DERIVATIVE FINANCIAL INSTRUMENTS AND COMMODITY HEDGING ACTIVITIES (Tables)

3 Months Ended

Mar. 31, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Impact of Derivative Instruments on Consolidated Balance Sheets

The following tables summarize the impact of derivative instruments on our consolidated balance sheets and consolidated statements of income:

Asset Derivatives

Liability Derivatives

March 31, 2014

December 31, 2013

March 31, 2014

December 31, 2013

Derivatives not designated as hedging instruments:

Balance  Sheet Location

Fair Value

Balance  Sheet Location

Fair Value

Balance  Sheet Location

Fair Value

Balance  Sheet Location

Fair Value

Foreign currency forwards

Other current assets

$

1.2

Other current assets

$

2.3

Accrued expenses

$

1.2

Accrued expenses

$

0.9

Amount and Location of Gains (Losses) for Derivatives not Designated as Hedges

The following table summarizes the amount and location of gains recognized in income for our derivatives not designated as hedges for the three months ended March 31, 2014 and 2013: 

	Location of Gain or (Loss) Recognized in Income on Derivative	Amount of Gain or (Loss) Recognized in Income on Derivative
Derivatives not designated as hedging instruments:		Three Months Ended    March 31,
		2014			2013
Foreign currency forwards	Other expense, net	$	(0.7	)	$	12.1