XML 53 R43.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Fair Value Measurements and Fair Value of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2010
Fair Value Measurements Tables [Abstract]  
Schedule of Fair Value Assets and Liabilities Measured On Recurring Basis [Table Text Block]

       The following tables present information about the company's financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2010 and 2009:

 

   December 31, Quoted Prices in Active Markets Significant Other Observable Inputs Significant Unobservable Inputs
(In millions) 2010 (Level 1) (Level 2) (Level 3)
               
Assets            
 Cash equivalents $ 301.6 $ 301.6 $ $
 Investments in mutual funds, unit trusts    and other similar instruments   36.3   36.3    
 Insurance contracts   42.6     42.6  
 Auction rate securities   4.6       4.6
 Derivative contracts   40.1     40.1  
               
  Total Assets $ 425.2 $ 337.9 $ 82.7 $ 4.6
               
Liabilities            
 Derivative contracts $ 3.5 $ $ 3.5 $
 Contingent consideration   28.7       28.7
               
  Total Liabilities $ 32.2 $ $ 3.5 $ 28.7

   December 31, Quoted Prices in Active Markets Significant Other Observable Inputs Significant Unobservable Inputs
(In millions) 2009 (Level 1) (Level 2) (Level 3)
               
Assets            
 Cash equivalents $ 1,081.7 $ 1,081.7 $ $
 Investments in mutual funds, unit trusts    and other similar instruments   32.9   32.9    
 Insurance contracts   31.9     31.9  
 Auction rate securities   5.4       5.4
 Derivative contracts   4.5     4.5  
               
  Total Assets $ 1,156.4 $ 1,114.6 $ 36.4 $ 5.4
               
Liabilities            
 Derivative contracts $ 10.3 $ $ 10.3 $
 Contingent consideration   0.6       0.6
               
  Total Liabilities $ 10.9 $ $ 10.3 $ 0.6
Available For Sale Securities [Table Text Block]

The aggregate market value, cost basis and gross unrealized gains and losses of available-for-sale investments by major security type are as follows:

 

(In millions) Market Value Cost Basis Gross Unrealized Gains Gross Unrealized Losses
             
2010            
Mutual Fund and Unit Trust Investments $ 32.0 $ 26.1 $ 5.9 $
Auction Rate Securities   4.6   5.3     0.7
             
  $ 36.6 $ 31.4 $ 5.9 $ 0.7
             
2009            
Mutual Fund and Unit Trust Investments $ 31.2 $ 26.9 $ 4.3 $
Auction Rate Securities   5.4   6.0     0.6
             
  $ 36.6 $ 32.9 $ 4.3 $ 0.6
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Text Block]
  Auction Rate Securities
(In millions) 2010 2009
       
Beginning Balance $ 5.4 $ 5.7
Total impairment losses included in earnings     (0.3)
Sale of securities   (0.7)   (0.4)
Total unrealized gains (losses) included in other comprehensive income   (0.1)   0.4
       
Ending Balance $ 4.6 $ 5.4
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Text Block]
  Contingent Consideration
(In millions) 2010 2009
       
Beginning Balance $ 0.6 $
Additions (See Note 2)   23.5   0.6
Payments   (0.7)  
Change in fair value included in earnings   5.2  
Currency translation   0.1  
       
Ending Balance $ 28.7 $ 0.6
Schedule Of Derivative Instruments In Statement Of Financial Position Fair Value Text Block
    Fair Value – Assets Fair Value – Liabilities
(In millions) 2010 2009 2010 2009
             
Derivatives Designated as Hedging Instruments            
 Interest rate swaps (a) $ 37.3 $ $ $ 9.5
Derivatives Not Designated as Hedging Instruments            
 Foreign currency exchange contracts (b)   2.8   4.5   3.5   0.8
             
  Total derivatives $ 40.1 $ 4.5 $ 3.5 $ 10.3
               
(a)The fair value of the interest rate swaps are included in the consolidated balance sheet under the captions other assets or other long-term liabilities.
(b)The fair value of the foreign currency exchange contracts are included in the consolidated balance sheet under the captions other current assets or other accrued expenses.
Schedule Of Derivative Instruments Gain Loss In Statement Of Financial Performance Text Block
      Gain (Loss) Recognized
(In millions) 2010 2009
       
Derivatives Designated as Fair Value Hedges      
 Interest rate contracts $ 20.3 $ 1.4
Derivatives Not Designated as Fair Value Hedges      
 Foreign currency exchange contracts   35.8   (6.9)
           
  Gains and losses recognized on interest rate and foreign currency exchange contracts are included in the
consolidated statement of income under the caption other expense, net, together with the corresponding, offsetting
losses and gains on the underlying transactions.
Carrying Amount and Fair Value of Other Financial Instruments [Text Block]

Fair Value of Other Instruments

       The carrying amount and fair value of the company's notes receivable and debt obligations are as follows:

 

    2010 2009
    Carrying Fair Carrying Fair
(In millions) Value Value Value Value
             
Notes Receivable $ 7.4 $ 7.4 $ 6.8 $ 6.8
               
Debt Obligations:            
 Convertible obligations $ 327.9 $ 461.4 $ 657.9 $ 992.0
 Senior notes   1,784.9   1,806.3   989.6   1,016.1
 Senior subordinated notes       500.0   520.1
 Other   24.3   24.3   34.0   34.0
               
    $ 2,137.1 $ 2,292.0 $ 2,181.5 $ 2,562.2
               
  The fair value of debt obligations was determined based on quoted market prices and on borrowing rates
available to the company at the respective period ends.