v3.8.0.1
Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2017
Fair Value Disclosures [Abstract]  
Fair Value Hierarchy for Financial Assets
The following table represents our fair value hierarchy for our financial assets (cash equivalents and marketable securities) measured at fair value on a recurring basis as of December 31, 2017 (in millions):
 
 
Fair Value Measurements Using
 
Level 1
 
Level 2
 
Level 3
 
Total
Cash equivalents
$
306.6

 
$
38.0

 
$

 
$
344.6

Marketable securities, available for sale
 
 
 
 
 
 
 
U.S. government agencies

 
87.3

 

 
87.3

Commercial paper

 
14.7

 

 
14.7

Corporate debt

 
5.1

 

 
5.1

Total marketable securities, available for sale
$

 
$
107.1

 
$

 
$
107.1

The following table represents our fair value hierarchy for our financial assets (cash equivalents and marketable securities) measured at fair value on a recurring basis as of December 31, 2016 (in millions):
 
 
Fair Value Measurements Using
 
Level 1
 
Level 2
 
Level 3
 
Total
Cash equivalents
$

 
$
32.3

 
$

 
$
32.3

Marketable securities, available for sale
 
 
 
 
 
 
 
U.S. government agencies

 
22.2

 

 
22.2

Corporate debt

 
3.8

 

 
3.8

Commercial paper

 
3.2

 

 
3.2

Total marketable securities, available for sale
$

 
$
29.2

 
$

 
$
29.2