Derivatives and Financial Instruments (Tables)

6 Months Ended

Jun. 30, 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:

	June 30, 2020				December 31, 2019
In millions	Recorded Amount		Fair Value		Recorded Amount		Fair Value
Variable rate debt	$	412.1	$	412.1	$	269.6	$	269.6
Fixed rate debt	800.0		897.6		800.0		863.5
Total debt	$	1,212.1	$	1,309.7	$	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	June 30, 2020
In millions	Level 1		Level 2		Level 3		NAV		Total
Foreign currency contract liabilities	$	—	$	(0.1)	$	—	$	—	$	(0.1)
Foreign currency contract assets	—		14.6		—		—		14.6
Deferred compensation plan assets	12.0		—		—		4.3		16.3
Total recurring fair value measurements	$	12.0	$	14.5	$	—	$	4.3	$	30.8

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