XML 31 R22.htm IDEA: XBRL DOCUMENT v3.22.1
FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Mar. 31, 2022
Fair Value Disclosures [Abstract]  
Company's population of financial assets and liabilities subject to fair value measurements
The Company’s population of financial assets and liabilities subject to fair value measurements as of March 31, 2022, and December 31, 2021, is as follows:
Fair Value Measurements as of
March 31, 2022
Balance SheetFair Value as ofUsing Fair Value Hierarchy
 ClassificationMarch 31, 2022Level 1Level 2Level 3
Noncontrolling interest putNoncontrolling interest$16.4 $— $16.4 $— 
Cross currency swapsOther liabilities36.7 — 36.7 — 
Interest rate swapsOther liabilities31.3 — 31.3 — 
Cash surrender value of life insurance policiesOther assets, net102.0 — 102.0 — 
Deferred compensation liabilityOther liabilities103.5 — 103.5 — 
Investment in equity securitiesOther current assets5.9 5.9 — — 
Contingent considerationOther liabilities105.2 — — 105.2 
Fair Value Measurements as of
December 31, 2021
Balance SheetFair Value as ofUsing Fair Value Hierarchy
 ClassificationDecember 31, 2021Level 1Level 2Level 3
Noncontrolling interest putNoncontrolling interest$16.3 $— $16.3 $— 
Cross currency swapsOther liabilities32.8 — 32.8 — 
Interest rate swapsOther assets, net2.9 — 2.9 — 
Cash surrender value of life insurance policiesOther assets, net106.4 — 106.4 — 
Deferred compensation liabilityOther liabilities104.4 — 104.4 — 
Investment in equity securitiesOther current assets10.9 10.9 — — 
Contingent considerationOther liabilities21.9 — — 21.9 
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
Fair Value Measurement of Level 3 LiabilitiesContingent Consideration
Balance at December 31, 2021$21.9 
Payments(4.4)
Adjustments(2.3)
Additions90.0 
Balance as of March 31, 2022$105.2