Fair Value Measurement (Tables)

9 Months Ended

Sep. 30, 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 September 30, 2018 and December 31, 2017:



(In thousands)	Level I		Level II		Level III		Total
At September 30, 2018:
Assets
Cash equivalents	$	35,709	$	—	$	—	$	35,709
Marketable securities	5,339		—		—		5,339
Investments	48,987		—		—		48,987
Interest rate swap contracts	—		60		—		60
Foreign currency derivatives	—		3,188		—		3,188
Other derivatives	—		78,586		—		78,586
Liabilities
Foreign currency derivatives	$	—	$	3,587	$	—	$	3,587
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)	September 30, 2018
(In thousands)	Carrying Amount		Estimated Fair Value
Debt instruments:
Term Loan A Facility	$	739,061	$	748,125
4.75% Notes due August 2025	786,026		768,000
5.00% Notes due April 2024	985,700		985,000
4.75% Notes due December 2022	594,216		598,500
	$	3,105,003	$	3,099,625



(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