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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2015
Fair Value Disclosures [Abstract]  
Fair value assets and liabilities measured on a recurring basis
The following table presents information about the Company’s assets and liabilities measured at fair value on a recurring basis:
 
June 30, 2015
 
December 31, 2014
 
Level 1
 
Level 2
 
Total
 
Level 1
 
Level 2
 
Total
Assets measured at fair value
 
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
75.0

 
$

 
$
75.0

 
$
70.2

 
$

 
$
70.2

Other current assets:
 
 
 
 
 
 
 
 
 
 
 
Foreign exchange contracts

 
0.5

 
0.5

 

 
1.2

 
1.2

Commodity hedge contracts

 
1.7

 
1.7

 

 
3.6

 
3.6

Other non-current assets:
 
 
 
 
 
 
 
 
 
 
 
Available for sale investments—cash and cash equivalents
3.3

 

 
3.3

 
3.3

 

 
3.3

Commodity hedge contracts

 
0.6

 
0.6

 

 
1.8

 
1.8

Assets measured at fair value
$
78.3

 
$
2.8

 
$
81.1

 
$
73.5

 
$
6.6

 
$
80.1

 
 
 
 
 
 
 
 
 
 
 
 
Liabilities measured at fair value
 
 
 
 
 
 
 
 
 
 
 
Accrued liabilities—commodity hedge contracts
$

 
$
(30.2
)
 
$
(30.2
)
 
$

 
$
(36.2
)
 
$
(36.2
)
Other non-current liabilities—commodity hedge contracts

 
(7.3
)
 
(7.3
)
 

 
(5.7
)
 
(5.7
)
Liabilities measured at fair value
$

 
$
(37.5
)
 
$
(37.5
)
 
$

 
$
(41.9
)
 
$
(41.9
)
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities measured at other than fair value
 
 
 
 
 
 
 
 
 
 
 
Long-term debt, including current portions:
 
 
 
 
 
 
 
 
 
 
 
Fair value
$

 
$
(2,265.3
)
 
$
(2,265.3
)
 
$

 
$
(2,478.3
)
 
$
(2,478.3
)
Carrying amount

 
(2,442.5
)
 
(2,442.5
)
 

 
(2,452.5
)
 
(2,452.5
)