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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2016
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value Recurring Basis
The following tables present our assets that are measured at fair value on a recurring basis at March 31, 2016 and December 31, 2015:
 
Fair Value Measurements at
 
March 31, 2016
Assets
Total
 
Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
(In millions)
Marketable securities (Other assets)
$
8.5

 
$
8.5

 
$

 
$

Derivative contracts
30.2

 

 
28.8

 
1.4

Total
$
38.7

 
$
8.5

 
$
28.8

 
$
1.4

 
 
 
Fair Value Measurements at
 
December 31, 2015
Assets
Total
 
Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
(In millions)
Marketable securities (Other assets)
$
8.5

 
$
8.5

 
$

 
$

Derivative contracts
38.6

 

 
36.6

 
2.0

Total
$
47.1

 
$
8.5

 
$
36.6

 
$
2.0

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation
The table below presents a reconciliation for assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the three months ended March 31, 2016.
 
 
Hedging Contracts, net
 
 
(In millions)
Balance as of January 1, 2016
 
$
2.0

Total gains/(losses) (realized or unrealized):
 
 
Included in earnings
 
1.0

Included in other comprehensive income
 
(0.5
)
Purchases, sales, issuances and settlements
 
(1.1
)
Transfers in and out of Level 3
 

Balance as of March 31, 2016
 
$
1.4

The amount of total gains/(losses) for the period included in earnings (derivative income) attributable to the change in unrealized gain/(losses) relating to derivatives still held at March 31, 2016
 
$