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Derivative Instruments (Tables)
12 Months Ended
Dec. 31, 2012
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair values for derivatives
The fair values, balance sheet presentation, and the hedge designation status of derivative instruments at December 31, 2012 and 2011 are presented in the table below:
 
 
 
 
 
Fair Value (Level 2) as of
(in millions)
 
Balance Sheet Location
 
December 31, 2012
 
December 31, 2011
Asset Derivatives
 
 
 
 

 
 

Interest rate swaps — designated as hedge
 
Deferred charges and other assets
 
$
17.0

 
$
3.3

Income statement impact of derivative instruments not designated as hedging instruments
The income statement impact of derivatives for the years ended December 31, 2012 and 2011 are presented in the table below:
 
 
 
Location of Gain (Loss)
Recognized in Income
 
Amount of Gain (Loss) Recognized
in Income on Derivatives
(in millions)
 
on Derivatives
 
2012
 
2011
 
2010
Designated as hedges
 
 
 
 
 
 
 
 
Interest rate swaps
 
Interest expense
 
$
7.0

 
$
1.6

 
$

Not designated as hedges
 
 
 
 
 
 
 
 
Forward exchange contracts
 
Other operating (income) expense, net
 
0.8

 
0.5

 
1.3

Currency swap contracts
 
Other non-operating (income) expense, net
 

 
(1.8
)
 
(5.9
)
Total
 
 
 
$
7.8

 
$
0.3

 
$
(4.6
)