Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2014

Financial Instruments, Owned, at Fair Value [Abstract]

Financial assets and liabilities accounted for at fair value on a recurring basis by level within the fair value hierarchy

The following tables set forth the company’s financial assets and liabilities that were accounted for at fair value on a recurring basis as of June 30, 2014 and December 31, 2013 by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.



	Fair Value as of June 30, 2014
(in millions)	Level 1		Level 2		Level 3		Total
Current Assets:
Foreign currency exchange contracts	$	—	$	1.1	$	—	$	1.1
Commodity contracts	—		0.2		—		0.2
Total current assets at fair value	$	—	$	1.3	$	—	$	1.3
Non-current Assets:
Commodity contracts	—		0.1		—		0.1
Total non-current assets at fair value	$	—	$	0.1	$	—	$	0.1
Current Liabilities:
Foreign currency exchange contracts	$	—	$	1.6	$	—	$	1.6
Commodity contracts	—		0.2		—		0.2
Total current liabilities at fair value	$	—	$	1.8	$	—	$	1.8
Non-current Liabilities:
Interest rate swap contracts	—		9.2		—		9.2
Total non-current liabilities at fair value	$	—	$	9.2	$	—	$	9.2



	Fair Value as of December 31, 2013
(in millions)	Level 1		Level 2		Level 3		Total
Current Assets:
Foreign currency exchange contracts	$	—	$	2.9	$	—	$	2.9
Commodity contracts	—		0.2		—		0.2
Total current assets at fair value	$	—	$	3.1	$	—	$	3.1
Current Liabilities:
Foreign currency exchange contracts	$	—	$	1.1	$	—	$	1.1
Commodity contracts	—		0.4		—		0.4
Total current liabilities at fair value	$	—	$	1.5	$	—	$	1.5
Non-current Liabilities:
Interest rate swap contracts	$	—	$	14.9	$	—	$	14.9
Total non-current liabilities at fair value	$	—	$	14.9	$	—	$	14.9