Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2014

Financial Instruments

Carrying amount and estimated fair market value of the company's long-term debt, including current portion

	December 31,
	2014		2013
	(in millions)
Carrying amount	$	579.7	$	307.7
Estimated fair value	$	599.3	$	333.4

Schedule of fair value of financial assets and liabilities

	Fair Value Measurements at December 31, 2014 Using:
			Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	Total		(Level 1)		(Level 2)		(Level 3)
	(in millions)
Assets
Plan asset for deferred compensation(1)	$	4.0	$	4.0	$	—	$	—
Total assets	$	4.0	$	4.0	$	—	$	—
Liabilities
Plan liability for deferred compensation(2)	$	4.0	$	4.0	$	—	$	—
Contingent consideration(3)		2.5		—		—		2.5
Total liabilities	$	6.5	$	4.0	$	—	$	2.5

	Fair Value Measurements at December 31, 2013 Using:
			Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	Total		(Level 1)		(Level 2)		(Level 3)
	(in millions)
Assets
Plan asset for deferred compensation(1)	$	4.6	$	4.6	$	—	$	—
Total assets	$	4.6	$	4.6	$	—	$	—
Liabilities
Plan liability for deferred compensation(2)	$	4.6	$	4.6	$	—	$	—
Contingent consideration(3)		4.4		—		—		4.4
Total liabilities	$	9.0	$	4.6	$	—	$	4.4

(1)	Included on the Company's consolidated balance sheet in other assets (other, net).
(2)	Included on the Company's consolidated balance sheet in accrued compensation and benefits.
(3)	Included on the Company's consolidated balance sheet in accrued expenses and other liabilities as of December 31, 2014 and in other noncurrent liabilities and accrued expenses and other liabilities as of December 31, 2013.

Summary of the changes in fair value of all financial assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3)

						Total realized and unrealized (gains) losses included in:
	Balance December 31, 2013		Settlements			Net earnings adjustments		Comprehensive income			Balance December 31, 2014
	(in millions)
Contingent consideration	$	4.4	$	(2.2	)	$	0.5	$	(0.2	)	$	2.5

Schedule of future minimum lease payments under capital leases and non-cancelable operating leases

	Capital Leases		Operating Leases
	(in millions)
2015	$	1.3	$	9.4
2016		1.3		7.0
2017		1.3		4.9
2018		1.2		2.9
2019		1.2		2.2
Thereafter		1.4		6.8
Total	$	7.7	$	33.2
Less amount representing interest (at rates ranging from 4.3% to 7.0%)		0.5
Present value of net minimum capital lease payments		7.2
Less current installments of obligations under capital leases		1.2
Obligations under capital leases, excluding current installments	$	6.0

Schedule of carrying amounts of assets under capital lease

	December 31,
	2014			2013
	(in millions)
Buildings	$	15.4		$	17.5
Machinery and equipment		1.7			1.8
		17.1			19.3
Less accumulated depreciation		(5.0	)		(5.1	)
	$	12.1		$	14.2