XML 61 R39.htm IDEA: XBRL DOCUMENT
v3.20.4

Fair Value Measurements (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Fair Value Disclosures [Abstract] |
Summary of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis | The following table summarizes the Company's financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2020:
(in millions) | Level 1 |  | Level 2 |  | Total
Assets: |  |  |  |  |
Cash equivalents | $ | 19.3 |  |  | $ | — |  |  | $ | 19.3 |
Short-term investments in marketable securities | 56.7 |  |  | — |  |  | 56.7 |
Restricted cash | 10.7 |  |  | — |  |  | 10.7 |
Derivatives | — |  |  | 2.2 |  |  | 2.2 |
Total assets | $ | 86.7 |  |  | $ | 2.2 |  |  | $ | 88.9 |
Liabilities: |  |  |  |  |
Derivatives | $ | — |  |  | $ | 12.0 |  |  | $ | 12.0 |
Deferred compensation | 1.1 |  |  | 18.7 |  |  | 19.8 |
Total liabilities at fair value | $ | 1.1 |  |  | $ | 30.7 |  |  | $ | 31.8 |
Liabilities measured at net asset value |  |  |  |  | 10.7 |
Total liabilities |  |  |  |  | $ | 42.5 |
The following table summarizes the Company's financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2019:
(in millions) | Level 1 |  | Level 2 |  | Total
Assets: |  |  |  |  |
Cash equivalents | $ | 0.3 |  |  | $ | — |  |  | $ | 0.3 |
Short-term investments in marketable securities | 0.8 |  |  | — |  |  | 0.8 |
Restricted cash | 11.6 |  |  | — |  |  | 11.6 |
Derivatives | — |  |  | 4.2 |  |  | 4.2 |
Total assets | $ | 12.7 |  |  | $ | 4.2 |  |  | $ | 16.9 |
Liabilities: |  |  |  |  |
Derivatives | $ | — |  |  | $ | 3.2 |  |  | $ | 3.2 |
Deferred compensation | 1.2 |  |  | 18.8 |  |  | 20.0 |
Total liabilities at fair value | $ | 1.2 |  |  | $ | 22.0 |  |  | $ | 23.2 |
Liabilities measured at net asset value |  |  |  |  | 8.5 |
Total liabilities |  |  |  |  | $ | 31.7 |
Refer to Note 14 – Financial Instruments for additional information related to the fair value of derivative assets and liabilities by class. In addition to the items shown in the tables above, see Note 17 – Postretirement Benefits for further discussion regarding the fair value measurements associated with the Company's postretirement benefit plans.

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration