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Investments (Tables)
3 Months Ended
Mar. 31, 2018
Investments [Abstract]  
Equity securities
The following table summarizes our equity security measurement category, balance sheet location, and balances (in millions):
Measurement Category
 
Balance Sheet Location
 
March 31,
2018
 
December 31,
2017(2)
Fair value method
 
Prepaid expenses and other current assets
 
$
13.8

 
$
17.0

Fair value method(1)
 
Other non-current assets
 
$
5.1

 
$
6.3

Equity method
 
Other non-current assets
 
$
4.7

 
$
4.9


(1) The March 31, 2018 equity securities are measured at fair value using the Net Asset Value practical expedient.
(2) The December 31, 2017 balances presented reflect historical recognition and measurement investment categories existing prior to the adoption of ASU 2016-01, which include available for sale and cost method securities.
Equity security expense (income)
The following table summarizes our equity security expense (income) recognized in earnings (in millions):
 
 
 
 
Three Months Ended
Measurement Category
 
Income Statement Location
 
March 31,
2018
 
April 1,
2017
Fair value method
 
Other expense (income), net
 
$
4.4

 
$

Equity method
 
Other expense (income), net
 
$
0.2

 
$
(0.1
)