Fair Value Measurement (Tables)

9 Months Ended

12 Months Ended

Sep. 30, 2013

Dec. 31, 2012

Schedule of carrying value and estimated fair value of financial instruments

	As of September 30, 2013
(in millions)	Carrying Value		Fair Value (a)
Financial instruments:
Settlement assets:
Short-term investment securities	$	59.8	$	59.8
Long-term investment securities	$	18.6	$	18.6
Other current assets:
Derivative financial instruments	$	6.7	$	6.7
Other long-term assets:
Long-term investment securities	$	0.6	$	0.6
Cost method investments	$	9.1	$	9.1
Derivative financial instruments	$	66.6	$	66.6
Other current liabilities:
Derivative financial instruments	$	21.6	$	21.6
Long-term borrowings:
Long-term borrowings	$	22,565.1	$	23,359.3
Other long-term liabilities:
Derivative financial instruments	$	126.9	$	126.9

(a) Represents cost for cost method investments. Refer to Note 10 of these Consolidated Financial Statements for a more detailed discussion of cost method investments.

	As of December 31, 2012				As of December 31, 2011
(in millions)	Carrying Value		Fair Value (a)		Carrying Value		Fair Value (a)
Financial instruments:
Settlement assets:
Short-term investment securities	$	125.6	$	125.6	$	105.7	$	105.7
Long-term investment securities	$	54.3	$	54.3	$	181.0	$	181.0
Other current assets:
Derivative financial instruments	$	11.1	$	11.1	$	—	$	—
Other long-term assets:
Long-term investment securities	$	0.5	$	0.5	$	0.5	$	0.5
Cost method investments	$	13.4	$	13.4	$	23.7	$	23.7
Derivative financial instruments	$	89.8	$	89.8	$	76.3	$	76.3
Other current liabilities:
Derivative financial instruments	$	0.3	$	0.3	$	156.7	$	156.7
Long-term borrowings:
Long-term borrowings	$	22,528.9	$	22,732.6	$	22,521.7	$	20,189.8
Other long-term liabilities:
Derivative financial instruments	$	171.8	$	171.8	$	39.7	$	39.7

(a) Represents cost for cost method investments. Refer to Note 5 of these Consolidated Financial Statements for a more detailed discussion of cost method investments.

Schedule of financial instruments carried and measured at fair value on a recurring basis

	As of September 30, 2013
	Fair Value Measurement Using
(in millions)	Quoted prices in active markets for identical assets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)		Total
Assets:
Settlement assets:
Student loan auction rate securities	$	—	$	—	$	13.6	$	13.6
Corporate bonds	—		6.1		—		6.1
State and municipal obligations	—		56.7		—		56.7
Preferred stock	2.0		—		—		2.0
Total settlement assets	2.0		62.8		13.6		78.4

Other current assets:
Interest rate swap contracts	—		6.7		—		6.7
Other long-term assets:
Available-for-sale securities	—		0.6		—		0.6
Foreign currency derivative contracts	—		11.1		—		11.1
Interest rate swap contracts	—		55.5		—		55.5
Total assets at fair value	$	2.0	$	136.7	$	13.6	$	152.3

Liabilities:
Other current liabilities:
Foreign currency derivative contracts	$	—	$	21.1	$	—	$	21.1
Interest rate swap contracts	—		0.5		—		0.5
Other long-term liabilities:
Foreign currency derivative contracts	—		10.5		—		10.5
Interest rate swap contracts	—		116.4		—		116.4
Contingent consideration	—		—		20.0		20.0
Total liabilities at fair value	$	—	$	148.5	$	20.0	$	168.5

	As of December 31, 2012
	Fair Value Measurement Using
(in millions)	Quoted prices in active markets for identical assets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)		Total
Assets:
Settlement assets:
Student loan auction rate securities	$	—	$	—	$	38.8	$	38.8
Corporate bonds	—		6.6		—		6.6
State and municipal obligations	—		133.9		—		133.9
Preferred stock	0.6		—		—		0.6
Total settlement assets	0.6		140.5		38.8		179.9

Other current assets:
Interest rate swap contracts	—		1.0		—		1.0
Foreign currency derivative contracts	—		10.1		—		10.1
Other long-term assets:
Available-for-sale securities	—		0.5		—		0.5
Interest rate swap contracts	—		89.8		—		89.8
Total assets at fair value	$	0.6	$	241.9	$	38.8	$	281.3

Liabilities:
Other current liabilities:
Interest rate swap contracts	$	—	$	0.3	$	—	$	0.3
Other long-term liabilities:
Foreign currency derivative contracts	—		34.4		—		34.4
Interest rate swap contracts	—		137.4		—		137.4
Contingent consideration	—		—		20.0		20.0
Total liabilities at fair value	$	—	$	172.1	$	20.0	$	192.1

	As of December 31, 2012
	Fair Value Measurement Using
(in millions)	Quoted prices in active markets for identical assets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)		Total
Assets:
Settlement assets:
Student loan auction rate securities	$	—	$	—	$	38.8	$	38.8
Corporate bonds	—		6.6		—		6.6
State and municipal obligations	—		133.9		—		133.9
Preferred stock	0.6		—		—		0.6
Total settlement assets	0.6		140.5		38.8		179.9

Other current assets:
Interest rate swap contracts	—		1.0		—		1.0
Foreign currency derivative contracts	—		10.1				10.1
Other long-term assets:
Available-for-sale securities	—		0.5		—		0.5
Interest rate swap contracts	—		89.8		—		89.8
Total assets at fair value	$	0.6	$	241.9	$	38.8	$	281.3

Liabilities:
Other current liabilities:
Interest rate swap contracts	$	—	$	0.3	$	—	$	0.3
Other long-term liabilities:
Foreign currency derivative contracts	—		34.4		—		34.4
Interest rate swap contracts	—		137.4		—		137.4
Contingent consideration	—		—		20.0		20.0
Total liabilities at fair value	$	—	$	172.1	$	20.0	$	192.1

	As of December 31, 2011
	Fair Value Measurement Using
(in millions)	Quoted prices in active markets for identical assets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)		Total
Assets:
Settlement assets:
Student loan auction rate securities	$	—	$	—	$	170.5	$	170.5
Corporate bonds	—		10.2		—		10.2
State and municipal obligations	—		95.5		—		95.5
U.S. Government guaranteed agency securities	—		10.0		—		10.0
Preferred stock	0.5		—		—		0.5
Total settlement assets	0.5		115.7		170.5		286.7

Other long-term assets:
Available-for-sale securities	—		0.5		—		0.5
Interest rate swap contracts	—		65.4		—		65.4
Foreign currency derivative contracts	—		10.9		—		10.9
Total other long-term assets	—		76.8		—		76.8
Total assets at fair value	$	0.5	$	192.5	$	170.5	$	363.5

Liabilities:
Other current liabilities:
Interest rate swap contracts	$	—	$	156.7	$	—	$	156.7
Other long-term liabilities:
Foreign currency derivative contracts	—		27.8		—		27.8
Forward-starting interest rate contracts	—		11.9		—		11.9
Total liabilities at fair value	$	—	$	196.4	$	—	$	196.4

Schedule of reconciliation of level 3 financial instruments

(in millions)	Fair Value Measurement Using Significant Unobservable Inputs (Level 3) Student loan auction rate securities
Beginning balance as of January 1, 2013	$	38.8
Total realized gains included in product sales and other	1.3
Total unrealized losses included in other comprehensive income	(0.4		)
Sales	(26.1		)
Ending balance as of September 30, 2013	$	13.6

(in millions)	Fair Value Measurement Using Significant Unobservable Inputs (Level 3) Student loan auction rate securities
Beginning balance as of January 1, 2011	$	341.1
Total gains or losses (realized or unrealized):
Included in other comprehensive income	1.2
Included in product sales and other (a)	(4.5		)
Sales	(158.4		)
Settlements	(8.9		)
Transfers in (out) of Level 3	—
Ending balance as of December 31, 2011	170.5
Total realized gains included in product sales and other	4.4
Sales	(135.6		)
Settlements	(0.5		)
Transfers in (out) of Level 3	—
Ending balance as of December 31, 2012	$	38.8

(a) Includes impairments of $5.2 million for the year ended December 31, 2011.

Schedule of reconciliation of level 3 financial instruments related to contingent consideration

(in millions)	Fair Value Measurement Using Significant Unobservable Inputs (Level 3) Contingent consideration
Beginning balance as of January 1, 2013	$	20.0
Contingent consideration payments	—
Change in fair value of contingent consideration	—
Ending balance as of September 30, 2013	$	20.0

(in millions)	Fair Value Measurement Using Significant Unobservable Inputs (Level 3) Contingent consideration
Beginning balance as of January 1, 2012	$	—
Initial estimate of contingent consideration	20.0
Contingent consideration payments	—
Change in fair value of contingent consideration	—
Ending balance as of December 31, 2012	$	20.0

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

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- Definition

Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments, assets, and liabilities. Such certain disclosures about the financial instruments, assets, and liabilities include: (1) the fair value of the required items together with their carrying amounts (as appropriate) and (2) the methodology and assumptions used in developing such estimates of fair value.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 15

-Subparagraph b-d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 159

-Paragraph 18

-Subparagraph c(2), d, e, f

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 157

-Paragraph 32

-Subparagraph a, c(1), c(2), c(3), d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 10

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13433-108611

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 11

-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13467-108611

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 12

-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13476-108611

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 30

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 14

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 45

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6447952&loc=d3e13220-108610

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 159

-Paragraph 19

-Subparagraph a, b, c(1), d(1)

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

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