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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2016
Fair Value Measurement Abstract  
Fair Value of Assets Measured on a Recurring Basis
Assets and liabilities measured at fair value at December 31, 2015 are as follows:


 
Fair value measurements
 
Total
fair value
In millions
Quoted Prices in Active Markets for Identical Assets (Level 1)
 
Significant Other Observable Inputs (Level 2)
 
Significant Unobservable Inputs (Level 3)
 
Recurring fair value measurements
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
Marketable securities
$
14.2

 
$

 
$

 
$
14.2

Foreign currency contracts

 
2.8

 

 
2.8

Total asset recurring fair value measurements
$
14.2

 
$
2.8

 
$

 
$
17.0

Liabilities:
 
 
 
 
 
 
 
Foreign currency contracts
$

 
$
4.5

 
$

 
$
4.5

Interest rate swap

 
1.2

 

 
1.2

Deferred compensation plans

 
15.5

 

 
15.5

Total liability recurring fair value measurements
$

 
$
21.2

 
$

 
$
21.2

Financial instruments not carried at fair value:
 
 
 
 
 
 
 
Total debt
$

 
$
1,556.6

 
$

 
$
1,556.6

Total financial instruments not carried at fair value
$

 
$
1,556.6

 
$

 
$
1,556.6

Assets and liabilities measured at fair value at December 31, 2016 are as follows:


 
Fair value measurements
 
Total
fair value
In millions
Quoted Prices in Active Markets for Identical Assets (Level 1)
 
Significant Other Observable Inputs (Level 2)
 
Significant Unobservable Inputs (Level 3)
 
Recurring fair value measurements
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
Interest rate swap
$

 
$
4.6

 
$

 
$
4.6

Foreign currency contracts

 
1.0

 

 
1.0

Total asset recurring fair value measurements
$

 
$
5.6

 
$

 
$
5.6

Liabilities:
 
 
 
 
 
 
 
Foreign currency contracts
$

 
$
0.3

 
$

 
$
0.3

Interest rate swap

 
0.4

 

 
0.4

Deferred compensation plans

 
16.8

 

 
16.8

Total liability recurring fair value measurements
$

 
$
17.5

 
$

 
$
17.5

Financial instruments not carried at fair value:
 
 
 
 
 
 
 
Total debt
$

 
$
1,510.6

 
$

 
$
1,510.6

Total financial instruments not carried at fair value
$

 
$
1,510.6

 
$

 
$
1,510.6