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Financial instruments and fair value measurements (Tables)
12 Months Ended
Dec. 31, 2019
Fair Value Disclosures [Abstract]  
Schedule of gross amounts and fair values of debt instruments
The following table presents the gross amounts, which exclude unamortized deferred financing costs, and the fair values of debt instruments:
(in millions)
December 31, 2019
 
December 31, 2018
Gross amount
 
Fair value
 
Gross amount
 
Fair value
Receivables facility
$
55.5

 
$
55.5

 
$
104.0

 
$
104.0

Senior secured credit facilities:
 
 
 
 
 
 
 
Euro term loans
391.8

 
397.4

 
1,078.0

 
1,063.2

U.S. dollar term loans
677.2

 
685.2

 
1,838.9

 
1,786.0

4.75% secured notes
561.2

 
599.7

 
572.5

 
581.2

6% secured notes
1,500.0

 
1,603.2

 
1,500.0

 
1,467.8

9% unsecured notes
2,000.0

 
2,241.7

 
2,000.0

 
1,998.5

Finance lease liabilities
59.2

 
59.2

 
66.3

 
66.3

Other
4.5

 
4.5

 
3.2

 
3.2

Total
$
5,249.4

 
$
5,646.4

 
$
7,162.9

 
$
7,070.2

The fair values of debt instruments are based on standard pricing models that take into account the present value of future cash flows, and in some cases private trading data, which are level 2 measurements.
Schedule of changes to contingent consideration liabilities
The following table presents changes to contingent consideration liabilities:
(in millions)
Year ended December 31,
2019
 
2018
Beginning balance
$
4.4

 
$
25.7

Acquisitions

 

Changes to estimated fair value

 
1.5

Cash payments
(4.6
)
 
(22.4
)
Currency translation
0.2

 
(0.4
)
Ending balance
$

 
$
4.4

Schedule of classification and amount of gain recognized in earnings
The following table presents the classification and the amount of gain recognized in earnings:
(in millions)
Income statement classification
 
Year ended December 31, 2017
Foreign currency forward contracts
Other income or expense, net
 
$
9.6