Derivatives and Hedging Activities (Tables)

6 Months Ended

Jun. 30, 2012

Derivatives and Hedging Activities [Abstract]

Fair Value of Derivative Instruments

	Fair Value of Asset Derivatives(1)				Fair Value of  (Liability) Derivatives(1)
	June 30, 2012		December 31, 2011		June 30, 2012			December 31, 2011
Derivatives designated as hedging instruments:
Foreign currency forward contracts (cash flow hedges)	$	—	$	0.5	$	—		$	(0.6	)
Interest rate swaps (fair value hedges)		1.8		2.1		(0.2	)		—
Derivatives not designated as hedging instruments:
Foreign currency forward contracts		59.7		18.0		(5.0	)		(3.0	)
Total	$	61.5	$	20.6	$	(5.2	)	$	(3.6	)

(1) Asset derivatives are included in other assets and liability derivatives are included in other liabilities.

Effect of derivative instruments on condensed consolidated statement of operations

	Amount of Gain (Loss) Recognized in Net Earnings on Derivatives(1)
	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
Derivatives designated as hedging instruments:
Interest rate swaps	$	0.3		$	1.4		$	0.4		$	2.3
Foreign currency forward contracts(2)		0.1			0.1			(0.1	)		0.1
Derivatives not designated as hedging instruments:
Foreign currency forward contracts(2)		(3.0	)		(4.5	)		(5.6	)		0.6
Total	$	(2.6	)	$	(3.0	)	$	(5.3	)	$	3.0

(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.