Derivative Instruments and Risk Management (Tables)

3 Months Ended

Mar. 31, 2013

Fair Value of Derivative Instruments

The following tables summarize the fair value of the Company’s derivative instruments and the effect of derivative instruments on the Company’s Consolidated Statements of Income and Comprehensive Income (“OCI”):

Fair Value of Derivative Instruments
		Notional Amount		Fair Value at
				March  31, 2013		December  31, 2012
(In millions)	Balance Sheet Location	March 31, 2013
Derivatives designated as hedging instruments
Asset Derivatives
Diesel fuel contracts	Other current assets	$	7.1	$	0.5	$	0.2
Foreign exchange contracts	Other current assets	$	22.8		0.2		0.1
Total assets				$	0.7	$	0.3
Derivatives not designated as hedging instruments
Asset Derivatives
Equity derivatives	Other current assets	$	23.6	$	3.5	$	0.9
Foreign exchange contracts	Other current assets	$	2.4		0.0		0.0
Total assets				$	3.5	$	0.9
				Amount of Gain (Loss) Recognized in OCI from Derivatives for the Quarter ended
				March 31,		March 31,
	Other Comprehensive Income (Loss) Location			2013		2012
Derivatives designated as hedging instruments
Diesel fuel contracts (net of taxes)	Other comprehensive income (loss)			$	0.1	$	0.4
Foreign exchange contracts (net of taxes)	Other comprehensive income (loss)				0.2		(0.5	)
Total gain (loss) recognized in OCI				$	0.3	$	(0.1	)
				Amount of Gain (Loss) Recognized in Income for the Quarter ended
				March 31,		March 31,
	Income Statement Location			2013		2012
Derivatives not designated as hedging instruments
Equity derivatives	Selling, general and administrative expenses			$	4.6	$	1.4
Foreign exchange contracts	Selling, general and administrative expenses				0.0		0.1
Total gain (loss) recognized in income				$	4.6	$	1.5