Fair Value of Assets and Liabilities (Tables)

9 Months Ended

Sep. 30, 2016

Fair Value Disclosures [Abstract]

Summary of Assets and Liabilities Recorded at Fair Market Value

Assets and liabilities subject to fair value measurement are as follows:

	September 30, 2016						December 31, 2015
			Fair Value Measurements Using						Fair Value Measurements Using
	Fair Value		Level 1		Level 2		Fair Value		Level 1		Level 2
Assets
Short-term investments
Certificates of deposit	$	39.9	$	39.9	$	—	$	39.9	$	39.9	$	—
Assets held in rabbi trusts	8.3		8.3		—		9.3		9.3		—
Foreign exchange forward contracts	7.3		—		7.3		3.5		—		3.5
Foreign currency option contracts	—		—		—		7.0		—		7.0
Total	$	55.5	$	48.2	$	7.3	$	59.7	$	49.2	$	10.5
Liabilities
Deferred compensation	$	8.3	$	8.3	$	—	$	9.3	$	9.3	$	—
Foreign exchange forward contracts	6.1		—		6.1		1.5		—		1.5
Total	$	14.4	$	8.3	$	6.1	$	10.8	$	9.3	$	1.5

Fair value and carrying value of the Company's debt instruments

The fair value and carrying value of the Company’s debt instruments are summarized as follows:

	September 30, 2016						December 31, 2015
	Fair Value			Carrying Value			Fair Value			Carrying Value
Notes payable	$	336.4		$	336.4		$	32.0		$	32.0
Revolving credit facility	—			—			168.0			168.0
Term Loan A Facility	205.6			205.6			218.5			218.5
Term Loan B Facility - USD	790.0			790.0			—			—
Term Loan B Facility - Euro	389.3			389.3			—			—
2024 Senior Notes	396.0			400.0			—			—
2006 Senior Notes	—			—			231.8			225.0
Other	2.1			2.1			1.6			1.6
Long-term deferred financing fees	(64.5		)	(64.5		)	(6.9		)	(6.9		)
Long-term debt	1,718.5			1,722.5			613.0			606.2
Total debt instruments	$	2,054.9		$	2,058.9		$	645.0		$	638.2