Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2018

Carrying Value and Fair Value of Debt

The carrying value and fair value of debt as of December 31, 2018 and 2017 were as follows:

(In millions)	December 31, 2018				December 31, 2017
	Carrying Value		Fair Value		Carrying Value		Fair Value
Revolving credit facility	$	320.0	$	320.0	$	615.0	$	615.0
Term Loan		525.0		525.0		—		—
Senior Notes, net of underwriting commissions and price discounts		1,489.0		1,490.4		892.6		926.3

Assets and Liabilities Measured at Fair Value on Recurring Basis

Assets and liabilities measured at fair value on a recurring basis as of December 31, 2018 and 2017 were as follows:

(In millions)	Fair Value
	2018		2017
Assets:
Derivative asset financial instruments (level 2)	$	6.0	$	1.0
Deferred compensation program assets (level 2)		9.3		7.5
Total assets	$	15.3	$	8.5
Liabilities:
Derivative liability financial instruments (level 2)	$	1.9	$	6.4