DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)

9 Months Ended

Sep. 30, 2016

Gains and Losses on Derivatives Designated as Hedging Instruments

			Amount of income recognized in the consolidated statements of operations
			Three Months Ended				Nine Months Ended
			September 30,				September 30,
Derivatives designated as fair value accounting hedges	Location on Statement of Operations		2016		2015		2016		2015
Interest rate swaps	Interest income (expense), net	$	2.7	$	3.9	$	8.8	$	11.5

Amount of Gain/(Loss) Recognized in AOCI on Derivative Net Investment Hedging and Cash Flow Hedging Relationships (Effectiveness Portion)

		Amount of Gain/(Loss) Recognized in AOCI on Derivative (Effective Portion)					Location of Gain/(Loss) Reclassified from AOCI into Income (Effective Portion)	Amount of Gain/(Loss) Reclassified from AOCI into Income (Effective Portion)
	Derivatives and non-derivative instruments in Net Investment Hedging Relationships	Three Months Ended						Three Months Ended
		September 30,						September 30,
		2016		2015				2016		2015
	FX forwards	$	(0.2)	$	(0.7)		N/A	$	-	$	-
	Long-term debt		(3.2)		(0.6)		N/A		-		-
	Total net investment hedges	$	(3.4)	$	(1.3)		N/A	$	-	$	-
		Three Months Ended						Three Months Ended
	Derivatives in cash flow hedging relationships	September 30,						September 30,
		2016		2015				2016		2015
	Cross currency swap	$	3.2	$	-		Other non-operating income, net	$	0.9	$	-
Total		$	(0.2)	$	(1.3)	Total		$	0.9	$	-
		Amount of Gain/(Loss) Recognized in AOCI on Derivative (Effective Portion)					Location of Gain/(Loss) Reclassified from AOCI into Income (Effective Portion)	Amount of Gain/(Loss) Reclassified from AOCI into Income (Effective Portion)
	Derivatives and non-derivative instruments in Net Investment Hedging Relationships	Nine Months Ended						Nine Months Ended
		September 30,						September 30,
		2016		2015				2016		2015
	FX forwards	$	(13.4)	$	12.7		N/A	$	-	$	-
	Long-term debt		(9.2)		(2.7)		N/A		-		-
	Total net investment hedges	$	(22.6)	$	10.0		N/A	$	-	$	-
		Nine Months Ended						Nine Months Ended
		September 30,						September 30,
	Derivatives in cash flow hedging relationships	2016		2015				2016		2015
	Cross currency swap	$	1.5	$	-		Other non-operating income, net	$	0.6	$	-
Total		$	(21.1)	$	10.0	Total		$	0.6	$	-

Cumulative Amount of Unrecognized Hedge Losses Recorded in Accumulated Other Comprehensive Income

		Cumulative
		Gains/(Losses), net of tax
		September 30,		December 31,
Net investment hedges		2016		2015
FX forwards		$	20.9	$	34.3
Long-term debt			(4.5)		4.7
	Total gains on net investment hedges	$	16.4	$	39.0
Cash flow hedges
Treasury rate lock		$	(1.1)	$	(1.1)
Cross currency swap			0.9		-
	Total losses on cash flow hedges		(0.2)		(1.1)
Total net gains in AOCI		$	16.2	$	37.9

Gains and Losses Recognized in Consolidated Statement of Operations on Derivatives Not Designated as Hedging instruments

		Three Months Ended				Nine Months Ended
		September 30,				September 30,
Derivatives not designated as accounting hedges	Location on Statement of Operations	2016		2015		2016		2015
Foreign exchange forwards	Other non-operating income (expense), net	$	(0.7)	$	0.6	$	(5.9)	$	(1.3)

Fair Value of Derivative Instruments

	Derivative and Non-derivative Instruments
	Balance Sheet Location	September 30, 2016		December 31, 2015
Assets:
Derivatives not designated as accounting hedges:
FX forwards on certain assets and liabilities	Other current assets	$	1.3	$	0.1
Derivatives designated as accounting hedges:
Cross-currency swap	Other assets		0.1
FX forwards on net investment in certain foreign subsidiaries	Other current assets		2.5		0.4
Interest rate swaps	Other assets		28.0		12.1
Total assets		$	31.9	$	12.6
Liabilities:
Derivatives designated as accounting hedges:
FX forwards on net investment in certain foreign subsidiaries	Accounts payable and accrued liabilities	$	30.0	$	1.2
Interest rate swaps	Other liabilities		-		0.3
Non-derivative instrument designated as accounting hedge:
Long-term debt designated as net investment hedge	Long-term debt		449.5		434.5
Derivatives not designated as accounting hedges:
Cross-currency swap	Other liabilities		-		7.0
FX forwards on certain assets and liabilities	Accounts payable and accrued liabilities		0.6		1.9
Total liabilities		$	480.1	$	444.9

Net Investment Hedging [Member]

Summary of Notional Amounts of Outstanding Foreign Exchange Forwards

	September 30,		December 31,
	2016		2015
Notional amount of net investment hedges:
Long-term debt designated as net investment hedge	€	400.0	€	400.0
Contracts to sell GBP for euros	£	22.1	£	21.2
Contracts to sell Japanese yen for USD	￥	19,400	￥	19,400

Foreign Exchange Forward [Member]

Summary of Notional Amounts of Outstanding Foreign Exchange Forwards

	September 30,		December 31,
	2016		2015
Notional amount of currency pair:
Contracts to purchase USD with euros	$	263.1	$	-
Contracts to sell USD for euros	$	298.6	$	70.1
Contracts to purchase euros with other foreign currencies	€	36.3	€	35.5
Contracts to sell euros for other foreign currencies	€	-	€	1.4
Contracts to sell euros for GBP	€	22.7	€	23.1