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Fair value of financial instruments (Tables)
 6 Months Ended
Jun. 30, 2020
Fair Value Disclosures [Abstract]  
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments
The fair value and carrying value of our material fixed-rate debt are as follows:
(In millions)
June 30, 2020
 
December 31, 2019
 
 
 
 
$600 million Senior unsecured notes
 
 
 
Carrying value
$
600.0

 
600.0

Fair value
581.7

 
624.7

 
 
 
 
$400 million Senior unsecured notes
 

 
 

Carrying value
400.0

 
—

Fair value
394.9

 
—
Derivatives Not Designated as Hedging Instruments [Table Text Block]
Amounts under these contracts were recognized in other operating income (expense) and in interest and other nonoperating income and expense as follows:
 
Three Months 
 Ended June 30,
 
Six Months 
 Ended June 30,
(In millions)
2020
 
2019
 
2020
 
2019
 
 
 
 
 
 
 
 
Derivative instrument gains (losses) included in other operating income (expense)
$
2.6

 
(1.4
)
 
$
3.9

 
2.5

 
 
 
 
 
 
 
 
Derivative instrument gains (losses) included in other nonoperating income (expense)(a)
(0.4
)
 
—

 
(8.1
)
 
—


(a)
Represents loss on foreign currency forward contracts related to 2020 acquisition of business operations from G4S.
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location [Table Text Block]
Amounts under this contract were recognized in other operating income (expense) to offset transaction gains or losses and in interest expense as follows:
 
Three Months 
 Ended June 30,
 
Six Months 
 Ended June 30,
(In millions)
2020
 
2019
 
2020
 
2019
 
 
 
 
 
 
 
 
Derivative instrument gains (losses) included in other operating income (expense)
$
3.7

 
(2.4
)
 
$
29.8

 
1.4

 
 
 
 
 
 
 
 
Offsetting transaction gains (losses)
(3.7
)
 
2.4

 
(29.8
)
 
(1.4
)
 
 
 
 
 
 
 
 
Derivative instrument gains (losses) included in interest expense
(0.3
)
 
(1.3
)
 
(1.0
)
 
(2.7
)
 
 
 
 
 
 
 
 
Net gain (loss) on derivative instrument
3.4

 
(3.7
)
 
28.8

 
(1.3
)
Schedule of Interest Rate Derivatives [Table Text Block]
The effect of these swaps is included in interest expense. The amounts recognized in the 2019 periods were not significant.
(In millions)
Three Months Ended June 30, 2020
 
Six Months Ended June 30, 2020
 
 
 
 
Derivative instrument losses included in interest expense
$
2.1

 
2.9