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Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2013
Fair Value Disclosures [Abstract]  
Schedule Of Carrying Amounts And Estimated Fair Values Of Financial Instruments
Carrying amounts and estimated fair values of financial instruments as of the dates indicated were as follows (in millions):     
 
March 31, 2013
 
December 31, 2012
 
Carrying
Amount
 
Fair
Value
 
Carrying
Amount
 
Fair
Value
Assets:
 
 
 
 
 
 
 
Cash surrender value of life insurance policies
$
12.8

 
$
12.8

 
$
11.9

 
$
11.9

Auction rate securities
14.8

 
14.8

 
14.4

 
14.4

 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
Deferred compensation plan liabilities
$
3.9

 
$
3.9

 
$
3.3

 
$
3.3

Acquisition-related contingent consideration
142.6

 
142.6

 
143.6

 
143.6

4.875% senior notes
400.0

 
397.0

 

 

7.625% senior notes

 

 
150.0

 
154.9

Original 4.0% Notes
9.6

 
18.1

 
9.7

 
15.9

Original 4.25% Notes
3.0

 
5.8

 
3.0

 
5.1

New 4.0% Notes
101.6

 
103.4

 
100.9

 
101.5

New 4.25% Notes
92.7

 
94.8

 
92.1

 
92.7

Schedule Of Fair Values Of Financial Assets And Liabilities Measured On A Recurring Basis
The fair values of financial assets and liabilities measured on a recurring basis were determined using the following inputs as of the dates indicated (in millions):
 
 
 
Fair Value Measurements
Using Inputs Considered as Significant
 
Fair Value as of
March 31, 2013
 
Level 1
 
Level 2
 
Level 3
Assets
 
 
 
 
 
 
 
Cash surrender value of life insurance policies
$
12.8

 
$
12.8

 

 

Auction rate securities
$
14.8

 

 

 
$
14.8

 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
Deferred compensation plan liabilities
$
3.9

 
$
3.9

 

 

Acquisition-related contingent consideration
$
142.6

 

 

 
$
142.6

 
 
 
 
 
 
 
 


 
 
Fair Value Measurements
Using Inputs Considered as Significant
 
Fair Value as of
December 31, 2012
 
Level 1
 
Level 2
 
Level 3
Assets
 
 
 
 
 
 
 
Cash surrender value of life insurance policies
$
11.9

 
$
11.9

 

 

Auction rate securities
$
14.4

 

 

 
$
14.4



 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
Deferred compensation plan liabilities
$
3.3

 
$
3.3

 

 

Acquisition-related contingent consideration
$
143.6

 

 

 
$
143.6

Reconciliation Of Assets And Liabilities Measured At Fair Value On A Recurring Basis, Level 3
The following tables, which may contain summation differences due to rounding, provide a reconciliation between the beginning and ending balances of items measured at fair value on a recurring basis using significant unobservable inputs for the periods indicated (in millions):
 
Auction Rate Securities

Assets
Student
Loan
 
Structured
Finance
Securities
 
Total
Balance as of December 31, 2011
$
11.8

 
$
1.7

 
$
13.5

Changes in fair value recorded in earnings

 

 

Unrealized gains included in other comprehensive income
$
0.2

 
$
0.3

 
$
0.5

Balance as of March 31, 2012
$
12.0

 
$
2.0

 
$
14.0

 
 
 
 
 
 
Balance as of December 31, 2012
$
11.7

 
$
2.7

 
$
14.4

Changes in fair value recorded in earnings

 

 

Unrealized gains included in other comprehensive income

 
0.4

 
0.4

Balance as of March 31, 2013
$
11.7

 
$
3.0

 
$
14.8

 
 
 
 
 
 
Liabilities
Acquisition-Related
Contingent Consideration
 
 
 
 
Balance as of December 31, 2011
$
79.3

 
 
 
 
Payments of contingent consideration

 
 
 
 
Valuation gains (losses) recorded in earnings

 
 
 
 
Balance as of March 31, 2012
$
79.3

 
 
 
 
 
 
 
 
 
 
Balance as of December 31, 2012
$
143.6

 
 
 
 
Payments of contingent consideration
(0.6
)
 
 
 
 
Valuation gains (losses) recorded in earnings

 
 
 
 
Currency translation adjustments included in other comprehensive income
(0.4
)
 
 
 
 
Balance as of March 31, 2013
$
142.6