Fair Value (Tables)

9 Months Ended

Sep. 30, 2013

Fair Value [Abstract]

Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

Financial assets and liabilities measured at fair value on a recurring basis at September 30, 2013 and December 31, 2012 were (in millions):

September 30, 2013	Level 1		Level 2		Level 3		Total
Assets:
Cash and cash equivalents	$	1,521.5					$	1,521.5
Short-term investments	12.9						12.9
Available-for-sale securities	4.6						4.6
Forward foreign exchange contracts			$	1.3			1.3
Liabilities:
Forward foreign exchange contracts			$	0.3			$	0.3
Contingent interest derivative			2.8				2.8
Contingent purchase price obligations					$	213.3	213.3

December 31, 2012	Level 1		Level 2		Level 3		Total
Assets:
Cash and cash equivalents	$	2,678.3					$	2,678.3
Short-term investments	20.6						20.6
Available-for-sale securities	3.9						3.9
Forward foreign exchange contracts			$	0.5			0.5
Liabilities:
Contingent purchase price obligations					$	266.2	$	266.2

Carrying Amounts and Fair Value of Financial Instruments

The carrying amount and fair value of our financial instruments at September 30, 2013 and December 31, 2012 were (in millions):

	2013				2012
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Assets:
Cash and cash equivalents	$	1,521.5	$	1,521.5	$	2,678.3	$	2,678.3
Short-term investments	12.9		12.9		20.6		20.6
Forward foreign exchange contracts	1.3		1.3		0.5		0.5
Available-for-sale securities	4.6		4.6		3.9		3.9
Cost method investments	21.7		21.7		23.1		23.1
Liabilities:
Short-term borrowings	$	18.3	$	18.3	$	6.4	$	6.4
Forward foreign exchange contracts	0.3		0.3		—		—
Contingent interest derivative	2.8		2.8		—		—
Contingent purchase price obligations	213.3		213.3		266.2		266.2
Debt	4,035.7		4,250.7		4,448.9		4,857.3