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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2013
Carrying Amounts and Estimated Fair Values of Other Financial Instruments

The following table presents the carrying amounts and estimated fair values of the Company’s other financial instruments at September 30, 2013 and December 31, 2012.

 

            September 30, 2013      December 31, 2012  
(In millions)    Input
Level
     Carrying
Amount
     Fair
Value
     Carrying
Amount
     Fair
Value
 

Financial Assets:

              

Note receivable

     Level 2       $ 0.0       $ 0.0       $ 0.1       $ 0.1   

Financial Liabilities:

              

Short-term borrowings

     Level 2         154.0         154.0         253.8         253.8   

2.875% Senior notes

     Level 2         399.7         376.8         399.6         392.6   

3.35% Senior notes

     Level 2         249.8         260.1         249.8         264.1