XML 51 R36.htm IDEA: XBRL DOCUMENT v3.10.0.1

Fair Value (Tables)

12 Months Ended

Dec. 31, 2018

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

FINANCIAL INSTRUMENTS The estimated fair values of our financial assets and liabilities that are recognized at fair value on a recurring basis, using available market information and other observable data are as follows:

	December 31, 2018								December 31, 2017
	Carrying Amount				Fair Value				Carrying Amount				Fair Value				Input
	(in millions)
Balance Sheet Classification
Cash equivalents	$	44.0			$	44.0			$	72.8			$	72.8			Level 1
Prepaid expenses and other
Cash flow hedges - currency forward contracts	1.3				1.3				0.1				0.1				Level 2
Cash flow hedges - variable-to-fixed interest rate swap	0.9				0.9				1.3				1.3				Level 2
Nondesignated - currency forward contracts	0.6				0.6				—				—				Level 2
Other assets and deferred charges
Cash flow hedges - currency forward contracts	0.4				0.4				0.2				0.2				Level 2
Cash flow hedges - variable-to-fixed interest rate swap	1.6				1.6				0.9				0.9				Level 2
Accrued expenses and other
Cash flow hedges - currency forward contracts	0.8				0.8				6.0				6.0				Level 2
Cash flow hedges - variable-to-fixed interest rate swap	0.7				0.7				—				—				Level 2
Nondesignated - currency forward contracts	0.4				0.4				2.8				2.8				Level 2
Postretirement benefits and other long-term liabilities
Cash flow hedges - currency forward contracts	0.9				0.9				2.6				2.6				Level 2
Cash flow hedges - variable-to-fixed interest rate swap	6.9				6.9				0.3				0.3				Level 2

Fair Value, by Balance Sheet Grouping [Table Text Block]

We estimated the fair value of our outstanding debt using available market information and other observable data to be as follows:

	December 31, 2018								December 31, 2017
	Carrying Amount				Fair Value				Carrying Amount				Fair Value				Input
	(in millions)
Revolving Credit Facility	$	—			$	—			$	—			$	—			Level 2
Term Loan A Facility	83.8				79.5				92.5				92.5				Level 2
Term Loan B Facility	1,511.2				1,420.6				1,526.8				1,528.7				Level 2
7.75% Notes due 2019	100.0				102.1				200.0				217.5				Level 2
6.625% Notes due 2022	450.0				444.4				550.0				570.2				Level 2
6.50% Notes due 2027	500.0				446.3				500.0				527.5				Level 2
6.25% Notes due 2026	400.0				358.0				—				—				Level 2
6.25% Notes due 2025	700.0				636.7				700.0				736.8				Level 2
6.25% Notes due 2021	—				—				400.0				410.0				Level 2

Fair Value Measurements, Nonrecurring [Table Text Block]

The following table summarizes the impairments of long-lived assets measured at fair value on a nonrecurring basis subsequent to initial recognition:

		December 31, 2018								December 31, 2017
Balance Sheet Classification		Fair Value				Asset Impairment				Fair Value				Asset Impairment
		(in millions)
Property, plant and equipment, net		$	—			$	28.8			$	—			$	1.5
Other assets and deferred charges		—				1.2				—				—

X

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:	us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (bbb)
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19190-110258

+ Details

Name:	us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=109250915&loc=d3e13467-108611

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258

+ Details

Name:	us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19190-110258

+ Details

Name:	us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration