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Fair Value Measurements: (Tables)
6 Months Ended
Jun. 30, 2013
Fair Value Measurements:  
Schedule of fair value measurement

The carrying value and fair value of the Company’s financial instruments as of June 30, 2013 and December 31, 2012 are as follows (in millions):

 

 

 

Carrying Value at
June 30, 2013

 

Fair Value Measurements at
June 30, 2013

 

 

 

 

 

 

 

Quoted Prices in

 

Significant

 

Significant

 

 

 

 

 

 

 

Active Markets

 

Observable Inputs

 

Unobservable Inputs

 

(in millions)

 

Total

 

Total

 

(Level 1)

 

(Level 2)

 

(Level 3)

 

Cash & cash equivalents

 

$

39.1

 

$

39.1

 

$

39.1

 

$

 

$

 

Accounts and notes receivable

 

179.6

 

179.6

 

 

179.6

 

 

Variable rate debt

 

 

 

 

 

 

Fixed rate debt

 

289.4

 

300.6

 

 

300.6

 

 

 

 

 

Carrying Value at

 

Fair Value Measurements at

 

 

 

December 31, 2012

 

December 31, 2012

 

 

 

 

 

 

 

Quoted Prices in

 

Significant

 

Significant

 

 

 

 

 

 

 

Active Markets

 

Observable Inputs

 

Unobservable Inputs

 

(in millions)

 

Total

 

Total

 

(Level 1)

 

(Level 2)

 

(Level 3)

 

Cash & cash equivalents

 

$

19.9

 

$

19.9

 

$

19.9

 

$

 

$

 

Accounts and notes receivable

 

174.7

 

174.7

 

 

174.7

 

 

Variable rate debt

 

24.0

 

24.0

 

 

24.0

 

 

Fixed rate debt

 

295.1

 

316.8

 

 

316.8