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FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Mar. 31, 2021
Fair Value Disclosures [Abstract]  
Financial assets and liabilities measured at fair value on a recurring basis The following table presents the Company’s financial assets and liabilities that are measured at fair value on a recurring basis, categorized using the fair value hierarchy.
March 31, 2021December 31, 2020
TotalLevel 1Level 2Level 3TotalLevel 1Level 2Level 3
Assets:
Deferred compensation plan assets$72.2 $39.4 $32.8 $69.2 $37.9 $31.3 
Qualified Replacement Plan assets87.1 87.1 161.5 161.5 
$159.3 $126.5 $32.8 $— $230.7 $199.4 $31.3 $— 
Liabilities:
Deferred compensation plan liabilities$95.0 $95.0 $92.2 $92.2 
Net investment hedge liability55.2 $55.2 85.8 $85.8 
$150.2 $95.0 $55.2 $— $178.0 $92.2 $85.8 $— 
Schedule of debt
The table below summarizes the carrying amounts and fair values of the Company's debt. The Company's publicly traded debt and non-publicly traded debt are classified as level 1 and level 2, respectively, in the fair value hierarchy.
March 31, 2021December 31, 2020
 Carrying
Amount
Fair
Value
Carrying
Amount
Fair
Value
Publicly traded debt$8,265.2 $8,912.0 $8,265.2 $9,707.0 
Non-publicly traded debt25.7 25.2 26.8 26.5