Derivative Instruments and Risk Management

3 Months Ended

Mar. 31, 2015

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Derivative Instruments and Risk Management

9. Derivative Instruments and Risk Management

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

		Notional			Fair Value at
		Amount			March 31,		December 31,
	Balance Sheet Location	March 31, 2015			2015		2014
Derivatives designated as hedging instruments
Asset Derivatives
Foreign exchange contracts	Other current assets	$	131.5		$	5.6	$	2.8
Interest rate swap	Other assets	$	300.0			3.9		0.0
Total assets					$	9.5	$	2.8
Liability Derivatives
Diesel fuel contracts	Accounts payable and accrued expenses	4.4 gallons			$	3.9	$	4.4
Interest rate swap	Deferred and other long-term liabilities	$	300.0			0.0		0.9
Total liabilities					$	3.9	$	5.3
Derivatives not designated as hedging      instruments
Asset Derivatives
Equity derivatives	Other current assets	$	31.7		$	0.1	$	2.8
Foreign exchange contracts	Other current assets	$	35.8			0.9		0.0
Total assets					$	1.0	$	2.8
					Amount of Gain (Loss)
				Recognized in OCI
					from Derivatives
					for the Three Months Ended
	Other Comprehensive Income (Loss)				March 31,		March 31,
	Location				2015		2014
Derivatives designated as hedging instruments
Diesel fuel contracts (net of taxes)	Other comprehensive income (loss)				$	0.4	$	(0.2	)
Foreign exchange contracts (net of taxes)	Other comprehensive income (loss)					2.5		0.2
Total gain (loss) recognized in OCI					$	2.9	$	0.0
					Amount of Gain (Loss)
				Recognized in Income
					for the Three Months Ended
					March 31,		March 31,
	Income Statement Location				2015		2014
Derivatives not designated as hedging     instruments
Equity derivatives	Selling, general and administrative expenses				$	2.4	$	1.0
Foreign exchange contracts	Other income (expense), net					0.9		0.0
Total gain (loss) recognized in income					$	3.3	$	1.0

The notional amount of a derivative instrument is the nominal or face amount used to calculate payments made on that instrument.  The fair values of the derivative instruments disclosed above were measured based on Level 2 inputs (observable market-based inputs or unobservable inputs that are corroborated by market data).