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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2014
Fair Value Measurements  
Schedule of cash and cash equivalents and other investments reconciliation from adjusted cost to fair value

 

 

 
  June 30, 2014  
 
  Adjusted
Cost
  Unrealized
Gains
  Unrealized
Losses
  Fair Value  
 
  (in millions)
 

Cash

  $ 117.3   $   $   $ 117.3  

U.S. and Canadian government obligations

    2,051.8             2,051.8  

Other debt securities

    25.0             25.0  
                   

Total cash and cash equivalents

  $ 2,194.1   $   $   $ 2,194.1  

Restricted cash

    645.0             645.0  


 

 
  December 31, 2013  
 
  Adjusted
Cost
  Unrealized
Gains
  Unrealized
Losses
  Fair Value  
 
  (in millions)
 

Cash

  $ 148.9   $   $   $ 148.9  

U.S. and Canadian government obligations

    1,491.1             1,491.1  

Other debt securities

    70.8             70.8  
                   

Total cash and cash equivalents

  $ 1,710.8   $   $   $ 1,710.8  

Restricted cash

    154.0             154.0  

Asset retirement obligation funds

    203.7             203.7  
Schedule of assets and liabilities measured at fair value on a recurring basis

 

 

 
  June 30, 2014  
 
  Total Fair
Value
  Quoted Prices
in Active
Markets
(Level 1)
  Significant
Other
Observable
Inputs
(Level 2)
  Significant
Unobservable
Inputs
(Level 3)
 
 
  (in millions)
 

Cash and cash equivalents

  $ 2,194.1   $ 2,194.1   $   $  

Restricted cash

    645.0     645.0          

Unrealized gains on derivative instruments

    15.9         15.9      
                   

Total assets at fair value

  $ 2,855.0   $ 2,839.1   $ 15.9   $  
                   
                   

Unrealized losses on derivative instruments

  $ 3.2   $   $ 3.2   $  
                   

Total liabilities at fair value

  $ 3.2   $   $ 3.2   $  
                   
                   


 

 
  December 31, 2013  
 
  Total Fair
Value
  Quoted Prices
in Active
Markets
(Level 1)
  Significant
Other
Observable
Inputs
(Level 2)
  Significant
Unobservable
Inputs
(Level 3)
 
 
  (in millions)
 

Cash and cash equivalents

  $ 1,710.8   $ 1,710.8   $   $  

Restricted cash

    154.0     154.0          

Unrealized gains on derivative instruments

    74.3         74.3      

Asset retirement obligation funds

    203.7     203.7          
                   

Total assets at fair value

  $ 2,142.8   $ 2,068.5   $ 74.3   $  
                   
                   

Unrealized losses on derivative instruments

  $ 0.2   $   $ 0.2   $  
                   

Total liabilities at fair value

  $ 0.2   $   $ 0.2   $  
                   
                   
Schedule of carrying amounts and estimated fair values of financial instruments

 

 

 
  June 30, 2014   December 31, 2013  
 
  Carrying
Amount
  Fair Value   Carrying
Amount
  Fair Value  
 
  (in millions)
 

Long-term debt, including current portion

  $ 4,592.4   $ 5,012.4   $ 3,098.1   $ 3,276.7