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Derivatives and Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Abstract]  
Recorded Amounts and Estimated Fair Values of Long-term Debt and Derivative Financial Instruments
The recorded amounts and estimated fair values of total debt, excluding unamortized issuance costs and discounts, at December 31 were as follows:
 
2017
 
2016
In millions
Recorded
Amount
Fair Value
 
Recorded
Amount
Fair Value
Variable rate debt
$
62.4

$
62.4

 
$
976.3

$
976.3

Fixed rate debt
1,385.1

1,424.0

 
3,320.7

3,427.1

Total debt
$
1,447.5

$
1,486.4

 
$
4,297.0

$
4,403.4

Financial Assets and Liabilities Measured at Fair Value on Recurring Basis
Financial assets and liabilities measured at fair value on a recurring and nonrecurring basis were as follows:
Recurring fair value measurements
December 31, 2017
In millions
Level 1
Level 2
Level 3
Total
Foreign currency contract assets
$

$
0.6

$

$
0.6

Foreign currency contract liabilities

(47.2
)

(47.2
)
Deferred compensation plan assets
42.8

6.6


49.4

Total recurring fair value measurements
$
42.8

$
(40.0
)
$

$
2.8

Nonrecurring fair value measurements (1)




Recurring fair value measurements
December 31, 2016
In millions
Level 1
Level 2
Level 3
Total
Foreign currency contract assets
$

$
5.5

$

$
5.5

Foreign currency contract liabilities

(5.4
)

(5.4
)
Deferred compensation plan assets
41.6

6.3


47.9

Total recurring fair value measurements
$
41.6

$
6.4

$

$
48.0

Nonrecurring fair value measurements (1)