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Fair Value Measurement (Tables)
12 Months Ended
Dec. 31, 2013
Assets Measured at Fair Value on a Nonrecurring Basis

The fair value as of the measurement date, net book value as of the end of the year and related impairment charge for assets measured at fair value on a nonrecurring basis subsequent to initial recognition during the years ended December 31, 2013, 2012 and 2011 were as follows:

 

2013

 

  

Impairment
Charge

 

  

Fair Value
Measurement
(Level 3)

 

  

Net Book
Value

 

Long-lived assets held and used

  

$

4.2

  

  

$

4.2

  

  

$

4.0

  

Long-lived assets held for sale or disposal

  

 

14.8

  

  

 

20.2

  

  

 

18.5

  

Other intangible assets

  

 

3.3

  

  

 

  

  

 

  

Total

  

$

22.3

  

  

$

24.4

  

  

$

22.5

  

 

2012

 

  

Impairment
Charge

 

  

Fair Value
Measurement
(Level 3)

 

  

Net Book
Value

 

Long-lived assets held and used

  

$

8.0

  

  

$

9.8

  

  

$

8.5

  

Long-lived assets held for sale or disposal

  

 

15.6

  

  

 

16.4

  

  

 

6.3

  

Goodwill

  

 

848.4

  

  

 

18.1

  

  

 

18.1

  

Other intangible assets

  

 

158.0

  

  

 

3.1

  

  

 

3.1

  

Total

  

$

1,030.0

  

  

$

47.4

  

  

$

36.0

  

 

2011

 

  

Impairment
Charge

 

  

Fair Value
Measurement
(Level 3)

 

  

Net Book
Value

 

Long-lived assets held and used

  

$

14.7

  

  

$

68.8

  

  

$

61.3

  

Long-lived assets held for sale or disposal

  

 

34.3

  

  

 

12.8

  

  

 

11.7

  

Goodwill

  

 

392.3

  

  

 

  

  

 

  

Other intangible assets

  

 

90.7

  

  

 

2.2

  

  

 

2.1

  

Total

  

$

532.0

  

  

$

83.8

  

  

$

75.1

  

 

Fair Value, Valuation Techniques and Related Unobservable Inputs of Level Three

The following table presents the fair value, valuation techniques and related unobservable inputs for these Level 3 measurements for the years ended December 31, 2013 and 2012:

 

 

 

  

Fair Value

 

  

Valuation Technique

  

Unobservable Input

  

Range

2013

  

 

 

 

  

 

  

 

  

 

Customer relationships

  

$

  

  

With and without method

  

Discount rate

 

  

16.0%

2012

 

 

 

 

 

 

 

 

 

 

Customer relationships

  

$

3.1

  

  

Excess earnings

  

Discount rate

Attrition rate

  

12.5% - 15.0%

2.0% - 15.9%