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Derivatives Schedule of Derivatives (Tables)
3 Months Ended
Mar. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments
Set forth below is information related to the interest rate swap agreements:
(Millions, except for percentages)
 
March 31,
2015

 
December 31,
2014

Designated portion, measured at fair value:
 
 
 
 
Other assets
 
$
—

 
$
0.4

Other current liabilities
 
$
28.5

 
$
28.5

Other non-current liabilities
 
$
54.7

 
$
48.7

Accumulated other comprehensive (loss) income
 
$
(3.7
)
 
$
4.9

De-designated portion, unamortized value:
 
 
 
 
Accumulated other comprehensive loss
 
$
(5.5
)
 
$
(8.8
)
Weighted average fixed rate paid
 
3.57
%
 
3.57
%
Variable rate received
 
0.17
%
 
0.16
%
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance
Changes in the value of these derivative instruments were as follows for the three month periods ended March 31:
(Millions)
 
2015

 
2014

Changes in fair value of effective portion, net of tax (a)
 
$
(5.2
)
 
$
(4.3
)
Amortization of unrealized losses on de-designated interest rate swaps, net of tax (a)
 
$
2.0

 
$
2.6


(a)
Included as a component of other comprehensive loss and will be reclassified into earnings as the hedged transaction affects earnings.
Offsetting Assets
Information pertaining to derivative assets was as follows:
 
 
 
 
 
Gross Amounts Not Offset in the Consolidated
Balance Sheets
 
 
(Millions)
Gross Amount of Recognized
Assets
 
Net Amount of Assets presented in the Consolidated Balance Sheets
 
Financial Instruments
 
Cash Collateral Received
 
Net Amount
December 31, 2014:
 
 
 
 
 
 
 
 
 
Interest rate swaps
$
0.4

 
$
0.4

 
$
(0.3
)
 
$
—

 
$
0.1


Offsetting Liabilities
Information pertaining to derivative liabilities was as follows:
 
 
 
 
 
Gross Amounts Not Offset in the Consolidated
Balance Sheets
 
 
(Millions)
Gross Amount of Recognized Liabilities
 
Net Amount of Liabilities presented in the Consolidated Balance Sheets
 
Financial Instruments
 
Cash Collateral Received
 
Net Amount
March 31, 2015:
 
 
 
 
 
 
 
 
 
Interest rate swaps
$
83.2

 
$
83.2

 
$
—

 
$
—

 
$
83.2

 
 
 
 
 
 
 
 
 
 
December 31, 2014:
 
 
 
 
 
 
 
 
 
Interest rate swaps
$
77.2

 
$
77.2

 
$
(0.3
)
 
$
—

 
$
76.9