FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

6 Months Ended

Jun. 30, 2014

Summary of Fair Value of Financial Assets and (Liabilities)

The following table summarizes the fair value of the Company’s financial assets and (liabilities) as of June 30, 2014 and December 31, 2013 (dollars in millions):

	Fair Value Measurements Using
	Quoted Prices in Active Markets for Identical Assets (Level 1)						Significant Other Observable Inputs (Level 2)						TOTAL
	June 30, 2014			December 31, 2013			June 30, 2014			December 31, 2013			June 30, 2014			December 31, 2013
Cash and cash equivalents	$	126.7		$	184.7		$	—		$	—		$	126.7		$	184.7
Available-for-sale securities		11.2			8.2			—			—			11.2			8.2
Rabbi trust assets		2.7			1.3			—			—			2.7			1.3
Deferred compensation obligation		(2.7	)		(1.3	)		—			—			(2.7	)		(1.3	)
Derivative assets		—			—			0.4			1.6			0.4			1.6
Derivative liabilities		—			—			(12.2	)		(21.4	)		(12.2	)		(21.4	)
Total	$	137.9		$	192.9		$	(11.8	)	$	(19.8	)	$	126.1		$	173.1