in earnings	(0.2		)
Settlements in cash	(2.3		)
Currency translation	(0.2		)
Balance at June 30, 2015	$	22.3

Schedule of information about net investment hedging

The following table presents the balance sheet classification and fair value of the hedging instrument, a Level 2 measurement (in millions):



	Balance Sheet Classification	June 30, 2015
4.625% Senior Notes	Debt and capital lease obligations, net of current portion	$	541.9

The following table presents information about the net unrealized gain (loss) recognized in other comprehensive income as a result of net investment hedging (in millions):



	Description	Three Months Ended June 30, 2015			Six Months Ended June 30, 2015
Euro-denominated net investment in foreign operations	Hedged item	$	19.5		$	22.2
4.625% Senior Notes	Hedging instrument	(19.5		)	(22.2		)