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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Fair value of financial assets and liabilities [Table Text Block]

The fair value of financial assets and liabilities at June 30, 2019 and December 31, 2018, is shown in the table below:
 
Fair Value Measurements
 
Gross Amounts of Assets and Liabilities
 
Netting Adjustments(1)
 
Net Amounts Presented on the Condensed Consolidated Balance Sheets
 
Level 1
 
Level 2
 
Level 3
 
 
 
(in millions)
Financial Assets
June 30, 2019
Fair value of derivative contracts – short-term
$

 
$
2.7

 
$

 
$

 
$
2.7

Fair value of derivative contracts – long-term

 
15.2

 

 

 
15.2

Total financial assets
$

 
$
17.9

 
$

 
$

 
$
17.9


 
 
 
 
 
 
 
 
 
Financial Liabilities
 
 
 
 
 
 
 
 
 
Fair value of derivative contracts – short-term
$

 
$
17.6

 
$

 
$

 
$
17.6

Fair value of derivative contracts – long-term

 
0.9

 

 

 
0.9

Total financial liabilities
$

 
$
18.5

 
$

 
$

 
$
18.5

 
 
 
 
 
 
 
 
 
 
 
December 31, 2018
Financial Assets
 
 
 
 
 
 
 
 
 
Fair value of derivative contracts – short-term(2)
$

 
$
88.2

 
$

 
$
(0.4
)
 
$
87.8

Fair value of derivative contracts – long-term

 
35.4

 

 

 
35.4

Total financial assets
$

 
$
123.6

 
$

 
$
(0.4
)
 
$
123.2

 
 
 
 
 
 
 
 
 
 
Financial Liabilities
 
 
 
 
 
 
 
 
 
Fair value of derivative contracts – short-term
$

 
$
0.4

 
$

 
$
(0.4
)
 
$

Fair value of derivative contracts – long-term

 
0.7

 

 

 
0.7

Total financial liabilities
$


$
1.1


$


$
(0.4
)

$
0.7


_______________________
(1) 
The Company nets its derivative contract assets and liabilities outstanding with the same counterparty on the Condensed Consolidated Balance Sheets for the contracts that contain netting provisions. Refer to Note 7 – Derivative Contracts for additional information regarding the Company's derivative contracts.
Fair value and related carrying amount of certain financial instruments [Table Text Block]
The following table discloses the fair value and related carrying amount of certain financial instruments not disclosed in other Notes to the Condensed Consolidated Financial Statements in this Quarterly Report on Form 10-Q:
 
Carrying Amount
 
Level 1 Fair Value
 
Carrying Amount
 
Level 1 Fair Value
 
June 30, 2019
 
December 31, 2018
Financial Assets
(in millions)
Cash and cash equivalents
$
97.1

 
$
97.1

 
$

 
$

Financial Liabilities
 
 
 
 
 
 
 
Checks outstanding in excess of cash balances
$
5.3

 
$
5.3

 
$
14.6

 
$
14.6

Total debt outstanding
$
2,079.8

 
$
2,042.5

 
$
2,507.1

 
$
2,350.5