XML 35 R30.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Fair Value Measurements (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2014
Fair Value Disclosures [Abstract] |
Fair Value, Assets and Liabilities Measured on Recurring Basis | The following tables present information about our financial instruments measured at fair value on a recurring basis as of September 30, 2014, and December 31, 2013, and indicates the fair value hierarchy of the valuation techniques utilized to determine such fair value.
| September 30, 2014 |  | Balance Sheet Classification
| Level 1 |  | Level 2 |  | Level 3 |  | Total |
Assets |  |  |  |  |  |  |  |  |
Cash equivalents | $ | 470.5 |  |  | $ | 0.0 |  |  | $ | 0.0 |  |  | $ | 470.5 |  |  | Cash and cash equivalents
Short-term marketable securities | 6.4 |  |  | 0.0 |  |  | 0.0 |  |  | 6.4 |  |  | Marketable securities
Long-term investments | 0.5 |  |  | 0.0 |  |  | 0.0 |  |  | 0.5 |  |  | Other non-current assets
Total | $ | 477.4 |  |  | $ | 0.0 |  |  | $ | 0.0 |  |  | $ | 477.4 |  |  |
As a percentage of total assets | 4.1 | % |  | 0.0 | % |  | 0.0 | % |  | 4.1 | % |  |
Liabilities |  |  |  |  |  |  |  |  |
Mandatorily redeemable noncontrolling interests 1 | $ | 0.0 |  |  | $ | 0.0 |  |  | $ | 28.8 |  |  | $ | 28.8 |  |  |
| December 31, 2013 |  | Balance Sheet Classification
| Level 1 |  | Level 2 |  | Level 3 |  | Total |
Assets |  |  |  |  |  |  |  |  |
Cash equivalents | $ | 761.2 |  |  | $ | 0.0 |  |  | $ | 0.0 |  |  | $ | 761.2 |  |  | Cash and cash equivalents
Short-term marketable securities | 5.3 |  |  | 0.0 |  |  | 0.0 |  |  | 5.3 |  |  | Marketable securities
Long-term investments | 1.6 |  |  | 0.0 |  |  | 0.0 |  |  | 1.6 |  |  | Other non-current assets
Total | $ | 768.1 |  |  | $ | 0.0 |  |  | $ | 0.0 |  |  | $ | 768.1 |  |  |
As a percentage of total assets | 6.0 | % |  | 0.0 | % |  | 0.0 | % |  | 6.0 | % |  |
Liabilities |  |  |  |  |  |  |  |  |
Mandatorily redeemable noncontrolling interests 1 | $ | 0.0 |  |  | $ | 0.0 |  |  | $ | 27.0 |  |  | $ | 27.0 |  |  |
1 | Relates to unconditional obligations to purchase additional noncontrolling equity shares of consolidated subsidiaries. Fair value measurement of the obligation was based upon the amount payable as if the forward contracts were settled. The amount redeemable within the next twelve months is classified in accrued liabilities; any interests redeemable thereafter are classified in other non-current liabilities.
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation | The following table presents additional information about financial instruments measured at fair value on a recurring basis and for which we utilize Level 3 inputs to determine fair value for the three and nine months ended September 30, 2014.
| Three months ended September 30, |  | Nine months ended September 30,
Liabilities | 2014 |  | 2013 |  | 2014 |  | 2013
Mandatorily redeemable noncontrolling interests - Balance at beginning of period | $ | 28.7 |  |  | $ | 25.7 |  |  | $ | 27.0 |  |  | $ | 25.3 |
Level 3 additions | 0.0 |  |  | 0.0 |  |  | 2.5 |  |  | 1.0 |
Level 3 reductions | 0.0 |  |  | 0.0 |  |  | (0.6 | ) |  | (0.9 | )
Realized losses/(gains) included in net income | 0.1 |  |  | 0.3 |  |  | (0.1 | ) |  | 0.6 |
Mandatorily redeemable noncontrolling interests - Balance at end of period | $ | 28.8 |  |  | $ | 26.0 |  |  | $ | 28.8 |  |  | $ | 26.0 |
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis | The following table presents information about our financial instruments that are not measured at fair value on a recurring basis as of September 30, 2014, and December 31, 2013, and indicates the fair value hierarchy of the valuation techniques utilized to determine such fair value.
| September 30, 2014 |  | December 31, 2013
| Level 1 |  | Level 2 |  | Level 3 |  | Total |  | Level 1 |  | Level 2 |  | Level 3 |  | Total
Total long-term debt | $ | 0.0 |  |  | $ | 1,558.4 |  |  | $ | 86.6 |  |  | $ | 1,645.0 |  |  | $ | 0.0 |  |  | $ | 1,367.5 |  |  | $ | 87.8 |  |  | $ | 1,455.3 |

X
- Definition Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19296-110258 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19279-110258 + Details
Name: | us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19190-110258 + Details
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration