DERIVATIVES AND HEDGING TRANSACTIONS (Tables)

12 Months Ended

Dec. 31, 2012

DERIVATIVES AND HEDGING TRANSACTIONS

Fair value of the company's outstanding derivatives

	ASSET DERIVATIVES				LIABILITY DERIVATIVES
MILLIONS	2012		2011		2012		2011
Derivatives designated as hedging instruments:
Foreign currency forward contracts	$	0.8	$	3.8	$	1.7	$	1.2
Derivatives not designated as hedging instruments:
Foreign currency forward contracts	5.7		6.6		8.2		2.1
Total	$	6.5	$	10.4	$	9.9	$	3.3

Impact on AOCI and earnings from derivative contracts qualified as cash flow hedges

MILLIONS	LOCATION	2012			2011			2010
Unrealized gain (loss) recognized into AOCI (effective portion)
Foreign currency forward contracts	AOCI (equity)	$	(1.9	)	$	0.2		$	(2.5	)
Interest rate swap contracts	AOCI (equity)	—			(15.3		)	—
Gain (loss) recognized in income (effective portion)
Foreign currency forward contracts	Sales	(0.1		)	(0.3		)	—
	Cost of sales	2.0			(4.7		)	(4.1		)
	SG&A	0.2			(1.5		)	0.5
		2.1			(6.5		)	(3.6		)
Interest rate swap contracts	Interest expense, net	(2.7		)	(0.8		)	(0.4		)
	Total	$	(0.6	)	$	(7.3	)	$	(4.0	)
Gain (loss) recognized in income (ineffective portion)
Foreign currency forward contracts	Interest expense, net	$	(1.2	)	$	(1.8	)	$	(1.2	)

Impact on earnings from derivative contracts not designated as hedging instruments

MILLIONS	LOCATION	2012			2011			2010
Gain (loss) recognized in income
Foreign currency forward contracts	SG&A	$	(0.9	)	$	2.9		$	(5.4	)
	Interest expense, net	(7.0		)	(5.4		)	(5.5		)
	Total	$	(7.9	)	$	(2.5	)	$	(10.9	)

Gains and losses on net investment hedge

MILLIONS	2012		2011			2010
Revaluation gains (losses), net of tax	$	9.8	$	(9.5	)	$	37.6