Derivatives and Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Recorded Amounts and Estimated Fair Values of Long-term Debt and Derivative Financial Instruments

The recorded amounts and estimated fair values of total debt, excluding unamortized issuance costs and discounts, were as follows:

	March 31, 2020				December 31, 2019
In millions	Recorded Amount		Fair Value		Recorded Amount		Fair Value
Variable rate debt	$	415.9	$	415.9	$	269.6	$	269.6
Fixed rate debt	800.0		842.0		800.0		863.5
Total debt	$	1,215.9	$	1,257.9	$	1,069.6	$	1,133.1

Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

Financial assets and liabilities measured at fair value on a recurring basis were as follows:

Recurring fair value measurements	March 31, 2020
In millions	Level 1		Level 2		Level 3		NAV		Total
Foreign currency contract liabilities	$	—	$	(0.2)	$	—	$	—	$	(0.2)
Foreign currency contract assets	—		21.0		—		—		21.0
Deferred compensation plan assets	9.8		—		—		4.0		13.8
Total recurring fair value measurements	$	9.8	$	20.8	$	—	$	4.0	$	34.6

Recurring fair value measurements	December 31, 2019
In millions	Level 1		Level 2		Level 3		NAV		Total
Foreign currency contract liabilities	$	—	$	(3.4)	$	—	$	—	$	(3.4)
Foreign currency contract assets	—		7.6		—		—		7.6
Deferred compensation plan assets	12.8		—		—		4.5		17.3
Total recurring fair value measurements	$	12.8	$	4.2	$	—	$	4.5	$	21.5