Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2014

Carrying Amounts and Estimated Fair Values of Other Financial Instruments

The following table presents the carrying amounts and estimated fair values of the Company’s other financial instruments at June 30, 2014 and December 31, 2013:

		June 30, 2014				December 31, 2013
	Input Level	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Financial Assets:
Cash equivalents	Level 2	$	129.4	$	129.4	$	318.5	$	318.5
Financial Liabilities:
Short-term borrowings	Level 2		153.1		153.1		153.8		153.8
2.875% Senior notes	Level 2		399.7		388.1		399.7		369.8
3.35% Senior notes	Level 2		249.9		259.2		249.8		258.2