Derivatives (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of Fair Value of Derivatives Designated and Not Designated as Hedges

At December 31, 2014 and 2013, 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:

	2014		2013
Derivatives not designated as hedges
Prepaid expenses and other current assets	$	7.0	$	0.4
Accrued liabilities		0.5		1.5
Derivatives designated as fair value hedges
Prepaid expenses and other current assets	$	—	$	1.3
Other noncurrent liabilities		1.2		9.1

Schedule of Pre-Tax (Gains) Losses Related to Derivatives Not Designated as Hedges

The pre-tax (gains) losses related to derivatives not designated as hedges recognized in the Consolidated Statements of Operations for the years ended December 31, 2014, 2013 and 2012 were as follows:

	Classification of (Gain) Loss Recognized in the
	Consolidated Statements of Operations	2014			2013		2012
Derivatives not designated as hedges
Foreign exchange forward contracts	Selling, general and administrative expenses	$	(33.5	)	$	17.0	$	24.8

Fair Value Hedging

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) loss on the related interest rate swaps for the years ended December 31, 2014, 2013 and 2012 were as follows:

	Classification of (Gain) Loss Recognized in the
	Consolidated Statements of Operations	2014			2013			2012
Fair Value Hedges
Interest rate swaps	Investment and other (income) expense-net	$	(2.1	)	$	22.5		$	(5.7	)
Hedged items	Investment and other (income) expense-net		1.3			(20.8	)		4.4
Total (gain) loss recognized as      ineffectiveness in the Condensed      Consolidated Statements of Operations	Investment and other (income) expense-net	$	(0.8	)	$	1.7		$	(1.3	)