The following tables present the fair value hierarchy for those assets and liabilities on the Consolidated Balance Sheets measured at fair value on a recurring basis as of December 31, 2020 and 2019:


	December 31, 2020
	Total		Level 1		Level 2		Level 3
Assets:
Cash and cash equivalents	$	320.3	$	318.6	$	1.7	$	—

Restricted cash	0.8		0.8		—		—
Short-term investments	37.6		—		37.6		—

Foreign currency hedges	1.1		—		1.1		—
Total Assets	$	359.8	$	319.4	$	40.4	$	—

Liabilities:
Foreign currency hedges	$	8.1	$	—	$	8.1	$	—
Total Liabilities	$	8.1	$	—	$	8.1	$	—


	December 31, 2019
	Total		Level 1		Level 2		Level 3
Assets:
Cash and cash equivalents	$	160.7	$	158.2	$	2.5	$	—
Cash and cash equivalents measured at net asset value	48.8
Restricted cash	6.7		6.7		—		—
Short-term investments	25.7		—		25.7		—
Short-term investments measured at net asset value	0.1
Foreign currency hedges	7.6		—		7.6		—
Total Assets	$	249.6	$	164.9	$	35.8	$	—

Liabilities:
Foreign currency hedges	$	1.4	$	—	$	1.4	$	—
Total Liabilities	$	1.4	$	—	$	1.4	$	—

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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