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Derivative Financial Instruments and Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2012
Derivative Financial Instruments and Fair Value Measurements [Abstract]  
Fair value measurements of derivative assets

The fair value measurements of the items recorded in our Consolidated Balance Sheets as of June 30, 2012 and December 31, 2011 were as follows:
 
      
Fair Value Measurements Using
 
   
June 30, 2012
  
Quoted Prices in Active Markets for Identical Assets
(Level 1)
  
Significant Other Observable Inputs
(Level 2)
  
Significant Unobservable Inputs
(Level 3)
 
Assets
            
Available-for-sale securities
 $0.4  $0.4  $-  $- 
Deferred compensation plan assets
  52.5   52.5   -   - 
   $52.9  $52.9  $-  $- 
                  
Liabilities
                
Foreign currency forward contracts
 $0.2  $-  $0.2  $- 
   $0.2  $-  $0.2  $- 

 
      
Fair Value Measurements Using
 
   
December 31, 2011
  
Quoted Prices in Active Markets for Identical Assets
(Level 1)
  
Significant Other Observable Inputs
(Level 2)
  
Significant Unobservable Inputs
(Level 3)
 
Assets
            
Available-for-sale securities
 $0.4  $0.4  $-  $- 
Deferred compensation plan assets
  45.2   45.2   -   - 
   $45.6  $45.6  $-  $- 
                  
Liabilities
                
Foreign currency forward contracts
 $0.3  $-  $0.3  $- 
   $0.3  $-  $0.3  $- 

The fair value of the Euro-denominated notes, which was estimated using Level 1 fair value measurements based on quoted market prices of our publicly traded debt, was $713.1 and $654.9 as of June 30, 2012 and December 31, 2011, respectively, compared to a carrying value of $696.3 and $647.6, respectively. The carrying value of other long-term debt approximates fair value.