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Fair Value (Tables)
12 Months Ended
Dec. 31, 2014
Fair Value  
Schedule of assets and liabilities measured at fair value on a recurring basis

        Assets and liabilities measured at fair value on a recurring basis include the following as of December 31, 2014:

                                                                                                                                                                                    

 

 

Fair Value Measurements
Using

 

 

 

Level 1

 

Level 2

 

Level 3

 

Other current assets — FX embedded derivatives

 

$

 

$

5.1 

 

$

 

Other assets — FX embedded derivatives and investment in equity securities

 

 

 

 

1.2 

 

 

7.4 

 

Accrued expenses — FX forward contracts, FX embedded derivatives and commodity contracts

 

 

 

 

10.6 

 

 

 

Other long-term liabilities — FX embedded derivatives and FX forward contracts

 

 

 

 

1.0 

 

 

 

        Assets and liabilities measured at fair value on a recurring basis include the following as of December 31, 2013:

                                                                                                                                                                                    

 

 

Fair Value Measurements
Using

 

 

 

Level 1

 

Level 2

 

Level 3

 

Other current assets — FX embedded derivatives, FX forward contracts and commodity contracts

 

$

 

$

2.0 

 

$

 

Other assets — Investments in equity securities

 

 

3.0 

 

 

 

 

1.4 

 

Accrued expenses — FX forward contracts and FX embedded derivatives

 

 

 

 

6.8 

 

 

 

Other long-term liabilities — FX embedded derivatives

 

 

 

 

2.1 

 

 

 

 

Schedule of reconciliation of investments in equity securities measured at fair value on a recurring basis using significant unobservable inputs (Level 3)

 

                                                                                                                                                                                    

 

 

Reconciliation of
Equity Securities
using Significant
Unobservable Inputs
(Level 3)

 

Balance at December 31, 2012

 

$

7.5

 

Cash consideration received and other

 

 

(5.2

)

Unrealized losses recorded to earnings

 

 

(0.9

)

​  

​  

Balance at December 31, 2013

 

 

1.4

 

Unrealized gains recorded to earnings

 

 

6.0

 

​  

​  

Balance at December 31, 2014

 

$

7.4

 

​  

​  

​  

​  

​  

 

Schedule of estimated fair values of other financial liabilities (excluding capital leases) not measured at fair value on a recurring basis

 

                                                                                                                                                                                    

 

 

December 31, 2014

 

December 31, 2013

 

 

 

Carrying Amount

 

Fair Value

 

Carrying Amount

 

Fair Value

 

Senior notes

 

$

600.0 

 

$

665.3 

 

$

1,100.0 

 

$

1,214.3 

 

Term loan

 

 

575.0 

 

 

575.0 

 

 

475.0 

 

 

475.0 

 

Other indebtedness

 

 

181.1 

 

 

181.1 

 

 

27.6 

 

 

27.6