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Fair Value Of Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2011
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract] 
Fair Value Of Assets And Liabilities Measured On Recurring Basis
The following table summarizes our financial assets and liabilities measured at fair value on a recurring basis as of September 30, 2011 and December 31, 2010 (in millions):
 
 
Balance as of
September 30, 2011

 
Quoted Prices in
Active Markets (Level 1)
 
Balance as of
December 31, 2010

 
Quoted Prices in
Active Markets (Level 1)
Description
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
Cash and cash equivalents:
 
 
 
 
 
 
 
Demand and time deposits
$
396.7

 
$
396.7

 
$
309.4

 
$
309.4

Money market funds

 

 
46.1

 
46.1

Treasuries
213.9

 
213.9

 
267.8

 
267.8

Commercial paper
48.7

 
48.7

 

 

Other Current Assets
 
 
 
 
 
 
 
Foreign currency exchange contracts
$
1.5

 
$
1.5

 
$
1.1

 
$
1.1

Liabilities:
 
 
 
 
 
 
 
Foreign currency exchange contracts
$

 
$

 
$
0.6

 
$
0.6

Carrying Amounts And Fair Values Of Long-Term Borrowings
The carrying amounts and fair values of the Company’s long-term borrowings (excluding capital lease obligations, real estate mortgages and equipment financing) at September 30, 2011 and December 31, 2010 are as follows (in millions):
 
 
September 30, 2011
 
December 31, 2010
 
Carrying
Amount
 
Fair Value
 
Carrying
Amount
 
Fair Value
Long-term debt, including current portion
 
 
 
 
 
 
 
Convertible Notes - Level 1
$
559.5

 
$
660.9

 
$
579.7

 
$
818.0

Long-term debt - Level 3
$
523.1

 
$
490.6

 
$
160.7

 
$
155.1