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Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2013
Derivative [Line Items]  
Derivatives Instruments in Statements of Financial Position
 
 
Assets
 
Liabilities
(millions of dollars)
 
Location
 
June 30,
2013
 
December 31, 2012
 
Location
 
June 30,
2013
 
December 31, 2012
Foreign currency contracts
 
Prepayments and other current assets
 
$
2.4

 
$
5.7

 
Accounts payable and accrued expenses
 
$
11.8

 
$
9.8

 
 
Other non-current assets
 
$

 
$
0.2

 
Other non-current liabilities
 
$
0.1

 
$

Net investment hedge contracts
 
Other non-current assets
 
$

 
$

 
Other non-current liabilities
 
$
32.0

 
$
58.1


Deferred Losses Reported In Accumulated Other Comprehensive Income Loss

(millions of dollars)
 
Deferred gain (loss) in AOCI at
 
Gain (loss) expected to be reclassified to income in one year or less
Contract Type
 
June 30,
2013
 
December 31, 2012
 
Foreign currency
 
$
(8.9
)
 
$
(3.5
)
 
$
(8.8
)
Net investment hedges
 
(28.0
)
 
(54.5
)
 

Total
 
$
(36.9
)
 
$
(58.0
)
 
$
(8.8
)
Derivatives Designated As Cash Flow Hedging Instruments
 
 
 
 
Gain (loss) reclassified
from AOCI to income
(effective portion)
 
 
 
Gain (loss)
recognized in income
(ineffective portion)
(millions of dollars)
 
 
 
Six Months Ended
 
 
 
Six Months Ended
Contract Type
 
Location
 
June 30, 2013
 
June 30, 2012
 
Location
 
June 30, 2013
 
June 30, 2012
Foreign currency
 
Sales
 
$
0.9

 
$
1.5

 
SG&A expense
 
$
0.2

 
$

Foreign currency
 
Cost of goods sold
 
$
(6.0
)
 
$
1.1

 
SG&A expense
 
$
(0.7
)
 
$

Foreign currency
 
SG&A expense
 
$
(0.1
)
 
$

 
SG&A expense
 
$

 
$

Cross-currency swap
 
N/A
 
 
 
 
 
Interest expense
 
$
(0.3
)
 
$
(2.2
)
Net Investment Hedge [Member]
 
Derivative [Line Items]  
Notional Amounts of Outstanding Derivative Positions

 
 Cross-currency swaps
(in millions)
Notional in
USD
 
Notional in
local currency
 
Duration
Floating $ to floating €
$
75.0

 
58.5

 
Oct - 19
Floating $ to floating ¥
$
150.0

 
¥
17,581.5

 
Nov - 16
Foreign currency contracts
 
Derivative [Line Items]  
Notional Amounts of Outstanding Derivative Positions

Foreign currency derivatives (in millions)
Functional currency
 
Traded currency
 
Notional in traded currency
June 30, 2013
 
Notional in traded currency
December 31, 2012
 
Duration
Brazilian real
 
US dollar
 
5.7

 

 
Dec - 13
British pound
 
Euro
 
14.4

 
28.8

 
Dec - 13
Chinese yuan
 
Japanese yen
 
1,279.4

 

 
Feb - 14
Chinese yuan
 
US dollar
 
22.4

 

 
Dec - 14
Euro
 
British pound
 
2.3

 
4.7

 
Dec - 13
Euro
 
Hungarian forint
 
3,875.0

 
9,300.0

 
Nov - 13
Euro
 
Japanese yen
 
3,073.3

 
6,760.0

 
Dec - 13
Euro
 
Polish zloty
 
32.6

 
87.4

 
Dec - 13
Euro
 
US dollar
 
11.4

 
15.2

 
Dec - 13
Hungarian forint
 
Euro
 
3.1

 

 
Dec - 13
Japanese yen
 
US dollar
 
4.9

 
9.5

 
Dec - 13
Korean won
 
Euro
 
23.1

 
32.4

 
Dec - 14
Korean won
 
Japanese yen
 
285.8

 

 
Jun - 14
Korean won
 
US dollar
 
8.8

 
17.5

 
Dec - 13
Mexican peso
 
US dollar
 
13.8

 
20.9

 
Dec - 13
Swedish krona
 
Euro
 
24.4

 

 
Dec - 13
US dollar
 
Indian rupee
 
28.2

 
111.1

 
Oct - 13
US dollar
 
Japanese yen
 
3,203.9

 
3,000.0

 
Dec - 13