Basis of fair value measurements | |||||||||||||||||
(millions of dollars) | Balance at December 31, 2013 | Quoted prices in active markets for identical items (Level 1) | Significant other observable inputs (Level 2) | Significant unobservable inputs (Level 3) | Valuation technique | ||||||||||||
U.S. Plans: | |||||||||||||||||
Fixed income securities | $ | 147.2 | $ | — | $ | 147.2 | $ | — | A | ||||||||
Equity securities | 100.9 | 50.5 | 50.4 | — | A | ||||||||||||
Real estate and other | 26.0 | — | 26.0 | — | A | ||||||||||||
$ | 274.1 | $ | 50.5 | $ | 223.6 | $ | — | ||||||||||
Non-U.S. Plans: | |||||||||||||||||
Fixed income securities | $ | 143.7 | $ | — | $ | 143.7 | $ | — | A | ||||||||
Equity securities | 188.2 | 70.5 | 117.7 | — | A | ||||||||||||
Real estate and other | 13.1 | — | 13.1 | — | A | ||||||||||||
$ | 345.0 | $ | 70.5 | $ | 274.5 | $ | — |
Basis of fair value measurements | |||||||||||||||||
(millions of dollars) | Balance at December 31, 2012 | Quoted prices in active markets for identical items (Level 1) | Significant other observable inputs (Level 2) | Significant unobservable inputs (Level 3) | Valuation technique | ||||||||||||
U.S. Plans: | |||||||||||||||||
Fixed income securities | $ | 157.4 | $ | — | $ | 157.4 | $ | — | A | ||||||||
Equity securities | 100.0 | 48.9 | 51.1 | — | A | ||||||||||||
Real estate and other | 25.3 | — | 25.3 | — | A | ||||||||||||
$ | 282.7 | $ | 48.9 | $ | 233.8 | $ | — | ||||||||||
Non-U.S. Plans: | |||||||||||||||||
Fixed income securities | $ | 67.3 | $ | — | $ | 67.3 | $ | — | A | ||||||||
Equity securities | 99.0 | — | 99.0 | — | A | ||||||||||||
Real estate and other | 11.6 | — | 11.6 | — | A | ||||||||||||
$ | 177.9 | $ | — | $ | 177.9 | $ | — |