Fair Value Accounting (Tables)

3 Months Ended

Mar. 31, 2020

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 March 31, 2020
	Level 1		Level 2		Level 3		Total
	(in millions)
Assets:
Cash equivalents	$	135.0	$	—	$	—	$	135.0
Total assets	$	135.0	$	—	$	—	$	135.0
Liabilities:
Interest rate hedge(1)	$	—	$	8.4	$	—	$	8.4
Contingent consideration(2)	—		—		4.2		4.2
Total liabilities	$	—	$	8.4	$	4.2	$	12.6
	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

⁽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.