XML 23 R33.htm IDEA: XBRL DOCUMENT v2.4.0.8
Derivative Instruments And Hedging Activities (Tables)
12 Months Ended
Dec. 31, 2013
Derivative Instruments and Hedges, Assets [Abstract]  
Effect Of Derivative Financial Instruments On The Statements Of Income And Comprehensive Income
The tables below present the effect of our derivative financial instruments in the consolidated statements of income and comprehensive income for the years ended December 31 (in millions).
Effect of Derivative Instruments
 
 
Derivatives in 
Cash Flow
Hedging Relationships
Unrealized (Loss) 
Recognized
in Other Comprehensive
Income (“OCI”) on
Derivative (Effective
Portion)
 
Location of Loss
Reclassified from
Accumulated OCI 
into
Income (Effective
Portion)
 
Amount of Loss Reclassified
from Accumulated OCI into
Income (Effective Portion)
 
Location of Loss
Recognized in 
Statements
of Income (Discontinuation, Ineffective
Portion and Amount
Excluded from
Effectiveness Testing)
Amount of Loss 
Recognized in
Statements of Income
(Discontinuation, Ineffective
Portion and Amount
Excluded from Effectiveness
Testing)
 
2011
 
 
 
2011
 
 
 
2011
Interest Rate Swaps (1)
$
(2.7
)
 
Interest Expense
 
$
9.9

 
Loss on discontinuation of
hedging relationship
 
$
29.8

 (1)    The results include the interest rate swap gain (loss) prior to discontinuation in May 2011.
We did not have any designated hedges during the years ended December 31, 2013 and 2012. No portion of designated hedges was ineffective during the year ended December 31, 2011.
Derivatives Not Designated as Hedging
Instruments
Location of Gain/(Loss)
Recognized in Statements
of Income
 
Amount of (Loss) Recognized
in Statements of Income
2012
 
2011
Interest Rate Cap
Other income/(loss)
 
$
(0.1
)
 
$
(0.1
)
Interest Rate Swap
Other income/(loss)
 
(0.7
)
 
(0.2
)

We recognized no income or loss during the year ended December 31, 2013 related to non-designated derivatives.