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Fair Value
 6 Months Ended
Jun. 30, 2012
Fair Value [Abstract]  
Fair Value Disclosures [Text Block]
FAIR VALUE

The fair value accounting guidance defines fair value as “the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.”  The definition is based on an exit price rather than an entry price, regardless of whether the entity plans to hold or sell the asset.  This guidance also establishes a fair value hierarchy to prioritize inputs used in measuring fair value as follows:

•
Level 1:  Observable inputs such as quoted prices in active markets;
•
Level 2:  Inputs, other than quoted prices in active markets, that are observable either directly or indirectly; and
•
Level 3:  Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions.

Financial instruments   The estimated fair value of our financial assets and liabilities that are recognized at fair value on a recurring basis, using available market information and other observable data, as of June 30, 2012, are as follows:
 
 
 
June 30, 2012
 
December 31, 2011
 
 
 
 
  Carrying Amount
 
Fair Value
 
Carrying Amount
 
Fair Value
 
Input
 
 
(in millions)
 
  (in millions)
 
 
Balance Sheet Classification
 
 
 
 
 
 
 
 
 
 
Cash equivalents
 
$
2.6

 
$
2.6

 
$
36.0

 
$
36.0

 
Level 1
Prepaid expenses and other current
    assets
 
 

 
 

 
 

 
 

 
 
Currency forward contracts
 
1.3

 
1.3

 
0.1

 
0.1

 
Level 2
Other assets and deferred charges
 
 
 
 
 
 
 
 
 
 
Currency forward contracts
 
0.3

 
0.3

 
0.1

 
0.1

 
Level 2
Other accrued expenses
 
 
 
 
 
 
 
 
 
 
     Currency forward contracts
 
1.5

 
1.5

 
5.6

 
5.6

 
Level 2

 
The carrying value of our cash, accounts receivable, accounts payable and accrued liabilities approximates their fair values due to the short-term maturities of these instruments.  The carrying value of our borrowings under the foreign credit facilities approximates their fair value due to the frequent resetting of the interest rates.  We estimated the fair value of the amounts outstanding on our debt using available market information and other observable data, to be as follows:
 
 
 
June 30, 2012
 
December 31, 2011
 
 
 
 
Carrying  Amount
 
Fair Value
 
Carrying  Amount
 
Fair Value
 
 
Input
 
 
(in millions)
 
(in millions)
 
 
 
 
 
 
 
 
 
 
 
 
 
9.25% Notes
 
$
379.3

 
$
426.5

 
$
379.0

 
$
415.0

 
Level 2
7.875% Notes
 
300.0

 
309.8

 
300.0

 
295.5

 
Level 2
7.75% Notes
 
200.0

 
210.5

 
200.0

 
195.0

 
Level 2
5.25% Notes
 
249.9

 
256.9

 
249.9

 
243.8

 
Level 2