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Fair Value Measurements and Fair Value of Financial Instruments (Tables)
 9 Months Ended
Sep. 30, 2017
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
The following tables present information about the company’s financial assets and liabilities measured at fair value on a recurring basis as of September 30, 2017 and December 31, 2016:
 
 
September 30,

 
Quoted
Prices in
Active
Markets

 
Significant
Other
Observable
 Inputs

 
Significant
Unobservable
Inputs

(In millions)
 
2017

 
(Level 1)

 
(Level 2)

 
(Level 3)

 
 
 
 
 
 
 
 
 
Assets
 
 
 
 
 
 
 
 
Cash equivalents
 
$
80.2

 
$
80.2

 
$
—

 
$
—

Bank time deposits
 
2.0

 
2.0

 
—

 
—

Investments in mutual funds and other similar instruments
 
13.9

 
13.9

 
—

 
—

Warrants
 
4.3

 
—

 
4.3

 
—

Insurance contracts
 
114.7

 
—

 
114.7

 
—

Derivative contracts
 
7.3

 
—

 
7.3

 
—

 
 
 
 
 
 
 
 
 
Total Assets
 
$
222.4

 
$
96.1

 
$
126.3

 
$
—

 
 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
 
Derivative contracts
 
$
121.0

 
$
—

 
$
121.0

 
$
—

Contingent consideration
 
42.8

 
—

 
—

 
42.8

 
 
 
 
 
 
 
 
 
Total Liabilities
 
$
163.8

 
$
—

 
$
121.0

 
$
42.8

 
 
December 31,

 
Quoted
Prices in
 Active
Markets

 
Significant
Other
Observable
 Inputs

 
Significant
 Unobservable
 Inputs

(In millions)
 
2016

 
(Level 1)

 
(Level 2)

 
(Level 3)

 
 
 
 
 
 
 
 
 
Assets
 
 
 
 
 
 
 
 
Cash equivalents
 
$
64.8

 
$
64.8

 
$
—

 
$
—

Bank time deposits
 
2.0

 
2.0

 
—

 
—

Investments in mutual funds and other similar instruments
 
15.5

 
15.5

 
—

 
—

Warrants
 
2.0

 
—

 
2.0

 
—

Insurance contracts
 
102.1

 
—

 
102.1

 
—

Derivative contracts
 
15.8

 
—

 
15.8

 
—

 
 
 
 
 
 
 
 
 
Total Assets
 
$
202.2

 
$
82.3

 
$
119.9

 
$
—

 
 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
 
Derivative contracts
 
$
121.9

 
$
—

 
$
121.9

 
$
—

Contingent consideration
 
3.4

 
—

 
—

 
3.4

 
 
 
 
 
 
 
 
 
Total Liabilities
 
$
125.3

 
$
—

 
$
121.9

 
$
3.4
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
 
 
Fair Value – Assets
 
Fair Value – Liabilities
 
 
September 30,

 
December 31,

 
September 30,

 
December 31,

(In millions)
 
2017

 
2016

 
2017

 
2016

 
 
 
 
 
 
 
 
 
Derivatives Designated as Hedging Instruments
 
 
 
 
 
 
 
Interest rate swaps (a)
 
$
—

 
$
—

 
$
97.6

 
$
109.5

Derivatives Not Designated as Hedging Instruments
 
 
 
 
 
 
 
Currency exchange contracts (b)
 
7.3

 
15.8

 
23.4

 
12.4

(a)
The fair value of the interest rate swaps is included in the consolidated balance sheet under the caption other long-term liabilities.
(b)
The fair value of the currency exchange contracts is included in the consolidated balance sheet under the captions other current assets or other accrued expenses.
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]
 
 
Gain (Loss) Recognized
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30,

 
October 1,

 
September 30,

 
October 1,

(In millions)
 
2017

 
2016

 
2017

 
2016

 
 
 
 
 
 
 
 
 
Derivatives Designated as Fair Value Hedges
 
 
 
 
 
 
 
 
Interest rate swaps - effective portion
 
$
(1.0
)
 
$
4.9

 
$
1.9

 
$
17.0

Interest rate swaps - ineffective portion
 
1.9

 
1.1

 
(3.2
)
 
1.6

Derivatives Not Designated as Hedging Instruments
 
 
 
 
 
 
 
 
Currency exchange contracts
 
 
 
 
 
 
 
 
Included in cost of revenues
 
$
3.7

 
$
(3.7
)
 
$
1.6

 
$
(18.7
)
Included in other expense, net
 
32.3

 
1.2

 
103.6

 
(42.9
)
Fair Value, by Balance Sheet Grouping [Table Text Block]
The carrying value and fair value of the company’s notes receivable and debt obligations are as follows:
 
 
September 30, 2017
 
December 31, 2016
 
 
Carrying

 
Fair

 
Carrying

 
Fair

(In millions)
 
Value

 
Value

 
Value

 
Value

 
 
 
 
 
 
 
 
 
Notes Receivable
 
$
75.0

 
$
79.6

 
$
56.5

 
$
58.7

 
 
 
 
 
 
 
 
 
Debt Obligations:
 
 
 
 
 
 
 
 
Senior notes
 
$
19,922.4

 
$
20,563.0

 
$
14,838.3

 
$
15,184.4

Term loan
 
749.6

 
750.0

 
823.3

 
825.0

Commercial paper
 
1,299.5

 
1,299.5

 
953.3

 
953.3

Other
 
21.2

 
21.2

 
13.0

 
13.0

 
 
 
 
 
 
 
 
 
 
 
$
21,992.7

 
$
22,633.7

 
$
16,627.9

 
$
16,975.7

The fair value of debt obligations was determined based on quoted market prices and on borrowing rates available to the company at the respective period ends which represent level 2 measurements.
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]
The carrying value and fair value of the company’s notes receivable and debt obligations are as follows:
 
 
September 30, 2017
 
December 31, 2016
 
 
Carrying

 
Fair

 
Carrying

 
Fair

(In millions)
 
Value

 
Value

 
Value

 
Value

 
 
 
 
 
 
 
 
 
Notes Receivable
 
$
75.0

 
$
79.6

 
$
56.5

 
$
58.7

 
 
 
 
 
 
 
 
 
Debt Obligations:
 
 
 
 
 
 
 
 
Senior notes
 
$
19,922.4

 
$
20,563.0

 
$
14,838.3

 
$
15,184.4

Term loan
 
749.6

 
750.0

 
823.3

 
825.0

Commercial paper
 
1,299.5

 
1,299.5

 
953.3

 
953.3

Other
 
21.2

 
21.2

 
13.0

 
13.0

 
 
 
 
 
 
 
 
 
 
 
$
21,992.7

 
$
22,633.7

 
$
16,627.9

 
$
16,975.7

The fair value of debt obligations was determined based on quoted market prices and on borrowing rates available to the company at the respective period ends which represent level 2 measurements.