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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2017
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value on Recurring Basis

The following tables summarize the bases used to measure financial assets and liabilities that are carried at fair value on a recurring basis in the Condensed Consolidated Balance Sheets:

 

 

 

 

 

Basis of Fair Value Measurement

 

 

Balance as of March 31, 2017

 

 

Significant Other Observable Inputs

(Level 2)

 

Assets

 

 

 

 

 

 

 

Foreign exchange forward contracts

$

0.2

 

 

$

0.2

 

Available-for-sale securities

 

120.4

 

 

 

120.4

 

Total assets

$

120.6

 

 

$

120.6

 

Liabilities

 

 

 

 

 

 

 

Foreign exchange forward contracts

 

0.4

 

 

 

0.4

 

Total liabilities

$

0.4

 

 

$

0.4

 

 

 

 

 

 

 

Basis of Fair Value Measurement

 

 

Balance as of December 31, 2016

 

 

Significant Other Observable Inputs

(Level 2)

 

Assets

 

 

 

 

 

 

 

Foreign exchange forward contracts

$

1.7

 

 

$

1.7

 

Available-for-sale securities

328.7

 

 

328.7

 

Total assets

$

330.4

 

 

$

330.4

 

Liabilities

 

 

 

 

 

 

 

Foreign exchange forward contracts

1.5

 

 

1.5

 

Total liabilities

$

1.5

 

 

$

1.5