Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2012

Location and Fair Value of Derivative Instruments Segregated Between Designated and Not Designated Hedging Instruments

The location and fair values of derivative instruments segregated between those derivatives that are designated as hedging instruments and those that are not designated as hedging instruments at December 31, are as follows:

	Balance Sheet Location	Fair Value of Derivatives
Derivatives Designated as Hedging Instruments		2012		2011
(dollars in millions)
Forward currency contracts	Other current assets	$	1.4	$	1.5
Option currency contracts	Other current assets		0.6		4.3
Interest rate swap contract	Other assets		13.3		12.1
		$	15.3	$	17.9
Forward currency contracts	Accrued expenses	$	0.4	$	6.4
		$	0.4	$	6.4
Derivatives Not Designated as Hedging Instruments
(dollars in millions)
Forward currency contracts	Other current assets	$	—	$	3.8
		$	—	$	3.8

Location and Amounts of Gains and Losses on Derivative Instruments Designated as Cash Flow Hedges

The location and amounts of gains and losses on derivative instruments designated as cash flow hedges and the impact on shareholders’ investment for the years ended December 31, are as follows:

	Gain/(Loss) Recognized in Other Comprehensive Income (Loss)								Location of Gain/(Loss) Reclassified from Accumulated Other Comp. Loss into Income	Gain/(Loss) Reclassified from Accumulated Other Comp. Loss into Income(A)
(dollars in millions)	2012			2011			2010			2012			2011		2010
Forward currency contracts	$	3.5		$	(3.9	)	$	0.1	Costs of goods sold	$	(0.9	)	$	1.0	$	0.4
Option currency contracts		(2.8	)		2.5			0.8	Costs of goods sold		1.9			—		0.4
	$	0.7		$	(1.4	)	$	0.9		$	1.0		$	1.0	$	0.8

^(A) The tax effect of the amount reclassified from accumulated other comprehensive loss to income was $0.1 million, $1.0 million and $0.1 million at December 31, 2012, 2011 and 2010, respectively.

Location and Amounts of Gains and Losses on Derivative Instrument Designated as Fair Value Hedge

The location and amounts of gains and losses on the derivative instrument designated as a fair value hedge for the years ended December 31, are as follows:

			Gain Recognized on Swap						(Loss) Recognized on Long-Term Debt
(dollars in millions)	Income Statement Location		2012		2011		2010		2012			2011			2010
Interest rate swap contract		Interest expense	$	1.2	$	11.4	$	0.7	$	(1.2	)	$	(11.4	)	$	(0.7	)

Location and Amounts of Gains and Losses on Derivative Instruments Not Designated as Hedging Instruments

The location and amounts of gains and losses on derivative instruments not designated as hedging instruments for the years ended December 31, are as follows:

		Gain Recognized in Earnings
(dollars in millions)	Income Statement Location	2012		2011		2010
Forward currency contracts(A)	Other (income) expense, net	$	3.0	$	2.0	$	1.8

^(A) These derivative contracts mitigate changes in the value of remeasured foreign currency denominated intercompany loans attributable to changes in foreign currency exchange rates.

Financial Instrument Assets and (Liabilities) Measured at Fair Value on Recurring Basis

The following table summarizes certain financial instrument assets and (liabilities) measured at fair value on a recurring basis at December 31:

	2012		2011
(dollars in millions)
Foreign government bonds and notes	$	—	$	3.6
Forward currency contracts		1.0		(1.1	)
Option currency contracts		0.6		4.3
Interest rate swap contract		13.3		12.1

Accounts Receivable, Net of Allowances

At December 31, 2012, the company’s accounts receivable, net of allowances, from the national healthcare systems in these countries and amounts past due greater than 365 days were as follows:

	Accounts receivable, net		Greater than 365 days past due
(dollars in millions)
Spain	$	18.5	$	0.4
Italy		27.5		4.5
Greece		13.0		4.0
Portugal		3.7		0.8
	$	62.7	$	9.7