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Fair Value Measurements (Tables)
 9 Months Ended
Sep. 30, 2015
Fair Value Disclosures [Abstract]  
Fair Value, Assets Measured on Recurring Basis
The following tables present the Company’s financial instruments, assets and liabilities that are measured at fair value on a recurring basis:
 
 
 
Fair Value Measurement Using
 (amounts in millions)
September 30,
2015
 
Quoted prices in
active markets
(Level 1)
 
Significant
other observable
inputs
(Level 2)
 
Significant
unobservable
inputs
(Level 3)
Asset Category
 
 
 
 
 
 
 
Money market accounts
$
36.2

 
$
36.2

 
$
—

 
$
—

Available for sale equity securities
6.9

 
6.2

 
0.7

 
—

Derivatives
1.2

 
—

 
1.2

 
—

Total
$
44.3

 
$
42.4

 
$
1.9

 
$
—

Liability Category
 

 
 

 
 

 
 

Long term contingent consideration
$
70.2

 
$
—

 
$
—

 
$
70.2

Derivatives
66.7

 
—

 
18.6

 
48.1

Total
$
136.9

 
$
—

 
$
18.6

 
$
118.3

 
 
 
Fair Value Measurement Using
 (amounts in millions)
December 31, 2014
 
Quoted prices in
active markets
(Level 1)
 
Significant
other observable
inputs
(Level 2)
 
Significant
unobservable
inputs
(Level 3)
Asset Category
 
 
 
 
 
 
 
Money market accounts
$
15.4

 
$
15.4

 
$
—

 
$
—

Available for sale equity securities
2.3

 
1.5

 
0.8

 
—

Total
$
17.7

 
$
16.9

 
$
0.8

 
$
—

Liability Category
 

 
 

 
 

 
 

Long term contingent consideration
$
63.9

 
$
—

 
$
—

 
$
63.9

Derivatives
0.1

 
—

 
0.1

 
—

Total
$
64.0

 
$
—

 
$
0.1

 
$
63.9
Fair Value Measurements, Nonrecurring
The following table presents the carrying value and estimated fair value of the Company’s long term debt and capital lease obligations:
 (amounts in millions)
September 30, 2015
 
December 31, 2014
Long term debt - including current portion
Carrying
Value
 
Fair Value
 
Carrying
Value
 
Fair Value
USD Notes, due 2022, interest at 6.50%
$
1,080.3

 
$
935.0

 
$
—

 
$
—

EUR Notes, due 2023, interest at 6.00%
384.9

 
334.5

 
—

 
—

First Lien Credit Facility
737.4

 
712.0

 
743.0

 
721.4

USD Incremental Loan
291.3

 
286.6

 
292.7

 
286.0

New Tranche B Term Loan
121.9

 
124.2

 
121.7

 
125.2

New Tranche B-2 Term Loan
481.7

 
478.9

 
—

 
—

Euro Tranche Term Loan
225.9

 
218.9

 
246.2

 
245.8

New Euro Tranche Term Loan
89.8

 
88.9

 
—

 
—

Capital lease obligations
4.3

 
4.2

 
2.0

 
2.6

Total
$
3,417.5

 
$
3,183.2

 
$
1,405.6

 
$
1,381.0