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Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2018
Equity [Abstract]  
Total Share-based Incentive Compensation Expense
The table below shows our total share-based incentive compensation expense:
 
 
Three Months Ended
March 31,
(In millions)
 
2018
 
2017
Total share-based incentive compensation expense(1)
 
$
7.6

 
$
8.1

 
(1) 
The amounts included above do not include the expense related to our U.S. profit sharing contributions made in the form of our common stock or the expense or income related to certain cash-based awards, however, the amounts include the expense related to share based awards that are settled in cash.
Number of PSUs Granted and Grant Date Fair Value of PSUs
The number of PSUs granted and the grant date fair value of the PSUs are shown in the following table:
 
 
 
TSR
 
Net Sales CAGR
 
Adjusted EBITDA
Number of units granted
 
56,829

 
57,378

 
57,378

Fair value on grant date
 
$
43.40

 
$
41.72

 
$
41.72


Summary of Assumptions Used to Calculate the Grant Date Fair Value
The assumptions used to calculate the grant date fair value of the PSUs based on TSR are shown in the following table:
 
 
TSR portion of the 2018 PSU Award
Expected price volatility
22.0
%
Risk-free interest rate
2.0
%