Derivatives (Tables)

12 Months Ended

Dec. 31, 2013

Fair Value of Derivatives Not Designated and Designated as Hedges

At December 31, 2013 and 2012, the total fair value of the Company’s foreign exchange forward contracts, which were the only derivatives not designated as hedges, and fair value hedges, along with the accounts in the Consolidated Balance Sheets in which the fair value amounts were included, were as follows:

	2013		2012
Derivatives not designated as hedges
Prepaid expenses and other current assets	$	0.4	$	0.6
Accrued liabilities		1.5		24.0
Derivatives designated as fair value hedges
Prepaid expenses and other current assets	$	1.3	$	—
Other noncurrent assets		—		14.7
Other noncurrent liabilities		9.1		—

Total Fair Value of Foreign Exchange Contracts Not Designated and Designated as Hedges

The pre-tax losses related to derivatives not designated as hedges recognized in the Consolidated Statements of Operations for the years ended December 31, 2013, 2012 and 2011 were as follows:

	Classification of Loss Recognized in the Consolidated Statements of Operations	2013		2012		2011
Derivatives not designated as hedges
Foreign exchange forward contracts	Selling, general and administrative expenses	$	17.0	$	24.8	$	4.7

Schedule of Gains (Losses) for Derivatives Designated as Fair Value Hedges

For derivatives designated as fair value hedges, the pre-tax (gains) losses related to the hedged items, attributable to changes in the hedged benchmark interest rate and the offsetting gain on the related interest rate swaps for the years ended December 31, 2013, 2012 and 2011 were as follows:

	Classification of (Gain) Loss Recognized in the Consolidated Statements of Operations	2013			2012			2011
Fair Value Hedges
Interest rate swaps	Investment and other expense (income)—net	$	22.5		$	(5.7	)	$	(3.1	)
Hedged items	Investment and other expense (income)—net		(20.8	)		4.4			1.9
Total (gain) loss recognized as ineffectiveness in the consolidated statements of operations	Investment and other expense (income)—net	$	1.7		$	(1.3	)	$	(1.2	)

Balance Sheet Offsetting

Gross and Net Amounts of Foreign Exchange Forward Contracts and Interest Rate Swaps

The gross and net amounts of foreign exchange forward contracts and interest rate swaps recognized in the Consolidated Balance Sheets as of December 31, 2013 and 2012 were as follows:

2013	Gross Amounts of Assets and Liabilities		Impact of Netting		Net Amounts of Assets and Liabilities Presented in the Consolidated Balance Sheet		All Other Amounts Subject to Master Netting Agreements			Potential Net Amounts of Assets and Liabilities
Assets
Foreign exchange forward contracts reported gross	$	0.4	$	—	$	0.4	$	(0.4	)	$	—
Interest rate swaps		1.3		—		1.3		(0.2	)		1.1
Total	$	1.7	$	—	$	1.7	$	(0.6	)	$	1.1
Liabilities
Foreign exchange forward contracts reported gross	$	1.5	$	—	$	1.5	$	(0.2	)	$	1.3
Interest rate swaps		9.1		—		9.1		(0.4	)		8.7
Total	$	10.6	$	—	$	10.6	$	(0.6	)	$	10.0

2012	Gross Amounts of Assets and Liabilities		Impact of Netting		Net Amounts of Assets and Liabilities Presented in  theConsolidated Balance Sheet		All Other Amounts Subject to Master Netting Agreements			Potential Net Amounts of Assets and Liabilities
Assets
Foreign exchange forward contracts reported gross	$	0.6	$	—	$	0.6	$	(0.1	)	$	0.5
Interest rate swaps		14.7		—		14.7		(3.5	)		11.2
Total	$	15.3	$	—	$	15.3	$	(3.6	)	$	11.7
Liabilities
Foreign exchange forward contracts reported gross	$	24.0	$	—	$	24.0	$	(3.6	)	$	20.4