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Fair Value Accounting (Tables)
12 Months Ended
Dec. 31, 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 December 31, 2019
 
Level 1
 
Level 2
 
Level 3
 
Total
 
(in millions)
Assets:
 
 
 
 
 
 
 
Cash equivalents
$
155.3

 
$

 
$

 
$
155.3

Total assets
$
155.3

 
$

 
$

 
$
155.3

 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
Interest rate hedge(1)
$

 
$
4.3

 
$

 
$
4.3

Contingent consideration(2)

 

 
6.4

 
6.4

Total liabilities
$

 
$
4.3

 
$
6.4

 
$
10.7

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