XML 73 R43.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Derivatives and Hedging Activities (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2014
Derivative Instruments And Hedging Activities Disclosure [Abstract] |
Fair Value of Derivative Instruments | The following table details the fair value of our derivative instruments included on our consolidated balance sheets.
|  | Fair Value of Asset |  |  | Fair Value of (Liability) |
|  | Derivatives (1) |  |  | Derivatives (1) |
|  | December 31, |  |  | December 31, |  |  | December 31, |  |  | December 31, |
(In millions) |  | 2014 |  |  | 2013 |  |  | 2014 |  |  | 2013 |
Derivatives designated as hedging instruments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency forward contracts (cash flow hedges) |  | $ | 4.3 |  |  | $ | 3.4 |  |  | $ | (0.4 | ) |  | $ | (1.4 | )
Interest rate swaps (fair value hedges) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (1.0 | )
Interest rate and currency swaps (cash flow hedges) |  |  | 17.8 |  |  |  | — |  |  |  | — |  |  |  | — |
Derivatives not designated as hedging instruments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency forward contracts |  |  | 41.3 |  |  |  | 7.1 |  |  |  | (67.6 | ) |  |  | (49.1 | )
Total |  | $ | 63.4 |  |  | $ | 10.5 |  |  | $ | (68.0 | ) |  | $ | (51.5 | )
(1) | Asset derivatives are included in other assets and liability derivatives are included in other liabilities.
Effect of Derivative Instruments on Condensed Consolidated Statements of Operations | The following table details the effect of our derivative instruments on our consolidated statements of operations.
|  | Amount of Gain (Loss) Recognized in |
|  | Earnings on Derivatives |
|  | Year Ended December 31, |
(In millions) |  | 2014 |  |  | 2013 |  |  | 2012 |
Derivatives designated as hedging instruments: |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency forward contracts (cash flow hedges)(1) |  | $ | 1.9 |  |  | $ | 2.7 |  |  | $ | (0.1 | )
Interest rate and currency swaps (cash flow hedges)(2) |  |  | 13.5 |  |  |  | — |  |  |  | — |
Treasury locks (cash flow hedges)(3) |  |  | 0.1 |  |  |  | 0.1 |  |  |  | 1.7 |
Sub-total cash flow hedges |  |  | 15.5 |  |  |  | 2.8 |  |  |  | 1.6 |
Interest rate swaps (fair value hedges) |  |  | 1.8 |  |  |  | — |  |  |  | 1.0 |
Derivatives not designated as hedging instruments: |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency forward contracts |  |  | (15.2 | ) |  |  | (8.5 | ) |  |  | 4.6 |
Total |  | $ | 2.1 |  |  | $ | (5.7 | ) |  | $ | 7.2 |
— | Amounts recognized on the foreign currency forward contracts were included in other income (expense), net.
· | Amounts recognized on the interest rate and currency swaps included a $16.5 million gain which offset a loss on the remeasurement of the hedged debt, which is included in other income (expense), net and interest expense of $3 million related to the hedge of the interest payments.
— | Amounts recognized on the treasury locks were included in interest expense.

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

X
- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=35706170&loc=SL5618551-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=35706170&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=35706170&loc=SL5624163-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration