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Fair Value Measurements (Tables)
 3 Months Ended 12 Months Ended
Mar. 31, 2022
Dec. 31, 2021
Fair Value Disclosures [Abstract]    
Fair Value, Liabilities Measured on Recurring Basis
The following table presents the Company’s fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of March 31, 2022:
In millionsFair ValueFair value measurements
Level 1Level 2Level 3
Assets:
Derivative instruments$33.9 $— $33.9 $— 
Liabilities:
Derivative instruments$26.0 $— $26.0 $— 
Contingent consideration$89.7 — — $89.7 
The following table presents the Company’s fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of December 31, 2021:
In millionsFair ValueFair value measurements
Level 1Level 2Level 3
Assets:
Derivative instruments$15.5 $— $15.5 $— 
Liabilities:
Derivative instruments$16.9 $— $16.9 $— 
Contingent consideration$96.2 — — $96.2 
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation The changes in the fair value of the Company's Level 3 liabilities were as follows:
In millionsMarch 31,
2022		December 31,
2021
Balance at beginning of period$96.2 $— 
Fair value of contingent consideration recorded in connection with acquisition— 98.7 
Change in fair value of contingent consideration (6.5)(2.5)
Balance at end of period$89.7 $96.2 
  
Fair Value Measurement Inputs and Valuation Techniques The following inputs and assumptions were used in the Monte Carlo simulation model to estimate the fair value of the contingent consideration:
March 31,
2022		December 31,
2021
Discount rate10.00 %8.00 %
Volatility 20.00 %20.00 %