Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2017

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on a Recurring Basis

Our financial assets and liabilities that are measured at fair value on a recurring basis are as follows (in millions):

			Fair Value Measurements at Reporting Date Using
As of September 30, 2017	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Valuation Technique (1)
Other current assets:
Current portion of restricted marketable securities	$	18.5	$	—	$	18.5	$	—	M
Other long-term assets:
Restricted marketable securities	41.4		—		41.4		—		M
Redeemable noncontrolling interests	221.3		—		—		221.3		I
As of December 31, 2016
Other current assets:
Current portion of restricted marketable securities	$	24.2	$	—	$	24.2	$	—	M
Other long-term assets:
Restricted marketable securities	33.5		—		33.5		—		M
Redeemable noncontrolling interests	138.3		—		—		138.3		I

⁽¹⁾ The three valuation techniques are: market approach (M), cost approach (C), and income approach (I).

Schedule of Carrying Amounts and Estimated Fair Values, Financial Instruments

The carrying amounts and estimated fair values for all of our other financial instruments are presented in the following table (in millions):

	As of September 30, 2017				As of December 31, 2016
	Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value
Long-term debt:
Advances under revolving credit facility	$	138.0	$	138.0	$	152.0	$	152.0
Term loan facilities	298.3		300.0		421.2		422.5
5.125% Senior Notes due 2023	295.7		310.0		295.3		297.8
5.75% Senior Notes due 2024	1,193.7		1,231.5		1,193.2		1,216.6
5.75% Senior Notes due 2025	344.3		365.8		343.9		349.6
2.00% Convertible Senior Subordinated Notes due 2043	—		—		275.7		382.6
Other notes payable	80.1		80.1		55.8		55.8
Financial commitments:
Letters of credit	—		35.4		—		33.3