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Fair Value of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2015
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Assets and Liabilities Measured on Recurring Basis
Financial assets and financial liabilities measured at fair value on a recurring basis are as follows:


As of December 31, 2015
 
As of December 31, 2014
(In millions)
Total
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Level 1
 
Level 2
 
Level 3
Assets:

 

 

 

 

 

 

 

Investments
$
8.9

 
$
8.9

 
$

 
$

 
$
10.7

 
$
10.7

 
$

 
$

Derivatives
7.0

 

 
7.0

 

 
9.1

 

 
9.1

 

Total assets
$
15.9

 
$
8.9

 
$
7.0

 
$

 
$
19.8

 
$
10.7

 
$
9.1

 
$



 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

Derivatives
$
2.9

 
$

 
$
2.9

 
$

 
$
3.9

 
$

 
$
3.9

 
$

Contingent Consideration
3.0

 

 

 
3.0

 

 

 

 

Total liabilities
$
5.9

 
$

 
$
2.9

 
$
3.0

 
$
3.9

 
$

 
$
3.9

 
$

Schedule of Long-term Debt Instruments
The carrying values and the estimated fair values of our debt financial instruments as of December 31 are as follows:

 
2015
 
2014
 
(In millions)
Carrying
Value
 
Estimated
Fair Value
 
Carrying
Value
 
Estimated
Fair Value
 
Senior unsecured notes due July 31, 2015
$

 
$

 
$
75.0

 
$
77.6

 
Revolving credit facility, expires February 10, 2020
279.4

 
279.4

 
94.3

 
94.3

 
Brazilian loan due April 15, 2016
0.3

 
0.3

 
2.0

 
1.8

 
Brazilian loan due October 16, 2017
2.7

 
2.4

 
4.3

 
3.7

 
Foreign credit facilities

 

 
2.3

 
2.3

 
Other
0.3

 
0.3

 
0.1

 
0.1