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Derivatives (Tables)
9 Months Ended
Sep. 30, 2014
Derivative Instruments, Gain (Loss) [Line Items]  
Schedule Of Derivative Instruments
The following table summarizes the Company’s outstanding derivative instruments and their effects on the Condensed Consolidated Balance Sheets as of September 30, 2014 and December 31, 2013 (in millions):
 
 
 
 
Assets
 
 
 
Liabilities
Derivatives designated as hedging instruments
 
Balance Sheet Location
 
September 30, 2014
 
December 31, 2013
 
Balance Sheet Location
 
September 30, 2014
 
December 31, 2013
Interest rate swaps
 
Other assets
 
$
19.0

 
$
23.1

 
Other noncurrent liabilities
 
$
23.2

 
$
35.5

Foreign exchange contracts on inventory-related purchases
 
Prepaid expenses and other and other assets
 
6.0

 
2.9

 
Other accrued liabilities
 
1.5

 
1.2

Foreign exchange contracts on intercompany borrowings
 
Prepaid expenses and other
 
0.3

 

 
Other accrued liabilities
 

 
0.2

Total assets
 
 
 
$
25.3

 
$
26.0

 
Total liabilities
 
$
24.7

 
$
36.9

Fair Value Hedging [Member]
 
Derivative Instruments, Gain (Loss) [Line Items]  
Schedule Of Pretax Effects Of Derivative Instruments Designated As Hedges
The following table presents the pretax effects of derivative instruments designated as fair value hedges on the Company’s Condensed Consolidated Statements of Operations (in millions):
Derivatives in fair value hedging relationships
 
Location of gain (loss)
recognized in income
 
Amount of gain (loss) recognized in income
Three Months Ended
 
Nine Months Ended
September 30,
 
September 30,
2014
 
2013
 
2014
 
2013
Interest rate swaps
 
Interest expense, net
 
$
(5.3
)
 
$
2.3

 
$
8.2

 
$
(34.7
)
Fixed-rate debt
 
Interest expense, net
 
$
5.3

 
$
(2.3
)
 
$
(8.2
)
 
$
34.7

Cash Flow Hedging [Member]
 
Derivative Instruments, Gain (Loss) [Line Items]  
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]
The following table presents the pretax effects of derivative instruments designated as cash flow hedges on the Company’s Condensed Consolidated Statements of Operations and accumulated other comprehensive income (loss) (“AOCI”) (in millions):
Derivatives in cash flow hedging relationships
 
Location of gain (loss)
recognized in income
 
Amount of gain (loss) reclassified from AOCI into income
Three Months Ended
 
Nine Months Ended
September 30,
 
September 30,
2014
 
2013
 
2014
 
2013
Foreign exchange contracts on inventory-related purchases
 
Cost of products sold
 
$
0.2

 
$
0.7

 
$
2.6

 
$
2.9

Foreign exchange contracts on intercompany borrowings
 
Interest expense, net
 

 

 
0.1

 

Forward interest rate swaps
 
Interest expense, net
 
(0.1
)
 
(0.2
)
 
(0.5
)
 
(0.6
)
 
 
 
 
$
0.1

 
$
0.5

 
$
2.2

 
$
2.3

Derivatives in cash flow hedging relationships
 
Amount of gain (loss) recognized in AOCI
Three Months Ended
 
Nine Months Ended
September 30,
 
September 30,
2014
 
2013
 
2014
 
2013
Foreign exchange contracts on inventory-related purchases
 
$
7.9

 
$
(1.0
)
 
$
5.5

 
$
3.3

Foreign exchange contracts on intercompany borrowings
 
2.2

 
(1.9
)
 
2.3

 
(0.1
)
 
 
$
10.1

 
$
(2.9
)
 
$
7.8

 
$
3.2