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Fair Value Measurements and Other Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2020
Fair Value Disclosures [Abstract]  
Fair Value Hierarchy of Financial Instruments
The fair value, measured on a recurring basis, of our financial instruments, using the fair value hierarchy under U.S. GAAP are included in the table below.
 June 30, 2020
(In millions)Total Fair ValueLevel 1Level 2Level 3
Cash equivalents$45.7  $45.7  $—  $—  
Other current assets$0.9  $0.9  $—  $—  
Derivative financial and hedging instruments net asset (liability):
    
Foreign currency forward and option contracts$4.9  $—  $4.9  $—  
 
 December 31, 2019
(In millions)Total Fair ValueLevel 1Level 2Level 3
Cash equivalents$41.1  $41.1  $—  $—  
Other current assets$14.4  $14.4  $—  $—  
Derivative financial and hedging instruments net asset (liability):
Foreign currency forward and option contracts$(1.2) $—  $(1.2) $—  
Carrying Amounts and Estimated Fair Values of Debt The table below shows the carrying amounts and estimated fair values of our debt, excluding our lease liabilities.
 June 30, 2020December 31, 2019
(In millions)Interest rateCarrying AmountFair ValueCarrying AmountFair Value
Term Loan A Facility due August 2022$474.6  $474.6  $474.6  $474.6  
Term Loan A Facility due July 2023(1)
221.6  221.6  223.8  223.8  
Senior Notes due December 20224.875 %422.4  440.6  421.9  450.1  
Senior Notes due April 20235.250 %422.4  450.2  422.0  454.1  
Senior Notes due September 2023(1)
4.500 %447.6  479.8  445.6  509.5  
Senior Notes due December 20245.125 %422.2  456.2  421.9  458.9  
Senior Notes due September 20255.500 %397.6  435.0  397.4  441.2  
Senior Notes due December 20274.000 %420.6  426.2  420.4  431.5  
Senior Notes due July 20336.875 %445.7  530.8  445.7  528.8  
Other foreign borrowings(1)
82.3  82.4  12.1  12.4  
Other domestic borrowings1.0  1.0  89.0  89.0  
Total debt(2)
$3,758.0  $3,998.4  $3,774.4  $4,073.9  

(1)Includes borrowings denominated in currencies other than US dollars.
(2)The carrying amount and estimated fair value of debt exclude lease liabilities.