Derivatives and Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2012

Derivatives and Hedging Activities [Abstract]

Fair Value of Derivative Instruments

		December 31,		December 31,		December 31,			December 31,
	Fair Value of Asset Derivatives(1)				Fair Value of  (Liability) Derivatives(1)
	March 31, 2012		December 31, 2011		March 31, 2012			December 31, 2011
Derivatives designated as hedging instruments:
Foreign currency forward contracts (cash flow hedges)	$	0.2	$	0.5	$	(0.2	)	$	(0.6	)
Interest rate swaps (fair value hedges)		2.0		2.1		(0.1	)		—
Derivatives not designated as hedging instruments:
Foreign currency forward contracts		4.1		18.0		(4.3	)		(3.0	)
Total	$	6.3	$	20.6	$	(4.6	)	$	(3.6	)

Effect of derivative instruments on condensed consolidated statement of operations

	Amount of Gain (Loss) Recognized in Earnings on  Derivatives(1)
	Three Months Ended March 31,
	2012			2011
Derivatives designated as hedging instruments:
Interest rate swaps	$	0.1		$	0.8
Foreign currency forward contracts(2)		(0.2	)		—
Derivatives not designated as hedging instruments:
Foreign currency forward contracts(2)		(2.6	)		5.1
Total	$	(2.7	)	$	5.9

(1) Amounts recognized on the foreign currency forward contracts were included in other income (expense), net. Amounts recognized on the interest rate swaps were included in interest expense.

(2) The net gains and (losses) included above were substantially offset by the net (losses) and gains resulting from the remeasurement of the underlying foreign currency denominated items, which are included in other expense, net, on the condensed consolidated statement of operations. The underlying foreign currency denominated items include third party and intercompany receivables and payables and interest-bearing intercompany loans. See “Foreign Currency Forward Contracts Not Designated as Hedges” above for further information.