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Derivative Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2014
Derivative Financial Instruments  
Schedule of the gross fair values of derivatives on balance sheet

 

 

 
  March 31,
2014
  December 31,
2013
 
 
  (in millions)
 

Unrealized gains in other current assets

  $ 4.9   $ 7.8  

Unrealized losses in other current liabilities

         
           

Net unrealized derivative gains/(losses)

  $ 4.9   $ 7.8  
           
           

        

Schedule of effects of derivatives in consolidated statements of operations

 

 

 
  Three months
ended
March 31,
 
 
  2014   2013  
 
  (in millions)
 

Unrealized mark-to-market (losses) gains

  $ (4.0 ) $ 3.7  

Realized gains (losses)

    9.9     (1.6 )
           

Net derivative gains/(losses)

  $ 5.9   $ 2.1  
           
           

        

Schedule of offsetting of derivative assets and liabilities

 

 

 
   
  Gross amounts
not offset in
consolidated
balance sheet
   
 
 
  Gross and
Net amounts
presented in
consolidated
balance
sheet(1)
   
 
 
  Financial
instruments
  Cash
collateral
received
(pledged)
  Net
amount
 

March 31, 2014

                         

Total derivative assets

  $ 4.9   $   $   $ 4.9  

Total derivative liabilities

                 
                   

Net assets (liabilities)

  $ 4.9   $   $   $ 4.9  
                   
                   

December 31, 2013

                         

Total derivative assets

  $ 7.8   $   $   $ 7.8  

Total derivative liabilities

                 
                   

Net assets (liabilities)

  $ 7.8   $   $   $ 7.8  
                   
                   

(1)
We report the fair values of our derivative assets and liabilities on a gross basis on our consolidated balance sheet. As a result, amounts recognized and net amounts presented are the same.