FAIR VALUE (Tables)

12 Months Ended

Dec. 31, 2015

Financial Instruments Carried at Fair Value on Recurring Basis

		Fair Value Measurement as of December 31, 2015
	Description	Balance		Level 1		Level 2		Level 3
Assets:
	Derivatives (a)	$	12.6	$	-	$	12.6	$	-
	Money market mutual funds		188.3		188.3		-		-
	Fixed maturity and open ended mutual funds (b)		31.9		31.9		-		-
	Total	$	232.8	$	220.2	$	12.6	$	-
Liabilities:
	Derivatives (a)	$	12.4	$	-	$	12.4	$	-
	Total	$	12.4	$	-	$	12.4	$	-
		Fair Value Measurement as of December 31, 2014
	Description	Balance		Level 1		Level 2		Level 3
Assets:
	Derivatives (a)	$	41.8	$	-	$	41.8	$	-
	Money market mutual funds		149.7		149.7		-		-
	Fixed maturity and open ended mutual funds (b)		48.0		48.0		-		-
	Total	$	239.5	$	197.7	$	41.8	$	-
Liabilities:
	Derivatives (a)	$	2.1	$	-	$	2.1	$	-
	Contingent consideration arising from acquisitions (c)		2.1		-		-		2.1
	Total	$	4.2	$	-	$	2.1	$	2.1
(a) Represents FX forwards on certain assets and liabilities and on net investments in certain foreign subsidiaries as well as interest rate swaps and cross-currency swaps as more fully described in Note 5 to the financial statements.
(b) Consists of investments in fixed maturity mutual funds and open-ended mutual funds.
(c) Represents contingent consideration liabilities pursuant to the agreements for the CSI acquisition.

Changes in Fair Value of Level Three Liabilities

	Changes in Contingent Consideration for Years Ended December 31,
	2015		2014		2013
Balance as of January 1	$	2.1	$	17.5	$	9.0
Contingent consideration assumed in acquisition of Amba		-		-		4.3
Contingent consideration payments		(1.9)		(16.5)		(2.5)
Losses included in earnings		-		1.3		6.9
Foreign currency translation adjustments		(0.2)		(0.2)		(0.2)
Balance as of December 31	$	-	$	2.1	$	17.5