Fair Value Measurement (Tables)

3 Months Ended

Mar. 31, 2018

Financial Assets And Liabilities Measured At Fair Value On A Recurring Basis

The following table presents for each of these hierarchy levels, the Company's financial assets and liabilities that are measured at fair value on a recurring basis at March 31, 2018 and December 31, 2017:



(In thousands)	Level I		Level II		Level III		Total
At March 31, 2018:
Assets:
Cash equivalents	$	65,955	$	—	$	—	$	65,955
Marketable securities	8,457		—		—		8,457
Investments	31,632		—		—		31,632
Interest rate swap contracts	—		1,298		—		1,298
Foreign currency derivatives	—		3,027		—		3,027
Other derivatives	—		9,712		41,097		50,809
Liabilities:
Foreign currency derivatives	$	—	$	4,064	$	—	$	4,064
At December 31, 2017:
Assets:
Cash equivalents	$	100,615	$	—	$	—	$	100,615
Marketable securities	10,709		—		—		10,709
Investments	9,948		—		—		9,948
Interest rate swap contracts	—		1,444		—		1,444
Foreign currency derivatives	—		3,801		—		3,801
Other derivatives	—		6,174		30,891		37,065
Liabilities:
Foreign currency derivatives	$	—	$	4,475	$	—	$	4,475

Carrying Values And Fair Values Of The Company's Financial Instruments

The carrying values and estimated fair values of the Company's financial instruments, excluding those that are carried at fair value in the condensed consolidated balance sheets, are summarized as follows:



(In thousands)	March 31, 2018
(In thousands)	Carrying Amount		Estimated Fair Value
Debt instruments:
Term Loan A Facility	$	737,774	$	748,125
4.75% Notes due August 2025	785,171		771,000
5.00% Notes due April 2024	984,591		988,750
4.75% Notes due December 2022	593,602		604,500
	$	3,101,138	$	3,112,375



(In thousands)	December 31, 2017
(In thousands)	Carrying Amount		Estimated Fair Value
Debt instruments:
Term Loan A Facility	$	737,140	$	748,125
4.75% Notes due August 2025	784,757		793,000
5.00% Notes due April 2024	984,056		1,012,500
4.75% Notes due December 2022	593,304		612,750
	$	3,099,257	$	3,166,375