Fair Value (Tables)

3 Months Ended

Mar. 31, 2015

Recurring Fair Value Measures [Table Text Block]



	Fair Value as of March 31, 2015
Recurring Fair Value Measures	Level 1		Level 2		Level 3		Total
Millions
Assets:
Investments (a)
Available-for-sale – Equity Securities		$8.3	—		—			$8.3
Available-for-sale – Corporate Debt Securities	—			$11.0	—		11.0
Cash Equivalents	2.8		—		—		2.8
Total Fair Value of Assets		$11.1		$11.0	—			$22.1

Liabilities:
Deferred Compensation (b)	—			$15.4	—			$15.4
Derivatives – Interest Rate Swap (c)	—		0.2		—		0.2
U.S. Water Services Contingent Consideration (b)	—		—			$35.8	35.8
Total Fair Value of Liabilities	—			$15.6		$35.8		$51.4
Total Net Fair Value of Assets (Liabilities)		$11.1	$(4.6)		$(35.8)		$(29.3)


(a)	Included in Other Investments on the Consolidated Balance Sheet.


(b)	Included in Other Non-Current Liabilities on the Consolidated Balance Sheet.


(c)	Included in Current Liabilities - Other on the Consolidated Balance Sheet.



	Fair Value as of December 31, 2014
Recurring Fair Value Measures	Level 1		Level 2		Level 3	Total
Millions
Assets:
Investments (a)
Available-for-sale – Equity Securities		$8.1	—		—		$8.1
Available-for-sale – Corporate Debt Securities	—			$10.8	—	10.8
Cash Equivalents	2.9		—		—	2.9
Total Fair Value of Assets		$11.0		$10.8	—		$21.8

Liabilities:
Deferred Compensation (b)	—			$16.2	—		$16.2
Derivatives – Interest Rate Swap (c)	—		0.3		—	0.3
Total Fair Value of Liabilities	—			$16.5	—		$16.5
Total Net Fair Value of Assets (Liabilities)		$11.0	$(5.7)		—		$5.3


(a)	Included in Other Investments on the Consolidated Balance Sheet.


(b)	Included in Other Non-Current Liabilities on the Consolidated Balance Sheet.


(c)	Included in Current Liabilities - Other on the Consolidated Balance Sheet.

Recurring Fair Value Activity in Level 3 [Table Text Block]



Recurring Fair Value Measures
Activity in Level 3
Millions
Balance at December 31, 2014	—
Recognition of U.S. Water Services Contingent Consideration	$35.7
Accretion Expense	0.1
Balance at March 31, 2015		$35.8

Financial Instruments [Table Text Block]



Financial Instruments	Carrying Amount	Fair Value
Millions
Long-Term Debt, Including Current Portion
March 31, 2015	$1,376.1	$1,525.4
December 31, 2014	$1,373.5	$1,484.5

- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

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- Definition

Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

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