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Fair Value of Assets and Liabilities (Tables)
12 Months Ended
Dec. 31, 2019
Fair Value Disclosures [Abstract]  
Summary of Assets and Liabilities Recorded at Fair Market Value
Assets and liabilities subject to fair value measurement by fair value level and recorded at fair value are as follows:
 
Classification on consolidated balance sheets
 
December 31, 2019
 
December 31, 2018
 
 
Fair Value
 
Level 1
 
Level 2
 
Fair Value
 
Level 1
 
Level 2
Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
Certificates of deposit
Short-term investments
 
$
10.0

 
$
10.0

 
$
—

 
$
33.5

 
$
33.5

 
$
—

Assets held in rabbi trusts
Securities and other investments
 
6.2

 
6.2

 
—

 
6.3

 
6.3

 
—

Foreign exchange forward contracts
Other current assets
 
2.9

 
—

 
2.9

 
3.4

 
—

 
3.4

Interest rate swaps
Other current assets
 
1.7

 
—

 
1.7

 
5.3

 
—

 
5.3

Interest rate swaps
Securities and other investments
 
0.1

 
—

 
0.1

 
4.8

 
—

 
4.8

Total
 
 
$
20.9

 
$
16.2

 
$
4.7

 
$
53.3

 
$
39.8

 
$
13.5

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
Foreign exchange forward contracts
Other current liabilities
 
$
2.9

 
$
—

 
$
2.9

 
$
3.1

 
$
—

 
$
3.1

Interest rate swaps
Other current liabilities
 
2.3

 
—

 
2.3

 
3.6

 
—

 
3.6

Deferred compensation
Other liabilities
 
6.2

 
6.2

 
—

 
6.3

 
6.3

 
—

Total
 
 
$
11.4

 
$
6.2

 
$
5.2

 
$
13.0

 
$
6.3

 
$
6.7


Fair value and carrying value of the Company's debt instruments
 
December 31, 2019
 
December 31, 2018
 
Fair Value
 
Carrying Value
 
Fair Value
 
Carrying Value
2024 Senior Notes
$
387.0

 
$
400.0

 
$
242.0

 
$
400.0