Accounts Payable and Accrued Expenses

3 Months Ended

Mar. 31, 2014

Accounts payable and accrued expenses at March 31, 2014 and December 31, 2013 are summarized as follows:



(in millions)	March 31, 2014		December 31, 2013
Trade accounts payable and interest payable	$	480.2	$	510.6
Employee related expenses	118.9		99.9
Restructuring expenses	20.7		20.6
Profit sharing and incentives	10.9		44.7
Accrued rebates	30.8		45.2
Deferred revenue - current	21.6		25.0
Derivative liabilities	2.1		1.5
Income taxes payable	—		62.5
Miscellaneous accrued expenses	103.6		125.6
	$	788.8	$	935.6