Derivative Instruments and Risk Management (Tables)

12 Months Ended

Dec. 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 its Consolidated Statements of Income and on other comprehensive income (“OCI”):

		Notional Amount		Fair Value at December 31,
	Balance Sheet Location	December 31, 2013		2013		2012
Derivatives designated as hedging instrument
Asset Derivatives
Diesel fuel contracts	Other current assets	$	3.9	$	0.3	$	0.2
Foreign exchange contracts	Other current assets	$	25.6		0.5		0.1
Total assets				$	0.8	$	0.3
Derivatives not designated as hedging instrument
Asset Derivatives
Equity derivatives	Other current assets	$	23.3	$	2.4	$	0.9
Total assets				$	2.4	$	0.9

		Amount of Gain (Loss) Recognized in OCI from Derivatives for the Year ended December 31,
	Other Comprehensive Income (Loss) Location	2013			2012			2011
Derivatives designated as hedging instruments
Diesel fuel contracts (net of taxes)	Other comprehensive income (loss)	$	0.1		$	0.1		$	(0.3	)
Foreign exchange contracts (net of taxes)	Other comprehensive income (loss)		0.2			0.8			1.5
Total gain (loss) recognized in OCI		$	0.3		$	0.9		$	1.2
		Amount of Gain (Loss) Recognized in Income for the Year ended December 31,
	Income Statement Location	2013			2012			2011
Derivatives not designated as hedging instruments
Equity derivatives	Selling, general and administrative expenses	$	5.3		$	3.1		$	3.9
Foreign exchange contracts	Selling, general and administrative expenses		(0.1	)		(1.5	)		(0.1	)
Total gain (loss) recognized in income		$	5.2		$	1.6		$	3.8