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DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Tables) | 9 Months Ended
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Sep. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance | The following tables demonstrate the impact of the Company’s derivatives on the Consolidated Statements of Income and Comprehensive Income for the three and nine months ended September 30, 2014 and 2013.
|  |  | Three Months Ended September 30,
| Income Statement Location |  | 2014 |  | 2013
Derivatives designated as cash flow hedges: |  |  |  |  |
Foreign currency exchange contracts | Other comprehensive income (loss) |  | $ | (2,537 | ) |  | $ | 2,602 |
| Other operating (income) expense |  | — |  |  | 619 |
Foreign currency option contracts | Other comprehensive income (loss) |  | (2,227 | ) |  | 832 |
Derivatives not designated as hedging instruments: |  |  |  |
Foreign currency exchange contracts | Other operating (income) expense |  | $ | — |  |  | $ | (360 | )
Foreign currency option contracts | Other operating (income) expense |  | — |  |  | (480 | )
Interest rate swaps | Interest and miscellaneous (expense) income, net |  | (1,765 | ) |  | 2,079 |
Fuel hedge contracts | Cost of sales (benefit) |  | (62 | ) |  | 162 |
|  |  | Nine Months Ended September 30,
| Income Statement Location |  | 2014 |  | 2013
Derivatives designated as cash flow hedges: |  |  |  |  |
Foreign currency exchange contracts | Other comprehensive income (loss) |  | $ | (1,868 | ) |  | $ | 1,093 |
| Other operating (income) expense |  | — |  |  | 619 |
Foreign currency option contracts | Other comprehensive income (loss) |  | (2,006 | ) |  | 468 |
Derivatives not designated as hedging instruments: |  |  |  |
Foreign currency exchange contracts | Other operating (income) expense |  | $ | 25 |  |  | $ | (1,786 | )
Foreign currency option contracts | Other operating (income) expense |  | 7 |  |  | 1,011 |
Interest rate swaps | Interest and miscellaneous (expense) income, net |  | (3,628 | ) |  | 4,729 |
Fuel hedge contracts | Cost of sales (benefit) |  | 163 |  |  | 14 |
Schedule of Notional Amounts of Outstanding Derivative Positions | The following table contains the notional amounts of the derivative financial instruments recorded in the Consolidated Balance Sheets:
| Notional Amount
| September 30, 2014 |  | December 31, 2013
Derivatives designated as cash flow hedges: |  |  |
Foreign currency exchange contracts | $ | 24,810 |  |  | $ | 32,300 |
Foreign currency option contracts | 70,500 |  |  | 38,000 |
Derivatives not designated as hedging instruments: |  |  |
Foreign currency exchange contracts | $ | — |  |  | $ | 1,950 |
Foreign currency option contracts | — |  |  | 4,000 |
Interest rate swaps | 180,858 |  |  | 183,851 |
Fuel hedge contracts (in thousands of barrels) | 1 |  |  | 38 |
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value | The following table contains the fair values of the derivative financial instruments recorded in the Consolidated Balance Sheets:
| Location on Balance Sheet |  | Fair Value Assets (Liabilities) (a)
|  |  | September 30, 2014 |  | December 31, 2013
Derivatives designated as cash flow hedges: |  |  |  |  |
Foreign currency exchange contracts | Prepaid and other current assets |  | $ | — |  |  | $ | 915 |
| Other current liabilities |  | (696 | ) |  | — |
| Other non-current liabilities |  | (181 | ) |  | — |
Foreign currency option contracts | Prepaid and other current assets |  | 134 |  |  | 673 |
| Other assets |  | 89 |  |  | — |
| Other current liabilities |  | (1,555 | ) |  | (214 | )
| Other non-current liabilities |  | (164 | ) |  | — |
Derivatives not designated as hedging instruments: |  |  |  |
Foreign currency exchange contracts | Prepaid and other current assets |  | $ | — |  |  | $ | 25 |
Foreign currency option contracts | Prepaid and other current assets |  | — |  |  | 8 |
Interest rate swaps | Other non-current liabilities |  | (5,519 | ) |  | (4,659 | )
Fuel hedge contracts | Prepaid and other current assets |  | — |  |  | 160 |
| Other current liabilities |  | (3 | ) |  | — |
Total derivative contracts: |  |  |  |  |
Prepaid and other current assets |  |  | $ | 134 |  |  | $ | 1,781 |
Other assets |  |  | 89 |  |  | — |
Total derivative assets |  |  | 223 |  |  | 1,781 |
Other current liabilities |  |  | (2,254 | ) |  | (214 | )
Other non-current liabilities |  |  | (5,864 | ) |  | (4,659 | )
Total derivative liabilities |  |  | $ | (8,118 | ) |  | $ | (4,873 | )
(a) | See Note 11 — Fair Value Measurements for further information on the fair value of our derivatives including their classification within the fair value hierarchy.

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- 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=7476318&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=7476318&loc=SL5624171-113959 + Details
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- 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=7476318&loc=SL5624163-113959 + Details
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- Definition Tabular disclosure of the notional amounts of outstanding derivative positions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5579245-113959 + Details
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