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Fair Value Measurements Fair Value Measurements (Tables) | 12 Months Ended
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Dec. 31, 2019
Fair Value Disclosures [Abstract] |
Financial Assets And Liabilities Measured At Fair Value On a Recurring Basis | The following table summarizes the Company’s assets and liabilities measured on a recurring basis in accordance with the Fair Value Measurements and Disclosures Topic of the ASC:
| Fair Value at December 31, 2019 |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3)
Assets: |  |  |  |  |  |  |
Deferred compensation plan assets (1) | $ | 61.1 |  |  | $ | 29.9 |  |  | $ | 31.2 |  |  |
Net investment hedge asset (2) | 1.5 |  |  |  |  | 1.5 |  |  |
| $ | 62.6 |  |  | $ | 29.9 |  |  | $ | 32.7 |  |  | — |
Liabilities: |  |  |  |  |  |  |
Deferred compensation plan liabilities (3) | $ | 76.9 |  |  | $ | 76.9 |  |  |  |  |
| $ | 76.9 |  |  | $ | 76.9 |  |  | — |  |  | — |
(1) | The deferred compensation plan assets consists of the investment funds maintained for the future payments under the Company’s executive deferred compensation plans, which are structured as rabbi trusts. The investments are marketable securities accounted for under the Debt and Equity Securities Topic of the ASC. The level 1 investments are valued using quoted market prices multiplied by the number of shares. The level 2 investments are valued based on vendor quotes. The cost basis of the investment funds is $54.8 million.
(2) | The net investment hedge asset is the fair value of the cross currency swap (see Note 1). The fair value is based on a valuation model that uses observable inputs, including interest rate curves and foreign currency rate.
(3) The deferred compensation plan liabilities are the Company’s liabilities under its deferred compensation plans. The liabilities represent the fair value of the participant shadow accounts, and the value is based on quoted market prices in active markets for identical assets.
Carrying Amount and Fair Value of Debt | The table below summarizes the carrying amounts and fair values of the Company's publicly traded debt and non-traded debt.
| December 31,
| 2019 |  | 2018 |  | 2017
| Carrying Amount |  | Fair Value |  | Carrying Amount |  | Fair Value |  | Carrying Amount |  | Fair Value
Publicly traded debt | $ | 8,203.2 |  |  | $ | 8,735.8 |  |  | $ | 8,731.7 |  |  | $ | 8,330.2 |  |  | $ | 8,742.7 |  |  | $ | 9,054.3 |
Non-traded debt | 277.3 |  |  | 270.7 |  |  | 283.6 |  |  | 272.7 |  |  | 1,144.2 |  |  | 1,088.6 |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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- 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://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
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