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FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Sep. 30, 2017
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value Recurring Basis
The following tables present our assets and liabilities that are measured at fair value on a recurring basis at September 30, 2017 (Successor) (in millions).
 
Fair Value Measurements
 
Successor as of
 
September 30, 2017
Assets
Total
 
Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Marketable securities (Other assets)
$
9.3

 
$
9.3

 
$

 
$

Derivative contracts
3.6

 

 
0.5

 
3.1

Total
$
12.9

 
$
9.3

 
$
0.5

 
$
3.1

 
 
Fair Value Measurements at
 
Successor as of
 
September 30, 2017
Liabilities
Total
 
Quoted Prices
in Active
Markets for
Identical
Liabilities
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Derivative contracts
$
0.5

 
$

 
$
0.1

 
$
0.4

Total
$
0.5

 
$

 
$
0.1

 
$
0.4


We had no liabilities measured at fair value on a recurring basis at December 31, 2016 (Predecessor). The following table presents our assets that are measured at fair value on a recurring basis at December 31, 2016 (Predecessor) (in millions).

 
Fair Value Measurements
 
Predecessor as of
 
December 31, 2016
Assets
Total
 
Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Marketable securities (Other assets)
$
8.7

 
$
8.7

 
$

 
$

Total
$
8.7

 
$
8.7

 
$

 
$

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation
The table below presents a reconciliation for assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the period from March 1, 2017 through September 30, 2017 (Successor) and the period from January 1, 2017 through February 28, 2017 (Predecessor) (in millions).
 
 
Hedging Contracts, net
Balance as of January 1, 2017 (Predecessor)
 
$

Total gains/(losses) (realized or unrealized):
 
 
Included in earnings
 
(0.6
)
Included in other comprehensive income
 

Purchases, sales, issuances and settlements
 
3.7

Transfers in and out of Level 3
 

Balance as of February 28, 2017 (Successor)
 
3.1

Total gains/(losses) (realized or unrealized):
 
 
Included in earnings
 
(1.3
)
Included in other comprehensive income
 

Purchases, sales, issuances and settlements
 
1.0

Transfers in and out of Level 3
 

Balance as of September 30, 2017 (Successor)
 
$
2.8

The amount of total gains/(losses) for the period included in earnings (derivative income) attributable to the change in unrealized gain/(losses) relating to derivatives still held at September 30, 2017
 
$
(1.7
)