Fair Value Measurements and Other Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2018

Fair Value Disclosures [Abstract]

Fair Value Hierarchy of Financial Instruments

The fair value of our financial instruments, using the fair value hierarchy under U.S. GAAP are included in the table below.

	December 31, 2018
(In millions)	Total Fair Value		Level 1		Level 2		Level 3
Cash equivalents	$	38.6	$	38.6	$	—	$	—
Derivative financial and hedging instruments net asset (liability):
Foreign currency forward and option contracts	$	0.6	$	—	$	0.6	$	—

	December 31, 2017
(In millions)	Total Fair Value			Level 1		Level 2			Level 3
Cash equivalents	$	297.5		$	297.5	$	—		$	—
Derivative financial and hedging instruments net asset (liability):
Foreign currency forward contracts	$	(1.6	)	$	—	$	(1.6	)	$	—

Carrying Amounts and Estimated Fair Values of Debt

The table below shows the carrying amounts and estimated fair values of our total debt:

	December 31, 2018				December 31, 2017
(In millions)	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Term Loan A Facility due July 2023(1) (2)	$	222.2	$	222.2	$	222.7	$	222.7
6.50% Senior Notes due December 2020	424.0		440.1		423.6		465.1
4.875% Senior Notes due December 2022	421.1		421.2		420.4		451.0
5.25% Senior Notes due April 2023	421.2		424.5		420.4		455.6
4.50% Senior Notes due September 2023(1)	454.9		489.9		474.3		544.4
5.125% Senior Notes due December 2024	421.3		419.8		420.7		456.2
5.50% Senior Notes due September 2025	397.1		394.8		396.7		439.9
6.875% Senior Notes due July 2033	445.5		453.4		445.4		527.3
Other foreign borrowings(1)	98.5		99.2		30.2		30.4
Other domestic borrowings	168.4		170.0		3.6		3.6
Total debt	$	3,474.2	$	3,535.1	$	3,258.0	$	3,596.2

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

⁽²⁾  On July 12, 2018, the Company entered into a third amended and restated credit agreement, which included the refinancing of the term loan A facilities and revolving credit facilities.