Derivatives and Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2014

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Fair Value of Derivative Instruments

The following table details the fair value of our derivative instruments included on our condensed consolidated balance sheets.

	Fair Value of Asset Derivatives (1)				Fair Value of (Liability) Derivatives (1)
	March 31, 2014		December 31, 2013		March 31, 2014			December 31, 2013
Derivatives designated as hedging instruments:
Foreign currency forward contracts (cash flow hedges)	$	1.2	$	3.4	$	(1.3	)	$	(1.4	)
Interest rate swaps (fair value hedges)		0.6		—		—			(1.0	)
Derivatives not designated as hedging instruments:
Foreign currency forward contracts		13.4		7.1		(44.9	)		(49.1	)
Total	$	15.2	$	10.5	$	(46.2	)	$	(51.5	)

⁽¹⁾  Asset derivatives are included in other assets and liability derivatives are included in other liabilities in the condensed consolidated balance sheets.

Effect of Derivative Instruments on Consolidated Statements of Operations

The following table details the effect of our derivative instruments on our condensed consolidated statements of operations.  

	Amount of Gain (Loss) Recognized on Derivatives in  Earnings(1) Three Months Ended March 31,
	2014			2013
Derivatives designated as hedging instruments:
Foreign currency forward contracts	$	2.3		$	(0.3	)
Interest rate swaps		0.5
Derivatives not designated as hedging instruments:
Foreign currency forward contracts		(3.1	)		(19.8	)
Total	$	(0.3	)	$	(20.1	)

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