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FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Mar. 31, 2012
FAIR VALUE MEASUREMENTS [Abstract]  
Table of financial instruments measured at fair value
The following table summarizes the financial assets and liabilities measured at fair value in the condensed balance sheets:
 
Fair Value Measurements
 
Balance at March 31, 2012
Level 1
 
Level 2
 
Level 3
   
Total
 
Assets
($ in millions)
 
Interest rate swaps
 
$
-
   
$
11.7
   
$
-
   
$
11.7
 
Liabilities
                               
Interest rate swaps
 
$
-
   
$
12.0
   
$
-
   
$
12.0
 
Commodity forward contracts
   
0.2
     
4.0
     
-
     
4.2
 
Earn out
   
-
     
-
     
33.1
     
33.1
 
               
Balance at December 31, 2011
             
Assets
  
Interest rate swaps
 
$
-
   
$
13.8
   
$
-
   
$
13.8
 
Liabilities
                               
Interest rate swaps
 
$
-
   
$
13.7
   
$
-
   
$
13.7
 
Commodity forward contracts
   
2.5
     
7.7
     
-
     
10.2
 
Earn out
   
-
     
-
     
49.0
     
49.0
 
               
Balance at March 31, 2011
             
Assets
  
Interest rate swaps
 
$
-
   
$
6.8
   
$
-
   
$
6.8
 
Commodity forward contracts
   
5.9
     
7.9
     
-
     
13.8
 
Liabilities
                               
Interest rate swaps
 
$
-
   
$
7.0
   
$
-
   
$
7.0
 
Earn out
   
-
     
-
     
42.5
     
42.5
 

Activity summary of financial instruments measure at fair value using level 3 inputs
The following table summarizes the activity for our financial instruments measured at fair value using Level 3 inputs:

   
March 31,
 
   
2012
   
2011
 
   
($ in millions)
 
Balance at beginning of year
 
$
(49.0
)
 
$
-
 
Purchases, sales and settlements
   
18.5
     
(42.3
)
Unrealized losses included in other (expense) income
   
(2.6
)
   
(0.2
)
Balance at end of period
 
$
(33.1
)
 
$
(42.5
)

Fair value of debt table
The following table summarizes the fair value measurements of debt and the actual debt recorded on our condensed balance sheets:

   
Fair Value - Debt
      
   
Level 2
   
Level 3
   
Total
   
Debt recorded
on balance sheet
 
   
($ in millions)
 
Balance at March 31, 2012
 
$
403.6
   
$
161.0
   
$
564.6
   
$
535.6
 
Balance at December 31, 2011
   
391.4
     
160.9
     
552.3
     
536.4
 
Balance at March 31, 2011
   
481.1
     
124.7
     
605.8
     
581.2