FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 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 December 31 (dollars in millions):

	Fair Value Measurements Using
	Quoted Prices in Active Markets for Identical Assets (Level 1)						Significant Other Observable Inputs (Level 2)						TOTAL
	2014			2013			2014			2013			2014			2013
Cash equivalents	$	55.0		$	5.0		$	—		$	—		$	55.0		$	5.0
Available-for-sale securities		8.6			8.2			—			—			8.6			8.2
Rabbi trust assets		2.9			1.3			—			—			2.9			1.3
Deferred compensation obligation		(2.9	)		(1.3	)		—			—			(2.9	)		(1.3	)
Derivative assets		—			—			0.0			1.6			0.0			1.6
Derivative liabilities		—			—			(15.4	)		(21.4	)		(15.4	)		(21.4	)
Total	$	63.6		$	13.2		$	(15.4	)	$	(19.8	)	$	48.2		$	(6.6	)