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Fair Value Measurements, Equity Investments and Other Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2022
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.
 December 31, 2022
(In millions)Total Fair ValueLevel 1Level 2Level 3
Cash equivalents$122.5 $122.5 $— $— 
Derivative financial and hedging instruments net asset:    
Foreign currency forward contracts$4.7 $— $4.7 $— 
 December 31, 2021
(In millions)Total Fair ValueLevel 1Level 2Level 3
Cash equivalents$290.0 $290.0 $— $— 
Derivative financial and hedging instruments net asset:    
Foreign currency forward contracts$2.1 $— $2.1 $— 
Carrying Value of Investments Without Readily Determinable Fair Value The following carrying value of these investments were included within Other non-current assets in our Consolidated Balance Sheets.
December 31,
(In millions)202220212020
Carrying value at the beginning of period$45.8 $25.4 $7.5 
Purchases— 14.7 2.6 
Impairments or downward adjustments(31.6)— — 
Upward adjustments— 6.6 15.1 
Currency translation on investments(0.9)(0.9)0.2 
Carrying value at the end of period$13.3 $45.8 $25.4 
Carrying Amounts and Estimated Fair Values of Debt The table below shows the carrying amounts and estimated fair values of our debt, excluding our lease liabilities:
 December 31, 2022December 31, 2021
(In millions)Interest rateCarrying
Amount
Fair
Value
Carrying
Amount
Fair
Value
Term Loan A Facility due August 2022$— $— $474.9 $474.9 
Term Loan A Facility due July 2023(1)
— — 37.1 37.1 
Term Loan A due March 2027(1)
506.6 506.6 — — 
Senior Notes due April 20235.250 %— — 423.8 441.9 
Senior Notes due September 2023(1)
4.500 %426.0 427.3 451.9 479.1 
Senior Notes due December 20245.125 %423.5 419.7 422.8 455.8 
Senior Notes due September 20255.500 %398.7 398.6 398.2 443.3 
Senior Secured Notes due October 20261.573 %596.0 521.7 595.0 581.3 
Senior Notes due December 20274.000 %421.9 386.6 421.4 443.8 
Senior Notes due April 20295.000 %421.2 400.2 — — 
Senior Notes due July 20336.875 %446.4 448.8 446.2 571.9 
Other foreign borrowings(1)
6.6 6.6 1.3 1.3 
Other domestic borrowings7.9 7.9 6.7 6.7 
Total debt(2)
$3,654.8 $3,524.0 $3,679.3 $3,937.1 
 
       
(1)Includes borrowings denominated in currencies other than U.S. dollars.
(2)The carrying amount and estimated fair value of debt exclude lease liabilities.