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Fair value measurements (Tables)
6 Months Ended
Jun. 30, 2016
Fair Value Disclosures [Abstract]  
Fair Value Measurements, Recurring
The following information is presented for assets and liabilities that are recorded in the Consolidated and Combined Balance Sheets at fair value measured on a recurring basis. There were no liabilities recorded at fair value measured on a recurring basis as of December 31, 2015. There were no significant transfers of assets and liabilities that are recorded at fair value between Level 1 and Level 2 during the period reported.

In millions
Level 1(1)
 
Level 2(2)
 
Level 3(3)
 
Total
June 30, 2016
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
Cash equivalents
$
5.1

 
$

 
$

 
$
5.1

Liabilities:
 
 
 
 
 
 
 
Deferred compensation arrangement (4)
$
0.3

 
$

 
$

 
$
0.3

December 31, 2015
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
Cash equivalents
$
10.0

 
$

 
$

 
$
10.0

______________
(1)
Quoted prices in active markets for identical assets.
(2)
Quoted prices for similar assets and liabilities in active markets.
(3)
Significant unobservable inputs.
(4)
Included within "Other liabilities" on the Consolidated and Combined Balance Sheet.