DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of fair value of derivative instruments designated as hedging instruments that are reported in the Consolidated Balance Sheet

The following table provides the location and fair value amounts of derivative instruments designated as hedging instruments that are reported in the Consolidated Balance Sheet (in millions):

Asset Derivatives	Balance Sheet Account	December 31, 2014			December 31, 2013
Foreign exchange contracts	Other current assets	$	10.1		$	10.0
Liability Derivatives
Foreign exchange contracts	Other current liabilities	10.5			6.2
Total Derivatives		$	(0.4	)	$	3.8

Schedule of fair value of derivative instruments not designated as hedging instruments that are reported in the Consolidated Balance Sheet

The following table provides the location and fair value amounts of derivative instruments not designated as hedging instruments that are reported in the Consolidated Balance Sheet (in millions):

Asset Derivatives	Balance Sheet Account	December 31, 2014		December 31, 2013
Foreign exchange contracts	Other current assets	$	2.2	$	4.1
Debt conversion feature	Other assets	3.0		—
Total asset derivatives		$	5.2	$	4.1
Liability Derivatives
Foreign exchange contracts	Other current liabilities	1.0		0.8
Total liability derivatives		$	1.0	$	0.8
Total Derivatives		$	4.2	$	3.3

Schedule of derivative instruments that are designated as hedges in the Consolidated Statement of Income and Accumulated other comprehensive income (loss) ("OCI")

The following tables provide the effect of derivative instruments that are designated as hedges in the Consolidated Statements of Income, Comprehensive Income and Accumulated other comprehensive income (“OCI”) (in millions):

Gain Recognized on Derivatives in Income:		Year Ended December 31,
Fair Value Derivatives	Location	2014			2013			2012
Interest rate contract	Interest expense	$	—		$	—		$	16.3
Interest rate contract	Loss on early extinguishment of debt	—			—			16.0
Total		$	—		$	—		$	32.3
(Loss) Gain Recognized on Derivatives in OCI:		Year Ended December 31,
Cash Flow Derivatives		2014			2013			2012
Foreign exchange contracts		$	(3.4	)	$	3.1		$	3.2
(Loss) Gain Reclassified from Accumulated OCI into Income (Effective):		Year Ended December 31,
Account		2014			2013			2012
Cost of goods sold		$	3.0		$	1.2		$	(5.2	)
Other income (expense) – net		0.5			3.2			(5.1		)
Total		$	3.5		$	4.4		$	(10.3	)
Gain (Loss) Recognized on Derivatives (Ineffective) in Income:		Year Ended December 31,
Account		2014			2013			2012
Other income (expense) – net		$	(0.4	)	$	(2.8	)	$	4.9

Schedule of derivative instruments that are not designated as hedges in the Consolidated Statement of Income and OCI

The following table provides the effect of derivative instruments that are not designated as hedges in the Consolidated Statements of Income and Comprehensive Income (in millions):

Gain (Loss) Recognized on Derivatives not designated as hedges in Income:	Year Ended December 31,
Account	2014		2013		2012
Cost of Goods Sold	$	—	$	0.7	$	(0.8	)
Other income (expense) – net	—		1.6		—
Total	$	—	$	2.3	$	(0.8	)

Schedule of accumulated other comprehensive income (loss)

Unrealized net gains (losses), net of tax, included in OCI are as follows (in millions):

	Year Ended December 31,
	2014			2013			2012
Balance at beginning of period	$	2.7		$	(0.4	)	$	(3.6	)
Additional gains (losses) – net	(1.4		)	6.1			(1.9		)
Amounts reclassified to earnings	(2.0		)	(3.0		)	5.1
Balance at end of period	$	(0.7	)	$	2.7		$	(0.4	)