Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2011

Commitments and Contingencies Disclosure [Abstract]

Unrecorded Unconditional Purchase Obligations Disclosure [Table Text Block]

Federated is obligated to make certain future payments under various agreements to which it is a party, including operating leases (see Note (15)). The following table summarizes minimum noncancelable payments contractually due under Federated’s significant service contracts and employment arrangements:

	Payments due in
											After
in millions	2012		2013		2014		2015		2016		2016		Total
Purchase obligations1	$	17.9	$	13.2	$	4.9	$	0.9	$	0.4	$	0.5	$	37.8
Employment-related commitments2	16.1		8.3		7.6		0		0		0		32.0
Total	$	34.0	$	21.5	$	12.5	$	0.9	$	0.4	$	0.5	$	69.8

1 Federated is a party to various contracts pursuant to which it receives certain services including legal, access to various fund-related information systems and research databases, as well as trade order transmission and recovery services. These contracts contain certain minimum noncancelable payments, cancellation provisions and renewal terms. The contracts expire on various dates through the year 2019. Costs for such services are expensed as incurred.

2 Federated has certain domestic and international employment arrangements pursuant to which Federated is obligated to make minimum compensation payments. These contracts expire on various dates through the year 2014.