FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Mar. 31, 2017

FAIR VALUE MEASUREMENTS

Schedule of fair value measurement

The carrying value and fair value of the Company’s financial instruments as of March 31, 2017 and December 31, 2016 are as follows:

					Quoted Prices in		Significant		Significant
	Total				Active Markets		Observable		Unobservable
	Carrying Value		Total		(Level 1)		Inputs (Level 2)		Inputs (Level 3)
(In millions)	March 31, 2017		Fair Value Measurements at March 31, 2017
Cash and cash equivalents	$	19.5	$	19.5	$	19.5	$	—	$	—
Accounts receivable, net		197.9		197.9		—		197.9		—
CCF - cash on deposit		31.2		31.2		—		31.2		—
Variable rate debt		99.0		99.0		—		99.0		—
Fixed rate debt		681.3		674.9		—		674.9		—

(In millions)	December 31, 2016		Fair Value Measurements at December 31, 2016
Cash and cash equivalents	$	13.9	$	13.9	$	13.9	$	—	$	—
Accounts receivable, net		189.5		189.5		—		189.5		—
CCF - cash on deposit		31.2		31.2		—		31.2		—
Variable rate debt		55.0		55.0		—		55.0		—
Fixed rate debt		683.9		685.2		—		685.2		—