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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2011
Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table presents financial assets and liabilities measured at fair value on a recurring basis by the valuation hierarchy as defined in the fair value guidance:

 

In millions    Level 1     Level 2     Level 3    Carrying
Value
 
June 30, 2011                            

Cash equivalents

   $ 307.5           $ 307.5   

Investments

     151.8          151.8   

Derivative assets

     127.3   $ 81.0             208.3   

Total assets at fair value

   $ 586.6      $ 81.0           $ 667.6   

Derivative liabilities

           $ (15.8        $ (15.8

Total liabilities at fair value

           $ (15.8        $ (15.8
December 31, 2010                              

Cash equivalents

   $ 722.5           $ 722.5   

Investments

     131.6          131.6   

Derivative assets

     104.4   $ 88.5             192.9   

Total assets at fair value

   $ 958.5      $ 88.5           $ 1,047.0   

Derivative liabilities

           $ (8.4        $ (8.4

Total liabilities at fair value

           $ (8.4        $ (8.4

 

* Includes investments and derivatives that hedge market-driven changes in liabilities associated with the Company’s supplemental benefit plans.