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FINANCIAL INSTRUMENTS (Tables)
12 Months Ended
Dec. 31, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Value of Derivative Financial Instruments in Consolidated Balance Sheet
Fair Values of Derivative Financial Instruments in Consolidated Balance Sheets:
 
Fair Values of Derivative Instruments
 
Assets
 
Liabilities
 
Balance Sheet
 
December 31,
2013
 
December 31,
2012
 
Balance Sheet
 
December 31,
2013
 
December 31,
2012
 
Classification
 
Fair Value
 
Fair Value
 
Classification
 
Fair Value
 
Fair Value
Derivatives designated as hedging instruments:
 
 
 
 
 
 
 
 
 
 
 
2013 Interest Rate Swap(i)
Other assets
 
$
2.5

 
$

 
 
 
 
 
 
Derivatives not designated as hedging instruments:
 
 
 
 
 
 
 
 
 
 
 
FX Contracts(ii)   
Prepaid expenses and other
 
1.0

 
0.1

 
Accrued Expenses
 
$
0.2

 
$
0.4


(i) The fair value of the 2013 Interest Rate Swap at December 31, 2013 was measured based on the implied forward rates from the U.S. Dollar three-month LIBOR yield curve at December 31, 2013.
(ii) The fair values of the FX Contracts at December 31, 2013 and December 31, 2012 were measured based on observable market transactions of spot and forward rates at December 31, 2013 and December 31, 2012, respectively.

Effects of Derivative Financial Instruments on Income and Other Comprehensive Income (Loss)
Effects of Derivative Financial Instruments on the Consolidated Statements of Operations and Comprehensive Income for the years ended December 31, 2013, 2012 and 2011:
 
Amount of Gain (Loss) Recognized in Other Comprehensive Income
Year Ended December 31,
2013
 
2012
 
2011
Derivatives designated as hedging instruments:
 
 
 
 
 
2013 Interest Rate Swap
$
2.5

 
$

 
$

 
Income Statement Classification
 
Amount of Gain (Loss) Recognized in Net Income (Loss)
 
Year Ended December 31,
 
2013
 
2012
 
2011
Derivatives not designated as hedging instruments:
 
 
 
 
 
 
 
FX Contracts
Foreign currency losses, net
 
$
2.2

 
$
(1.9
)
 
$
(1.1
)