Fair Value of Assets and Liabilities (Tables)

3 Months Ended

Mar. 31, 2016

Fair Value Disclosures [Abstract]

Summary of Assets and Liabilities Recorded at Fair Market Value

Assets and liabilities subject to fair value measurement are as follows:

	March 31, 2016						December 31, 2015
			Fair Value Measurements Using						Fair Value Measurements Using
	Fair Value		Level 1		Level 2		Fair Value		Level 1		Level 2
Assets
Short-term investments
Certificates of deposit	$	49.7	$	49.7	$	—	$	39.9	$	39.9	$	—
Restricted cash	116.1		116.1		—		—		—		—
Assets held in rabbi trusts	8.1		8.1		—		9.3		9.3		—
Foreign exchange forward contracts	4.9		—		4.9		3.5		—		3.5
Foreign currency option contracts	43.5		—		43.5		7.0		—		7.0
Total	$	222.3	$	173.9	$	48.4	$	59.7	$	49.2	$	10.5
Liabilities
Deferred compensation	$	8.1	$	8.1	$	—	$	9.3	$	9.3	$	—
Foreign exchange forward contracts	7.5		—		7.5		1.5		—		1.5
Total	$	15.6	$	8.1	$	7.5	$	10.8	$	9.3	$	1.5

Fair value and carrying value of the Company's debt instruments

The fair value and carrying value of the Company’s debt instruments are summarized as follows:

	March 31, 2016				December 31, 2015
	Fair Value		Carrying Value		Fair Value		Carrying Value
Notes payable	$	103.7	$	103.7	$	32.0	$	32.0
Long-term debt	428.9		428.9		613.0		606.2
Total debt instruments	$	532.6	$	532.6	$	645.0	$	638.2