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Fair Value Measurements and Other Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2017
Fair Value Disclosures [Abstract]  
Fair Value Hierarchy of Financial Instruments
The following table details the fair value hierarchy of our financial instruments:
 
 
 
June 30, 2017
(In millions)
 
Total Fair Value
 
Level 1
 
Level 2
 
Level 3
Cash equivalents
 
$
47.7

 
$
47.7

 
$
—

 
$
—

Compensating balance deposits
 
$
54.9

 
$
54.9

 
$
—

 
$
—

Derivative financial and hedging instruments net asset
   (liability):
 
 

 
 

 
 

 
 

Foreign currency forward contracts and options
 
$
(7.5
)
 
$
—

 
$
(7.5
)
 
$
—

Interest rate and currency swaps
 
$
23.3

 
$
—

 
$
23.3

 
$
—

Cross-currency swaps
 
$
(42.1
)
 
$
—

 
$
(42.1
)
 
$
—

 
 
 
December 31, 2016
(In millions)
 
Total Fair Value
 
Level 1
 
Level 2
 
Level 3
Cash equivalents
 
$
71.3

 
$
71.3

 
$
—

 
$
—

Compensating balance deposits
 
$
52.9

 
$
52.9

 
$
—

 
$
—

Derivative financial and hedging instruments net asset
   (liability):
 
 
 
 
 
 
 
 
Foreign currency forward contracts
 
$
4.7

 
$
—

 
$
4.7

 
$
—

Interest rate and currency swaps
 
$
23.9

 
$
—

 
$
23.9

 
$
—

Cross-currency swaps
 
$
(5.3
)
 
$
—

 
$
(5.3
)
 
$
—
Carrying Amounts and Estimated Fair Values of Debt
The table below shows the carrying amounts and estimated fair values of our total debt:
 
 
 
June 30, 2017
 
December 31, 2016
(In millions)
 
Carrying Amount
 
Fair
Value
 
Carrying Amount
 
Fair
Value
Term Loan A Facility due July 2017
 
$
1,058.9

 
$
1,058.9

 
$
249.9

 
$
249.9

Term Loan A Facility due July 2019(1)
 
250.0

 
250.0

 
1,067.8

 
1,067.8

6.50% Senior Notes due December 2020
 
423.3

 
473.1

 
423.1

 
477.3

4.875% Senior Notes due December 2022
 
420.0

 
451.6

 
419.6

 
437.6

5.25% Senior Notes due April 2023
 
420.0

 
455.2

 
419.7

 
441.1

4.50% Senior Notes due September 2023(1)
 
453.9

 
510.3

 
416.7

 
453.4

5.125% Senior Notes due December 2024
 
420.5

 
455.0

 
420.2

 
437.3

5.50% Senior Notes due September 2025
 
396.5

 
435.4

 
396.4

 
418.8

6.875% Senior Notes due July 2033
 
445.3

 
512.7

 
445.3

 
462.7

Other foreign loans(1)
 
210.0

 
210.4

 
78.9

 
79.2

Other domestic loans
 
179.1

 
178.8

 
21.4

 
21.3

Total debt
 
$
4,677.5

 
$
4,991.4

 
$
4,359.0

 
$
4,546.4

Less amounts included as liabilities held for sale
 
231.9

 
233.3

 
216.4

 
216.4

Total debt from continuing operations
 
$
4,445.6

 
$
4,758.1

 
$
4,142.6

 
$
4,330.0

 
(1) 
Includes borrowings denominated in currencies other than U.S. dollars.