XML 22 R33.htm IDEA: XBRL DOCUMENT v2.4.0.6
Fair Value Disclosures (Tables)
9 Months Ended
Sep. 30, 2012
Fair Value Disclosures [Abstract]  
Non-Pension Financial Assets And Liabilities Measured At Fair Value On A Recurring Basis
The following tables present the Company’s non-pension financial assets and liabilities which are measured at fair value on a recurring basis (in millions):
Description
Fair Value as of September 30, 2012
 
Quoted Prices in
Active Markets
for Identical
Assets (Level 1)
 
Significant Other
Observable
Inputs (Level 2)
 
Significant    
Unobservable    
Inputs (Level 3)    
Assets
 
 
 
 
 
 
 
Investment securities, including mutual funds (1)
$
10.8

 
$
8.0

 
$
2.8

 
$

Interest rate swaps (2)
41.3

 

 
41.3

 

Forward interest rate swaps (2)
1.0

 

 
1.0

 

Foreign currency derivatives (2)
0.4

 

 
0.4

 

Total
$
53.5

 
$
8.0

 
$
45.5

 
$

Liabilities
 
 
 
 
 
 
 
Forward interest rate swaps (2)
$
0.7

 
$

 
$
0.7

 
$

  Foreign currency derivatives (2)
0.8

 

 
0.8

 

Commodity swap (2)
1.7

 

 
1.7

 

Total
$
3.2

 
$

 
$
3.2

 
$

 
 
 
 
 
 
 
 
Description
Fair Value as of December 31, 2011
 
Quoted Prices in
Active Markets
for Identical
Assets (Level 1)
 
Significant Other
Observable
Inputs (Level 2)
 
Significant
Unobservable
Inputs (Level 3)
Assets
 
 
 
 
 
 
 
Investment securities, including mutual funds (1)
$
17.7

 
$
7.3

 
$
10.4

 
$

Interest rate swaps (2)
35.8

 

 
35.8

 

Foreign currency derivatives (2)
2.4

 

 
2.4

 

Total
$
55.9

 
$
7.3

 
$
48.6

 
$

Fair Value Of Certain Short And Long-Term Debt, Based On Market Prices
The fair values of certain of the Company’s long-term debt are based on quoted market prices (Level 1) and are as follows (in millions):
 
September 30, 2012
 
December 31, 2011
 
Fair Value
 
Book Value
 
Fair Value
 
Book Value    
Medium-term notes
$
1,953.8

 
$
1,869.2

 
$
1,679.7

 
$
1,632.3

Preferred securities underlying the junior convertible subordinated debentures

 

 
356.0

 
421.2