Derivatives and Financial Instruments (Tables)

9 Months Ended

12 Months Ended

Sep. 30, 2020

Dec. 31, 2019

Derivative Instruments and Hedging Activities Disclosure [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, were as follows:

	September 30, 2020				December 31, 2019
In millions	Recorded Amount		Fair Value		Recorded Amount		Fair Value
Variable rate debt	$	202.2	$	202.2	$	353.6	$	353.6
Fixed rate debt	611.4		674.5		685.4		732.2
Total debt	$	813.6	$	876.7	$	1,039.0	$	1,085.8

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:

	September 30, 2020
In millions	Level 1		Level 2		Level 3		NAV		Total
Recurring fair value measurements
Foreign currency contract assets	$	—	$	0.1	$	—	$	—	$	0.1
Foreign currency contract liabilities	—		(27.8)		—		—		(27.8)
Deferred compensation plan assets	10.0		—		—		9.8		19.8
Total recurring fair value measurements	$	10.0	$	(27.7)	$	—	$	9.8	$	(7.9)

	December 31, 2019
In millions	Level 1		Level 2		Level 3		NAV		Total
Recurring fair value measurements
Foreign currency contract assets	$	—	$	0.1	$	—	$	—	$	0.1
Foreign currency contract liabilities	—		(11.6)		—		—		(11.6)
Deferred compensation plan assets	12.5		—		—		8.8		21.3
Total recurring fair value measurements	$	12.5	$	(11.5)	$	—	$	8.8	$	9.8
Nonrecurring fair value measurements (1)

⁽¹⁾During the year ended December 31, 2019, we recorded impairment charges for cost method investments in the amount of $21.2 million, of which $18.2 million was recorded in the nine months ended September 30, 2019. A valuation method using unobservable inputs was utilized to determine the fair value. We wrote the balance of the cost method investments to zero.