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Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The fair value of outstanding derivative contracts recorded as assets and liabilities on the Consolidated Balance Sheets at December 31, 2015 and 2014 was as follows:
 
 
Asset Derivatives
 
Liability Derivatives
(In thousands)
 
Balance Sheet Location
 
Fair Value
 
Balance Sheet Location
 
Fair Value
December 31, 2015
 
 
 
 
 
 
 
 
Derivatives designated as hedging instruments:
Foreign currency exchange forward contracts
 
Other current assets
 
$
1,640

 
Other current liabilities
 
$

Cross-currency interest rate swaps
 
Other assets
 
15,417

 
Other liabilities
 

Total derivatives designated as hedging instruments
 
 
 
$
17,057

 
 
 
$

 
 
 
 
 
 
 
 
 
Derivatives not designated as hedging instruments:
Foreign currency exchange forward contracts
 
Other current assets
 
$
4,188

 
Other current liabilities
 
$
1,738

 
 
Asset Derivatives
 
Liability Derivatives
(In thousands)
 
Balance Sheet Location
 
Fair Value
 
Balance Sheet Location
 
Fair Value
December 31, 2014
 
 
 
 
 
 
 
 
Derivatives designated as hedging instruments:
Foreign currency exchange forward contracts
 
Other current assets
 
$
420

 

 
$

Cross-currency interest rate swaps
 
Other assets
 
52,989

 
Other liabilities
 
2,599

Total derivatives designated as hedging instruments
 
 
 
$
53,409

 
 
 
$
2,599

 
 
 
 
 
 
 
 
 
Derivatives not designated as hedging instruments:
Foreign currency exchange forward contracts
 
Other current assets
 
$
4,065

 
Other current liabilities
 
$
4,618

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance
The effect of derivative instruments in the Consolidated Statements of Operations and the Consolidated Statements of Comprehensive Income (Loss) during 2015, 2014 and 2013 was as follows:
Derivatives Designated as Hedging Instruments
(In thousands)
 
Amount of
Gain (Loss)
Recognized in
Other
Comprehensive
Income
("OCI") on
Derivative—Effective
Portion
 
Location of Gain
(Loss) Reclassified
from Accumulated
OCI into Income—Effective
Portion
Amount of
Gain (Loss)
Reclassified
from
Accumulated
OCI into
Income—Effective
Portion
 
Location of Gain
(Loss) Recognized
in Income on
Derivative—Ineffective Portion
and Amount
Excluded from
Effectiveness
Testing
Amount of
Gain (Loss)
Recognized
in Income
on Derivative—Ineffective
Portion and
Amount
Excluded
from Effectiveness
Testing
 
Twelve Months Ended December 31, 2015:
Foreign currency exchange forward contracts
 
$
580

 
Cost of services and products sold
$
53

 

$

 
Cross-currency interest rate swaps
 
9,012

 
 

 
Cost of services and products sold
30,359

(a)
 
 
$
9,592

 
 
$
53

 
 
$
30,359

 
Twelve Months Ended December 31, 2014:
Foreign currency exchange forward contracts
 
$
358

 
Cost of services and products sold
$
4

 

$

 
Cross-currency interest rate swaps
 
(1,977
)
 
 

 
Cost of services and products sold
39,823

(a)
 
 
$
(1,619
)
 
 
$
4

 
 
$
39,823

 
Twelve Months Ended December 31, 2013:
Foreign currency exchange forward contracts
 
$
48

 
Cost of services and products sold
$
(8
)
 
Cost of services and products sold
$
(6
)
 
Cross-currency interest rate swaps
 
2,409

 
 

 
Cost of services and products sold
(12,061
)
(a)
 
 
$
2,457

 
 
$
(8
)
 
 
$
(12,067
)
 
(a)
These gains (losses) offset foreign currency fluctuation effects on the debt principal.

Derivatives Not Designated as Hedging Instruments
 
 
Location of Loss Recognized in Income on Derivative
 
Amount of Loss Recognized in Income on Derivative for the Twelve Months Ended December 31(a)
(In thousands)
 
 
2015
 
2014
 
2013
Foreign currency exchange forward contracts
 
Cost of services and products sold
 
$
(158
)
 
$
(2,307
)
 
$
(10,463
)
(a)
These losses offset amounts recognized in cost of service and products sold principally as a result of intercompany or third-party foreign currency exposures.
Schedule of Derivative Instruments
The following table indicates the contractual amounts of the Company's CCIRs:
 
 
Contractual
Amounts
 
Interest Rates
(In millions)
 
 
Receive
 
Pay
Maturing 2020
 
$
220.0

 
Fixed U.S. dollar rate
 
Fixed British pound sterling rate
Maturing 2016 through 2017
 
6.5

 
Floating U.S. dollar rate
 
Fixed rupee rate
Contracted Amounts of Foreign Currency Exchange Forward Contracts Outstanding at December 31, 2015:
(In thousands)
 
Type
 
U.S. Dollar
Equivalent
 
Maturity
 
Recognized
Gain (Loss)
British pounds sterling
 
Sell
 
$
43,511

 
January 2016
 
$
822

British pounds sterling
 
Buy
 
2,062

 
January 2016
 
(54
)
Euros
 
Sell
 
336,397

 
January 2016 through December 2016
 
547

Euros
 
Buy
 
167,037

 
January 2016 through August 2016
 
2,497

Other currencies
 
Sell
 
35,426

 
January 2016 through March 2016
 
316

Other currencies
 
Buy
 
7,981

 
January 2016
 
(38
)
Total
 
 
 
$
592,414

 
 
 
$
4,090

Contracted Amounts of Foreign Currency Exchange Forward Contracts Outstanding at December 31, 2014:
(In thousands)
 
Type
 
U.S. Dollar
Equivalent
 
Maturity
 
Recognized
Gain (Loss)
British pounds sterling
 
Sell
 
$
37,943

 
January 2015
 
$
179

British pounds sterling
 
Buy
 
2,783

 
January 2015
 
(4
)
Euros
 
Sell
 
193,370

 
January 2015 through March 2015
 
2,993

Euros
 
Buy
 
194,084

 
January 2015 through March 2015
 
(3,767
)
Other currencies
 
Sell
 
12,641

 
January 2015 through
December 2015
 
439

Other currencies
 
Buy
 
28,001

 
January 2015 through June 2015
 
27

Total
 
 
 
$
468,822

 
 
 
$
(133
)
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table indicates the fair value hierarchy of the financial instruments of the Company at December 31, 2015 and 2014:
Level 2 Fair Value Measurements
(In thousands)
 
December 31
2015
 
December 31
2014
Assets
 
 
 
 
Foreign currency exchange forward contracts
 
$
5,828

 
$
4,485

Cross-currency interest rate swaps
 
15,417

 
52,989

Liabilities
 
 
 
 
Foreign-currency forward exchange contracts
 
1,738

 
4,618

Cross currency interest rate swaps
 

 
2,599

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
The following table reconciles the beginning and ending balances for liabilities measured on a recurring basis using unobservable inputs (Level 3) for the years ended December 31, 2015 and 2014:
Level 3 Liabilities—Unit Adjustment Liability (a) for the Twelve Months Ended December 31
(In thousands)
 
2015
 
2014
 
Balance at beginning of year
 
$
93,762

 
$
106,343

 
Payments
 
(22,320
)
 
(22,320
)
 
Change in fair value to the unit adjustment liability
 
8,491

 
9,740

 
Balance at end of year
 
$
79,934

(b)
$
93,762

(b)

(a)
See Note 5, Equity Method Investments, for additional information related to the unit adjustment liability.
(b)
Does not total due to rounding.