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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2015
Fair Value Disclosures [Abstract]  
Assets and liabilities measured at fair value
The following tables classify assets and liabilities measured at fair value on a recurring basis as of March 31, 2015 and December 31, 2014:
 
 
 
Basis of fair value measurements
 
 
(in millions)
Balance at
March 31, 2015
 
Quoted prices in active markets for identical items
(Level 1)
 
Significant other observable inputs
(Level 2)
 
Significant unobservable inputs
(Level 3)
 
Valuation technique
Assets:
 
 
 
 
 
 
 
 
 
Foreign currency contracts
$
10.2

 
$

 
$
10.2

 
$

 
A
Other long-term receivables (insurance settlement agreement note receivable)
$
90.7

 
$

 
$
90.7

 
$

 
C
Liabilities:
 
 
 
 
 
 
 
 
 
Foreign currency contracts
$
3.6

 
$

 
$
3.6

 
$

 
A
 
 
 
Basis of fair value measurements
 
 
(in millions)
Balance at
December 31, 2014
 
Quoted prices in active markets for identical items
(Level 1)
 
Significant other observable inputs
(Level 2)
 
Significant unobservable inputs
(Level 3)
 
Valuation
technique
Assets:
 
 
 
 
 
 
 
 
 
Foreign currency contracts
$
3.8

 
$

 
$
3.8

 
$

 
A
Other long-term receivables (insurance settlement agreement note receivable)
$
90.4

 
$

 
$
90.4

 
$

 
C
Liabilities:
 
 
 
 
 
 
 
 
 
Foreign currency contracts
$
2.9

 
$

 
$
2.9

 
$

 
A