DERIVATIVE FINANCIAL INSTRUMENTS AND CERTAIN HEDGING ACTIVITIES (Tables)

12 Months Ended

Dec. 31, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Net Notional Amounts of Forward Contracts Outstanding

At December 31, 2014 and 2013, the currency and net notional amounts of forward contracts outstanding translated into USD equivalent amounts were as follows:

December 31, 2014	Buy
Sell	U.S. Dollar		Euro		Mexican Peso		Chilean Peso		Pound Sterling		Norwegian Krone		Colombian Peso		Malaysian Ringgit		Japanese Yen
U.S. Dollar	—		$	91.5	$	30.9	$	15.7	$	5.0	$	4.9	$	1.6	$	1.5	$	0.8
Chinese Yuan	$	18.6	—		—		—		—		—		—		—		—
Pound Sterling	—		$	60.8	—		—		—		—		—		—		—
Thai Baht	—		$	5.8	—		—		—		—		—		—		—
Brazilian Real	$	4.0	—		—		—		—		—		—		—		—
Canadian Dollar	$	2.6	—		—		—		—		—		—		—		—
Korean Won	$	1.3	—		—		—		—		—		—		—		—
Japanese Yen	—		$	1.3	—		—		—		—		—		—		—

December 31, 2013	Buy
Sell	U.S. Dollar		Euro		Chilean Peso		Mexican Peso		Pound Sterling		Norwegian Krone		Malaysian Ringgit		Thai Baht		Japanese Yen		Colombian Peso
U.S. Dollar	—		$	100.8	$	18.2	$	17.0	$	4.0	$	2.8	$	2.7	$	1.5	$	1.4	$	1.4
Pound Sterling	—		$	68.1	—		—		—		—		—		—		—		—
Chinese Yuan	$	17.1	—		—		—		—		—		—		—		—		—
Canadian Dollar	$	9.0	—		—		—		—		—		—		—		—		—
Brazilian Real	$	6.6	—		—		—		—		—		—		—		—		—
Australian Dollar	$	4.0	—		—		—		—		—		—		—		—		—
Thai Baht	—		$	6.4	—		—		—		—		—		—		—		—
Japanese Yen	—		$	1.6	—		—		—		—		—		—		—		—

Impact of Derivative Instruments on Consolidated Balance Sheets

The following table summarizes the impact of derivative instruments on our consolidated balance sheets:

Asset Derivatives

Liability Derivatives

December 31, 2014

December 31, 2013

December 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

$

0.6

Other current assets

$

2.3

Accrued expenses

$

6.7

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 or (losses) recognized in income for our derivatives not designated as hedges for the years ended December 31, 2014 and 2013:

	Location of Gain or (Loss) Recognized in Income on Derivative	Amount of Gain or (Loss) Recognized in Income on Derivative
		Year ended December 31,
Derivatives not designated as hedging instruments:		2014			2013
Foreign currency forwards	Other (expense) income, net	$	(25.2	)	$	9.3

Derivative Instruments Measured at Fair Value

A summary of the fair value measurements for each major category of derivatives at December 31, 2014 is outlined in the table below:

Description	Significant Other Observable Inputs (Level 2)
Currency forwards	$	(6.1	)