FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2016

Financial Assets Measured at Fair Value on Recurring Basis

The following table summarizes our financial assets measured at fair value on a recurring basis as of December 31, 2016:

	(In millions)
	Level 1		Level 2		Level 3		Total
Short term investments
Available for sale securities	$	15.0	$	—	$	—	$	15.0
Term deposits	$	—	$	6.8	$	—		6.8
Interest rate swaps	$	—	$	0.5	$	—		0.5
Total assets measured at fair value	$	15.0	$	7.3	$	—	$	22.3

The following table summarizes our financial assets measured at fair value on a recurring basis as of December 31, 2015:

	Level 1		Level 2		Level 3		Total
Short term investments
Available for sale securities	$	126.5	$	—	$	—	$	126.5
Term deposits	$	—	$	413.7	$	—		413.7
Total assets measured at fair value	$	126.5	$	413.7	$	—	$	540.2