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Fair Value of Assets and Liabilities (Tables)
 12 Months Ended
Dec. 31, 2017
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:
 
 
December 31, 2017
 
December 31, 2016
 
Classification on consolidated balance sheets
 
 
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
Short-term investments
$
84.1

 
$
84.1

 
$
—

 
$
64.1

 
$
64.1

 
$
—

Assets held in rabbi trusts
Securities and other investments
9.4

 
9.4

 
—

 
8.5

 
8.5

 
—

Foreign exchange forward contracts
Other current assets
6.7

 
—

 
6.7

 
7.2

 
—

 
7.2

Interest rate swaps
Other current assets
2.2

 
—

 
2.2

 
—

 
—

 
—

Interest rate swaps
Securities and other investments
7.6

 
—

 
7.6

 
8.4

 
—

 
8.4

Total
 
$
110.0

 
$
93.5

 
$
16.5

 
$
88.2

 
$
72.6

 
$
15.6

 
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
Foreign exchange forward contracts
Other current liabilities
$
10.2

 
$
—

 
$
10.2

 
$
7.7

 
$
—

 
$
7.7

Interest rate swaps
Other current liabilities
5.5

 
—

 
5.5

 
6.9

 
—

 
6.9

Deferred compensation
Other liabilities
9.4

 
9.4

 
—

 
8.5

 
8.5

 
—

Total
 
$
25.1

 
$
9.4

 
$
15.7

 
$
23.1

 
$
8.5

 
$
14.6
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:
 
December 31, 2017
 
December 31, 2016
 
Fair Value
 
Carrying Value
 
Fair Value
 
Carrying Value
Notes payable
$
66.7

 
$
66.7

 
$
106.9

 
$
106.9

 
 
 
 
 
 
 
 
Revolving credit facility
75.0

 
75.0

 
—

 
—

Term Loan A Facility
178.3

 
178.3

 
201.3

 
201.3

Delayed Draw Term Loan A Facility
226.6

 
226.6

 
—

 
—

Term Loan B Facility - USD
466.7

 
466.7

 
787.5

 
787.5

Term Loan B Facility - Euro
489.5

 
489.5

 
363.5

 
363.5

2024 Senior Notes
425.0

 
400.0

 
426.0

 
400.0

Other
1.4

 
1.4

 
0.8

 
0.8

Long-term deferred financing fees
(50.4
)
 
(50.4
)
 
(61.7
)
 
(61.7
)
Long-term debt
1,812.1

 
1,787.1

 
1,717.4

 
1,691.4

Total debt instruments
$
1,878.8

 
$
1,853.8

 
$
1,824.3

 
$
1,798.3