Derivative Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2013

Derivative Instruments and Hedges, Assets [Abstract]

Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]

Foreign exchange rate forward contracts—The purpose of these instruments is to hedge the risk of changes in future cash flows of anticipated purchase or sale commitments denominated in foreign currencies. At September 30, 2013, we held the following material positions:

	Notional Amount Bought (Sold)
(In millions)			USD Equivalent
Brazilian real	(71.3	)	(32.0	)
British pound	115.1		186.4
Canadian dollar	58.9		57.3
Chinese renminbi	112.5		18.4
Euro	78.6		106.4
Kuwaiti dinar	(8.6	)	(30.5	)
Malaysian ringgit	159.6		49.0
Norwegian krone	3,701.7		615.1
Polish zloty	32.3		10.4
Russian ruble	(1,847.8	)	(57.0	)
Singapore dollar	227.5		181.4
Swedish krona	118.9		18.5
Swiss franc	17.8		19.7
U.S. dollar	(1,126.2	)	(1,126.2	)

Foreign exchange rate instruments embedded in purchase and sale contracts—The purpose of these instruments is to match offsetting currency payments and receipts for particular projects, or comply with government restrictions on the currency used to purchase goods in certain countries. At September 30, 2013, our portfolio of these instruments included the following material positions:

	Notional Amount Bought (Sold)
(In millions)			USD Equivalent
Australian dollar	(12.5	)	(11.7	)
British pound	9.6		15.5
Euro	8.3		11.2
Norwegian krone	(141.9	)	(23.6	)

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

	September 30, 2013				December 31, 2012
(In millions)	Assets		Liabilities		Assets		Liabilities
Derivatives designated as hedging instruments:
Foreign exchange contracts:
Current – Derivative financial instruments	$	119.1	$	115.3	$	29.2	$	23.2
Long-term – Derivative financial instruments	53.0		44.2		5.7		8.3
Total derivatives designated as hedging instruments	172.1		159.5		34.9		31.5
Derivatives not designated as hedging instruments:
Foreign exchange contracts:
Current – Derivative financial instruments	17.2		19.3		44.2		27.2
Long-term – Derivative financial instruments	2.1		2.6		3.5		2.8
Total derivatives not designated as hedging instruments	19.3		21.9		47.7		30.0
Total derivatives	$	191.4	$	181.4	$	82.6	$	61.5

Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) [Table Text Block]

	Gain (Loss) Recognized in OCI (Effective Portion)
	Three Months Ended September 30,				Nine Months Ended September 30,
(In millions)	2013		2012		2013		2012
Interest rate contracts	$	—	$	0.5	$	—	$	1.2
Foreign exchange contracts	33.7		25.9		14.0		33.7
Total	$	33.7	$	26.4	$	14.0	$	34.9

Derivative Instruments, Gain (Loss) [Table Text Block]

Location of Gain (Loss) Reclassified from Accumulated OCI into Income	Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)
	Three Months Ended September 30,						Nine Months Ended September 30,
(In millions)	2013			2012			2013			2012
Foreign exchange contracts:
Revenue	$	(3.6	)	$	0.2		$	(5.1	)	$	3.0
Cost of sales	3.4			(0.6		)	6.4			(4.5		)
Selling, general and administrative expense	—			—			0.1			(0.1		)
Total	$	(0.2	)	$	(0.4	)	$	1.4		$	(1.6	)
Location of Gain (Loss) Recognized in Income	Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing)
	Three Months Ended September 30,						Nine Months Ended September 30,
(In millions)	2013			2012			2013			2012
Foreign exchange contracts:
Revenue	$	(0.6	)	$	4.1		$	(0.1	)	$	12.0
Cost of sales	(3.0		)	(6.1		)	(7.2		)	(14.2		)
Total	$	(3.6	)	$	(2.0	)	$	(7.3	)	$	(2.2	)

Location of Gain (Loss) Recognized in Income	Gain (Loss) Recognized in Income on Derivatives (Instruments Not Designated as Hedging Instruments)
	Three Months Ended September 30,						Nine Months Ended September 30,
(In millions)	2013			2012			2013			2012
Foreign exchange contracts:
Revenue	$	0.3		$	(0.1	)	$	1.4		$	1.5
Cost of sales	0.2			0.2			(0.4		)	(0.1		)
Other income (expense), net	(10.6		)	2.8			(10.3		)	3.9
Total	$	(10.1	)	$	2.9		$	(9.3	)	$	5.3

Offsetting Assets [Table Text Block]

	September 30, 2013							December 31, 2012
(In millions)	Gross Amount Recognized		Gross Amounts Not Offset Permitted Under Master Netting Agreements			Net Amount		Gross Amount Recognized		Gross Amounts Not Offset Permitted Under Master Netting Agreements			Net Amount
Derivative assets	$	191.4	$	(161.5	)	$	29.9	$	82.6	$	(47.1	)	$	35.5

Offsetting Liabilities [Table Text Block]

	September 30, 2013							December 31, 2012
(In millions)	Gross Amount Recognized		Gross Amounts Not Offset Permitted Under Master Netting Agreements			Net Amount		Gross Amount Recognized		Gross Amounts Not Offset Permitted Under Master Netting Agreements			Net Amount
Derivative liabilities	$	181.4	$	(161.5	)	$	19.9	$	61.5	$	(47.1	)	$	14.4