Fair Value of Assets and Liabilities (Tables)

12 Months Ended

Dec. 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:

		December 31, 2016						December 31, 2015
	Classification on consolidated balance sheets			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	Short-term investments	$	64.1	$	64.1	$	—	$	39.9	$	39.9	$	—
Foreign exchange forward contracts	Other current assets	7.2		—		7.2		3.5		—		3.5
Foreign exchange option contracts	Other current assets	—		—		—		7.0		—		7.0
Assets held in rabbi trusts	Securities and other investments	8.5		8.5		—		9.3		9.3		—
Interest rate swaps	Securities and other investments	8.4		—		8.4		—		—		—
Total		$	88.2	$	72.6	$	15.6	$	59.7	$	49.2	$	10.5
Liabilities
Foreign exchange forward contracts	Other current liabilities	$	7.7	$	—	$	7.7	$	1.5	$	—	$	1.5
Interest rate swaps	Other current liabilities	6.9		—		6.9		—		—		—
Deferred compensation	Other liabilities	8.5		8.5		—		9.3		9.3		—
Total		$	23.1	$	8.5	$	14.6	$	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:

	December 31, 2016						December 31, 2015
	Fair Value			Carrying Value			Fair Value			Carrying Value
Notes payable	$	106.9		$	106.9		$	32.0		$	32.0
Revolving credit facility	—			—			168.0			168.0
Term Loan A Facility	201.3			201.3			218.5			218.5
Term Loan B Facility - USD	787.5			787.5			—			—
Term Loan B Facility - Euro	363.5			363.5			—			—
2024 Senior Notes	426.0			400.0			—			—
2006 Senior Notes	—			—			225.0			225.0
Other	0.8			0.8			1.6			1.6
Long-term deferred financing fees	(61.7		)	(61.7		)	(6.9		)	(6.9		)
Long-term debt	1,717.4			1,691.4			606.2			606.2
Total debt instruments	$	1,824.3		$	1,798.3		$	638.2		$	638.2