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Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2012
Financial Instruments  
Summary of financial assets and liabilities measured at fair value on a recurring basis

 

 

 
  Fair Value of Derivative Instruments(1)  
 
  Asset Derivatives(2)   Liability Derivatives(2)  
 
  March 31,
2012
  December 31,
2011
  March 31,
2012
  December 31,
2011
 

Derivatives not designated as hedging instruments under ASC 815:

                         

Gasoline swaps

  $ 1.2   $   $   $ 0.4  

Interest rate caps

    0.1     0.5     0.1     0.4  

Foreign exchange forward contracts

    6.5     4.4     2.8     1.9  

Interest rate swaps

            0.1     0.2  

Foreign exchange options

    0.1     0.1          
                   

Total derivatives not designated as hedging instruments under ASC 815          

  $ 7.9   $ 5.0   $ 3.0   $ 2.9  
                   

(1)
All fair value measurements were primarily based upon significant observable (Level 2) inputs.

(2)
All asset derivatives are recorded in "Prepaid expenses and other assets" and all liability derivatives are recorded in "Accrued liabilities" on our condensed consolidated balance sheets.
Schedule of gain (loss) on derivative instruments not designated as hedges recognized in income

 

 
  Location of Gain or (Loss)
Recognized on Derivatives
  Amount of Gain or
(Loss) Recognized in
Income on Derivatives
 
 
   
  Three Months Ended
March 31,
 
 
   
  2012   2011  

Derivatives Not Designated as Hedging Instruments under ASC 815:

                 

Gasoline swaps

  Direct operating   $ 1.8   $ 3.1  

Foreign exchange forward contracts          

  Selling, general and administrative     (5.4 )   (0.6 )
               

Total

      $ (3.6 ) $ 2.5