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Fair Value Measurements and Other Financial Instruments (Tables) | 12 Months Ended
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Dec. 31, 2016
Fair Value Disclosures [Abstract] |
Fair Value Hierarchy of Financial Instruments | The fair value of our financial instruments, using the fair value hierarchy under U.S. GAAP detailed in “Fair Value Measurements,” of Note 2, “Summary of Significant Accounting Policies and Recently Issued Accounting Standards,” of the Notes to the Consolidated Financial Statements are included in the table below.
|  | December 31, 2016 |
(In millions) |  | Total Fair Value |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Cash equivalents |  | $ | 71.3 |  |  | $ | 71.3 |  |  | $ | — |  |  | $ | — |
Compensating balance deposits |  | $ | 52.9 |  |  | $ | 52.9 |  |  | $ | — |  |  | $ | — |
Derivative financial and hedging instruments net asset (liability): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency forward and option contracts |  | $ | 4.7 |  |  | $ | — |  |  | $ | 4.7 |  |  | $ | — |
Interest rate and currency swaps |  | $ | 23.9 |  |  | $ | — |  |  | $ | 23.9 |  |  | $ | — |
Cross-currency swaps |  | $ | (5.3 | ) |  | $ | — |  |  | $ | (5.3 | ) |  | $ | — |
|  | December 31, 2015 |
(In millions) |  | Total Fair Value |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Cash equivalents |  | $ | 56.3 |  |  | $ | 48.3 |  |  | $ | 8.0 |  |  | $ | — |
Compensating balance deposits |  | $ | 56.5 |  |  | $ | 56.5 |  |  | $ | — |  |  | $ | — |
Derivative financial and hedging instruments net asset (liability): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency forward contracts |  | $ | (16.5 | ) |  | $ | — |  |  | $ | (16.5 | ) |  | $ | — |
Interest rate and currency swaps |  | $ | 44.0 |  |  | $ | — |  |  | $ | 44.0 |  |  | $ | — |
Cross-currency swaps |  | $ | (12.0 | ) |  | $ | — |  |  | $ | (12.0 | ) |  | $ | — |
Carrying Amounts and Estimated Fair Values of Debt | The table below shows the carrying amounts and estimated fair values of our total debt:
|  | December 31, 2016 |  |  | December 31, 2015 |
|  | Carrying |  |  | Fair |  |  | Carrying |  |  | Fair |
(In millions) |  | Amount |  |  | Value |  |  | Amount(2) |  |  | Value |
Term Loan A Facility due July 2017 |  | $ | 249.9 |  |  | $ | 249.9 |  |  | $ | 249.7 |  |  | $ | 249.7 |
Term Loan A Facility due July 2019(1) |  |  | 1,067.8 |  |  |  | 1,067.8 |  |  |  | 1,103.8 |  |  |  | 1,103.8 |
6.50% Senior Notes due December 2020 |  |  | 423.1 |  |  |  | 477.3 |  |  |  | 422.7 |  |  |  | 473.7 |
4.875% Senior Notes due December 2022 |  |  | 419.6 |  |  |  | 437.6 |  |  |  | 418.9 |  |  |  | 426.5 |
5.25% Senior Notes due April 2023 |  |  | 419.7 |  |  |  | 441.1 |  |  |  | 419.0 |  |  |  | 436.2 |
4.50% Senior Notes due September 2023(1) |  |  | 416.7 |  |  |  | 453.4 |  |  |  | 432.9 |  |  |  | 452.7 |
5.125% Senior Notes due December 2024 |  |  | 420.2 |  |  |  | 437.3 |  |  |  | 419.7 |  |  |  | 427.6 |
5.50% Senior Notes due September 2025 |  |  | 396.4 |  |  |  | 418.8 |  |  |  | 396.1 |  |  |  | 410.2 |
6.875% Senior Notes due July 2033 |  |  | 445.3 |  |  |  | 462.7 |  |  |  | 445.2 |  |  |  | 462.7 |
Other foreign loans(1) |  |  | 78.9 |  |  |  | 79.2 |  |  |  | 165.7 |  |  |  | 165.8 |
Other domestic loans |  |  | 21.4 |  |  |  | 21.3 |  |  |  | 87.9 |  |  |  | 88.2 |
Total debt |  | $ | 4,359.0 |  |  | $ | 4,546.4 |  |  | $ | 4,561.6 |  |  | $ | 4,697.1 |
(1) | Includes borrowings denominated in currencies other than U.S. dollars.
(2) | As of January 1, 2016, we have adopted ASU 2015-03 and ASU 2015-15 which resulted in $35.9 million of unamortized debt issuance costs being reclassified from other assets to long-term debt as of December 31, 2015. Additionally, certain amounts related to external payment terms were misclassified in the Consolidated Balance Sheet. The revision of this item resulted in a decrease in accounts payable and an increase in short-term borrowings of $6.3 million as of December 31, 2015. See Note 2, “Summary of Significant Accounting Policies and Recently Issued Accounting Standards” of the Notes to Consolidated Financial Statements for additional information related to this adoption.

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- Definition Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19279-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bb) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2C -URI http://asc.fasb.org/extlink&oid=66048111&loc=SL7498348-110258 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258 + Details
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- Definition Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements. + References No definition available. + Details
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