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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2012
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]  
Financial Assets And Liabilities Carried At Fair Value
A summary of financial assets and liabilities that are measured at fair value on a recurring basis as of December 31, 2012 and 2011 were as follows ($ in millions):
 
 
Quoted Prices in
Active Market
(Level 1)
 
Significant Other
Observable Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
Total
December 31, 2012:
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
Available-for-sale securities
$
329.5

 

 

 
$
329.5

Liabilities:
 
 
 
 
 
 
 
Deferred compensation plans

 
$
64.5

 

 
64.5

Currency swap agreement

 
24.9

 

 
24.9

December 31, 2011:
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
Available-for-sale securities
$
287.0

 

 

 
$
287.0

Liabilities:
 
 
 
 
 
 
 
Deferred compensation plans

 
$
58.2

 

 
58.2

Currency swap agreement

 
53.9

 

 
53.9

Carrying Amounts And Fair Values Of Financial Instruments
The carrying amounts and fair values of financial instruments as of December 31, 2012 and 2011 were as follows ($ in millions):
 
 
2012
 
2011
 
Carrying
Amount
 
Fair Value (1)
 
Carrying
Amount
 
Fair Value
Financial Assets:
 
 
 
 
 
 
 
Available-for-sale securities
$
329.5

 
$
329.5

 
$
287.0

 
$
287.0

Liabilities:
 
 
 
 
 
 
 
Short-term borrowings
55.5

 
55.5

 
98.4

 
98.4

Long-term borrowings
5,287.6

 
5,917.3

 
5,206.8

 
5,790.1

Currency swap agreement
24.9

 
24.9

 
53.9

 
53.9



(1)
Effective January 1, 2012, the Company is required to disclose, on a prospective basis, the level within the fair value hierarchy at which the fair values of the financial instruments are categorized. As of December 31, 2012, available-for-sale securities and short and long-term borrowings were categorized as level 1, while the currency swap agreement was categorized as level 2