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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2016
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following table presents the fair values of an investment in marketable equity securities, related to publicly traded stock of a non-U.S. company, recorded in Other assets, net in the accompanying Consolidated Balance Sheets (in millions):
 
As of December 31,
 
2016
 
2015
Quoted Prices in Active Markets for Identical Assets (Level 1):
 
 
 
Investment in marketable equity securities
$
4.4

 
$
6.5



Other Fair Value Measurements
The following table presents the fair value for our senior unsecured notes in Long-term debt (in millions):
 
As of December 31,
 
2016
 
2015
Quoted Prices in Active Markets for Similar Instruments (Level 2):
 
 
 
Senior unsecured notes
$
499.3

 
$
207.3