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Fair Value Accounting (Tables)
6 Months Ended
Jun. 30, 2019
Fair Value Disclosures [Abstract]  
Assets and liabilities measured at fair value on recurring basis
Assets and liabilities measured at fair value on a recurring basis are summarized below:
 
Fair Value Measurement as of June 30, 2019
 
Level 1
 
Level 2
 
Level 3
 
Total
 
(in millions)
Assets:
 
 
 
 
 
 
 
Cash equivalents
$
50.0

 
$
—

 
$
—

 
$
50.0

Total assets
$
50.0

 
$
—

 
$
—

 
$
50.0

 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
Interest rate hedge(1)
$
—

 
$
4.6

 
$
—

 
$
4.6

Contingent consideration(2)
$
—

 
$
—

 
$
5.2

 
$
5.2

Total liabilities
$
—

 
$
4.6

 
$
5.2

 
$
9.8

 
 
 
 
 
 
 
 
 
Fair Value Measurement as of December 31, 2018
 
Level 1
 
Level 2
 
Level 3
 
Total
 
(in millions)
Assets:
 
 
 
 
 
 
 
Cash equivalents
$
30.0

 
$
—

 
$
—

 
$
30.0

Total assets
$
30.0

 
$
—

 
$
—

 
$
30.0

 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
Interest rate hedge(1)
$
—

 
$
1.2

 
$
—

 
$
1.2

Total liabilities
$
—

 
$
1.2

 
$
—

 
$
1.2

(1) Included in other liabilities on the Consolidated Balance Sheets.
(2) Current portion included in accrued liabilities and non-current portion included in other liabilities on the Consolidated Balance Sheets.