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FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2015
Fair Value Disclosures [Abstract]  
Fair Value, Measurement Inputs
The following table provides a summary of the recognized assets and liabilities that are measured at fair value on a recurring basis:
 
 
 
Basis of Fair Value Measurements
 
 
 
Quoted
Prices in
Active
Markets for
Identical
Assets /
Liabilities
 
Significant
Other
Observable
Inputs
 
Significant
Unobservable
Inputs
June 30, 2015
Total
 
Level 1
 
Level 2
 
Level 3
Assets:
 

 
 

 
 

 
 

Trading securities
$
48

 
$
48

 
$

 
$

Cash surrender value of life insurance policies
30

 

 
30

 

Interest rate swaps
15

 

 
15

 

Available-for-sale equity securities
10

 
10

 

 

 
 
 
 
 
 
 
 
Total
$
103

 
$
58

 
$
45

 
$

 
 
 
 
 
 
 
 
Liabilities:
 

 
 

 
 

 
 

Deferred compensation liabilities
$
84

 
$

 
$
84

 
$

Interest rate swaps
12

 

 
12

 

Call option
4

 

 

 
4

Contingent consideration
3

 

 

 
3

 
 
 
 
 
 
 
 
Total
$
103

 
$

 
$
96

 
$
7

 
 
 
Basis of Fair Value Measurements
 
 
 
Quoted
Prices in
Active
Markets for
Identical
Assets /
Liabilities
 
Significant
Other
Observable
Inputs
 
Significant
Unobservable
Inputs
December 31, 2014
Total
 
Level 1
 
Level 2
 
Level 3
Assets:
 

 
 

 
 

 
 

Trading securities
$
49

 
$
49

 
$

 
$

Cash surrender value of life insurance policies
30

 

 
30

 

Interest rate swaps
17

 

 
17

 

Available-for-sale equity securities
9

 
9

 

 

Put option
1

 

 

 
1

 
 
 
 
 
 
 
 
Total
$
106

 
$
58

 
$
47

 
$
1

 
 
 
 
 
 
 
 
Liabilities:
 

 
 

 
 

 
 

Deferred compensation liabilities
$
85

 
$

 
$
85

 
$

Contingent consideration
17

 

 

 
17

Forward starting interest rate swaps
15

 

 
15

 

Interest rate swaps
13

 

 
13

 

Call option
5

 

 

 
5

 
 
 
 
 
 
 
 
Total
$
135

 
$

 
$
113

 
$
22

Reconciliation of Beginning and Ending Balances of Assets and Liabilities, Unobservable Inputs
The following table provides a reconciliation of the beginning and ending balances of assets and liabilities using significant unobservable inputs (Level 3):
 
Assets
 
Liabilities
 
Put Option Derivative Asset
 
Contingent Consideration
 
Call Option Derivative Liability
 
Total Liabilities
 
 
 
 
 
 
 
 
Balance, December 31, 2014
1

 
$
17

 
5

 
$
22

Settlements

 
(1
)
 

 
(1
)
Total gains/losses - realized/unrealized:
 
 
 
 
 
 
 
Included in earnings
(1
)
 
(13
)
 
(1
)
 
(14
)
Balance, June 30, 2015
$

 
$
3

 
$
4

 
$
7