Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2011

Financial Instruments

Derivative Instruments Notional Amounts Outstanding

(DOLLARS IN THOUSANDS)	June 30, 2011		December 31, 2010
Forward currency contracts	$	212,700	$	141,050
Interest rate swaps	$	116,209	$	116,209

Derivative Instruments Measured At Fair Value

	June 30, 2011
(DOLLARS IN THOUSANDS)		Fair Value of Derivatives Designated as Hedging Instruments		Fair Value of Derivatives Not Designated as Hedging Instruments		Total Fair Value
Derivative assets (a)
Foreign currency contracts		$	139	$	2,073	$	2,212
Interest rate swaps			425		—		425
		$	564	$	2,073	$	2,637
Derivative liabilities (b)
Foreign currency contracts		$	9,646	$	3,825	$	13,471
		December 31, 2010
(DOLLARS IN THOUSANDS)		Fair Value of Derivatives Designated as Hedging Instruments		Fair Value of Derivatives Not Designated as Hedging Instruments		Total Fair Value
Derivative assets (a)
Foreign currency contracts		$	2,984	$	1,491	$	4,475
Interest rate swaps			112		—		112
		$	3,096	$	1,491	$	4,587
Derivative liabilities (b)
Foreign currency contracts		$	7,086	$	9,276	$	16,362
Interest rate swaps			348		—		348
		$	7,434	$	9,276	$	16,710

^(a) Derivative assets are recorded to Prepaid expenses and other current assets in the Consolidated Balance Sheet.

^(b) All derivative liabilities are recorded as Other current liabilities in the Consolidated Balance Sheet.

Derivative Instruments Which Were Not Designated As Hedging Instruments

Derivatives Not Designated as Hedging Instruments under ASC 815	Amount of (Loss) Gain Recognized in Income on Derivative					Location of (Loss) Gain Recognized in Income on Derivative
	For the three months ended June 30,
	2011			2010
Foreign currency contracts	$	(5,299	)	$	16,342	Other expense, net
Derivatives Not Designated as Hedging Instruments under ASC 815	Amount of (Loss) Gain Recognized in Income on Derivative					Location of (Loss) Gain Recognized in Income on Derivative
	For the six months ended June 30,
	2011			2010
Foreign currency contracts	$	(11,435	)	$	14,442	Other expense, net

Derivative Instruments Designated As Cash Flow And Net Investments Hedging Instruments

	Amount of (Loss) Gain Recognized in OCI on Derivative (Effective Portion)						Location of (Loss) Gain Reclassified from Accumulated OCI into Income (Effective Portion)	Amount of (Loss) Gain Reclassified from Accumulated OCI into Income (Effective Portion)
	For the three months ended June 30,							For the three months ended June 30,
	2011			2010				2011			2010
Derivatives in Cash Flow Hedging Relationships:
Cross currency swap (1)	$	93		$	(465	)	Other expense, net	$	(562	)	$	(314	)
Forward currency contracts	$	538		$	1,030		Cost of goods sold	$	(1,623	)	$
Derivatives in Net Investment Hedging Relationships:
Forward currency contracts	$	(962	)	$	4,185		N/A	$			$
Total	$	(331	)	$	4,750			$	(2,185	)	$	(314	)

	Amount of (Loss) Gain Recognized in OCI on Derivative (Effective Portion)						Location of (Loss) Gain Reclassified from Accumulated OCI into Income (Effective Portion)	Amount of (Loss) Gain Reclassified from Accumulated OCI into Income (Effective Portion)
	For the six months ended June 30,							For the six months ended June 30,
	2011			2010				2011			2010
Derivatives in Cash Flow Hedging Relationships:
Cross currency swap (1)	$	670		$	(184	)	Other expense, net	$	(1,087	)	$	(297	)
Forward currency contract	$	(2,126	)	$	1,030		Cost of goods sold	$	(2,620	)	$
Derivatives in Net Investment Hedging Relationships:
Forward currency contract	$	(2,413	)	$	4,809		N/A	$			$
Total	$	(3,869	)	$	5,655			$	(3,707	)	$	(297	)

⁽¹⁾ Ten year swap executed in 2003