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Derivatives and Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2022
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:
March 31,
2022
December 31,
2021
In millionsRecorded
Amount
Fair
Value
Recorded
Amount
Fair
Value
Variable rate debt$595.0 $595.0 $395.0 $395.0 
Fixed rate debt507.6 522.2 507.6 564.3 
Total debt$1,102.6 $1,117.2 $902.6 $959.3 
Financial Assets and Liabilities Measured at Fair Value on Recurring Basis
Financial assets and liabilities measured at fair value on a recurring and nonrecurring basis were as follows:
 March 31, 2022
In millionsLevel 1Level 2Level 3NAVTotal
Recurring fair value measurements
Foreign currency contract assets$— $9.7 $— $— $9.7 
Foreign currency contract liabilities— (1.1)— — (1.1)
Deferred compensation plan assets11.2 — — 12.5 23.7 
Total recurring fair value measurements$11.2 $8.6 $— $12.5 $32.3 
 December 31, 2021
In millionsLevel 1Level 2Level 3NAVTotal
Recurring fair value measurements
Foreign currency contract assets$— $7.2 $— $— $7.2 
Foreign currency contract liabilities— (9.5)— — (9.5)
Deferred compensation plan assets 13.6 — — 12.0 25.6 
Total recurring fair value measurements$13.6 $(2.3)$— $12.0 $23.3