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Fair Value (Tables)
12 Months Ended
Dec. 31, 2017
Fair Value Disclosures [Abstract]  
Financial Assets And Liabilities Measured At Fair Value On A Recurring Basis
Financial assets and liabilities measured at fair value on a recurring basis are summarized below (in millions).
 
 
Fair Value Measurement
 
 
December 31, 2017
 
December 31, 2016
(in millions)
 
Level 1
 
Level 2
 
Level 3
 
Fair Value
 
Level 1
 
Level 2
 
Level 3
 
Fair Value
Assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivative assets
 
$

 
$
27.4

 
$

 
$
27.4

 
$

 
$
9.3

 
$

 
$
9.3

Equity securities (1)
 
8.4

 

 

 
8.4

 
9.8

 

 

 
9.8

Total Assets
 
$
8.4

 
$
27.4

 
$

 
$
35.8

 
$
9.8

 
$
9.3

 
$

 
$
19.1

Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivative liabilities
 
$


$
0.8

 
$

 
$
0.8

 
$

 
$
2.9

 
$

 
$
2.9

Total liabilities
 
$

 
$
0.8

 
$

 
$
0.8

 
$

 
$
2.9

 
$

 
$
2.9


(1) Balance represents the market value of the assets, exclusive of the market value of restricted stock and restricted stock units held ("Deferred Stock") and the General Cable Stock Fund by participants’ elections, held in the Rabbi Trust in connection with the Company's deferred compensation plan at December 31, 2017 and December 31, 2016 classified as “other non-current assets” in the Consolidated Balance Sheets. The market value of mutual fund investments and the General Cable Stock Fund in the Rabbi Trust was $17.9 million and $17.2 million as of December 31, 2017 and December 31, 2016, respectively. Amounts payable to the plan participants at December 31, 2017 and December 31, 2016, excluding the Deferred Stock, were $9.4 million and $11.0 million, respectively, and are classified as “Other liabilities” in the Consolidated Balance Sheets.