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FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2012
Fair Value Disclosures [Abstract]  
Table of financial instruments measured at fair value
The following table summarizes the assets and liabilities measured at fair value in the condensed balance sheets:
 
Fair Value Measurements
Balance at June 30, 2012
Level 1
 
Level 2
 
Level 3
 
Total
Assets
($ in millions)
Interest rate swaps
$

 
$
9.4

 
$

 
$
9.4

Liabilities
 
 
 
 
 
 
 
Interest rate swaps
$

 
$
11.6

 
$

 
$
11.6

Commodity forward contracts
1.3

 
6.4

 

 
7.7

Earn out

 

 
35.3

 
35.3

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 June 30, 2011
 
 
 
 
 
 
 
Assets
 
Interest rate swaps
$

 
$
8.4

 
$

 
$
8.4

Commodity forward contracts
3.3

 
5.3

 

 
8.6

Liabilities
 
 
 
 
 
 
 
Interest rate swaps
$

 
$
8.5

 
$

 
$
8.5

Commodity forward contracts

 
0.1

 

 
0.1

Earn out

 

 
43.2

 
43.2

Activity summary of financial instruments measure at fair value using level 3 inputs
The following table summarizes the activity for our earn out liability measured at fair value using Level 3 inputs:
 
June 30,
 
2012
 
2011
 
($ in millions)
Balance at beginning of year
$
49.0

 
$

(Settlements) purchases
(18.5
)
 
42.3

Unrealized losses included in other (expense) income
4.8

 
0.9

Balance at end of period
$
35.3

 
$
43.2

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 Measurements
 
 
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Amount recorded
on balance sheets
 
($ in millions)
Balance at June 30, 2012
$

 
$
400.2

 
$
153.0

 
$
553.2

 
$
527.5

Balance at December 31, 2011

 
391.4

 
160.9

 
552.3

 
536.4

Balance at June 30, 2011

 
488.3

 
124.8

 
613.1

 
582.8