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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2016
Fair Value Disclosures [Abstract]  
Fair value assets and liabilities measured on a recurring basis
Assets and liabilities measured at fair value on a recurring basis are presented below:
 
June 30, 2016
 
December 31, 2015
 
Level 1
 
Level 2
 
Total
 
Level 1
 
Level 2
 
Total
Assets measured at fair value
 
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
56.2

 
$

 
$
56.2

 
$
56.6

 
$

 
$
56.6

Other current assets:
 
 
 
 
 
 
 
 
 
 
 
Foreign exchange contracts

 
0.1

 
0.1

 

 
1.1

 
1.1

Commodity hedge contracts

 
9.6

 
9.6

 

 
0.5

 
0.5

Other non-current assets:
 
 
 
 
 
 
 
 
 
 
 
Cash held for retirement of debt
135.4

 

 
135.4

 

 

 

Commodity hedge contracts

 
3.4

 
3.4

 

 
0.3

 
0.3

Assets measured at fair value
$
191.6

 
$
13.1

 
$
204.7

 
$
56.6

 
$
1.9

 
$
58.5

 
 
 
 
 
 
 
 
 
 
 
 
Liabilities measured at fair value
 
 
 
 
 
 
 
 
 
 
 
Accrued liabilities:
 
 
 
 
 
 
 
 
 
 
 
Commodity hedge contracts
$

 
$
(9.8
)
 
$
(9.8
)
 
$

 
$
(41.2
)
 
$
(41.2
)
Other non-current liabilities:
 
 
 
 
 
 
 
 
 
 
 
Commodity hedge contracts

 
(1.9
)
 
(1.9
)
 

 
(9.5
)
 
(9.5
)
Liabilities measured at fair value
$

 
$
(11.7
)
 
$
(11.7
)
 
$

 
$
(50.7
)
 
$
(50.7
)
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities measured at other than fair value
 
 
 
 
 
 
 
 
 
 
 
Long-term debt, including current portions:
 
 
 
 
 
 
 
 
 
 
 
Fair value
$

 
$
(2,105.9
)
 
$
(2,105.9
)
 
$

 
$
(1,573.3
)
 
$
(1,573.3
)
Carrying amount

 
(2,078.1
)
 
(2,078.1
)
 

 
(2,354.1
)
 
(2,354.1
)