The table below summarizes our derivative assets and liabilities that were measured at fair value as of December 31, 2019 and December 31, 2018. See  Note 1, "Basis of Presentation and Summary of Significant Accounting Policies"  for further discussion related to measuring the fair value of derivative instruments. As of December 31, 2019 and December 31, 2018, we had no significant transfers between Level 1 and Level 2. New derivative contracts transacted during 2019 were all included in Level 2. 131 Fair Value Measurements as of December 31, 2019 Total as of December 31, 2019 Quoted prices in active markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) (In millions) Cross currency swaps $ 10.0 $ — $ 10.0 $ — Interest rate swaps (111.5) — (111.5) — Foreign currency forwards 2.1 — 2.1 — Commodity swaps and options (41.2) — (41.2) — Warrants 2.7 — 2.7 — Total $ (137.9) $ — $ (137.9) $ — Fair Value Measurements as of December 31, 2018 Total as of December 31, 2018 Quoted prices in active markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) (In millions) Cross currency swaps $ 36.5 $ — $ 36.5 $ — Interest rate swaps (12.3) — (12.3) — Foreign currency forwards 16.3 — 16.3 — Commodity swaps and options (42.0) — (42.0) — Warrants 19.6 — 19.6 — Total $ 18.1 $ — $ 18.1 $ —