Accounts Payable and Accrued Expenses

6 Months Ended

Jun. 30, 2014

Payables and Accruals [Abstract]

Accounts Payable and Accrued Expenses

Accounts Payable and Accrued Expenses

Accounts payable and accrued expenses at June 30, 2014 and December 31, 2013 are summarized as follows:

(in millions)	June 30, 2014		December 31, 2013
Trade accounts payable and interest payable	$	518.1	$	510.6
Employee related expenses	106.0		99.9
Restructuring expenses	19.8		20.6
Profit sharing and incentives	13.0		44.7
Accrued rebates	34.4		45.2
Deferred revenue - current	20.0		25.0
Derivative liabilities	1.8		1.5
Income taxes payable	19.2		62.5
Miscellaneous accrued expenses	108.3		125.6
	$	840.6	$	935.6