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Derivatives and Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Recorded Amounts and Estimated Fair Values of Long-term Debt and Derivative Financial Instruments The recorded amounts and estimated fair values of total debt, excluding unamortized issuance costs and discounts, were as follows:
September 30,
2023
December 31,
2022
In millionsRecorded
Amount
Fair
Value
Recorded
Amount
Fair
Value
Variable rate debt$573.8 $573.8 $288.8 $288.8 
Fixed rate debt1,300.0 1,182.2 800.0 717.7 
Total debt$1,873.8 $1,756.0 $1,088.8 $1,006.5 
Financial Assets and Liabilities Measured at Fair Value on Recurring Basis
Financial assets and liabilities measured at fair value on a recurring basis were as follows:
Recurring fair value measurementsSeptember 30, 2023
In millionsLevel 1Level 2Level 3NAVTotal
Cross currency swap liabilities$— $(6.0)$— $— $(6.0)
Cross currency swap assets— 9.2 — — 9.2 
Foreign currency contract liabilities— (1.2)— — (1.2)
Foreign currency contract assets— 1.1 — — 1.1 
Deferred compensation plan assets11.9 — — 5.5 17.4 
Total recurring fair value measurements$11.9 $3.1 $— $5.5 $20.5 
Recurring fair value measurementsDecember 31, 2022
In millionsLevel 1Level 2Level 3NAVTotal
Cross currency swap liabilities$— $(4.8)$— $— $(4.8)
Cross currency swap assets— 22.4 — — 22.4 
Foreign currency contract liabilities— (1.5)— — (1.5)
Foreign currency contract assets— 0.5 — — 0.5 
Deferred compensation plan assets11.8 — — 4.9 16.7 
Total recurring fair value measurements$11.8 $16.6 $— $4.9 $33.3