Annual report pursuant to Section 13 and 15(d)

Fair Value Measurements (Tables)

v2.4.0.6
Fair Value Measurements (Tables)
 12 Months Ended
Dec. 31, 2012
Fair Value, Assets and Liabilities Measured on Recurring Basis

Assets or liabilities that have recurring measurements and are measured at fair value consisted of Level 2 derivatives and are shown below at their gross values at December 31, 2012, and December 31, 2011:

Fair Value Measurements at Reporting Date Using

 

     Derivative Balance Sheet Location    Significant
Other
Observable
Inputs
(Level 2)
Fair Value at
December 31,
2012		      Significant
Other
Observable
Inputs
(Level 2)
Fair Value at
December 31,
2011		  
          (In millions)  

ASSETS:

         

Derivatives designated as cash flow hedging instruments:

         

Foreign exchange currency contracts relating to inventory and intercompany management fee hedges

    Prepaid expenses and other current assets    $ 0.5       $ 4.4   

Derivatives not designated as cash flow hedging instruments:

         

Foreign exchange currency contracts

    Prepaid expenses and other current assets    $ 0.7       $ 0.8   
     

 

 

     

 

 

  
      $ 1.2       $ 5.2   
     

 

 

     

 

 

  

LIABILITIES:

         

Derivatives designated as cash flow hedging instruments:

         

Foreign exchange currency contracts relating to inventory and intercompany management fee hedges

    Accrued expenses    $ 3.3       $
 		 —
 		  
 

Interest rate swaps

    Accrued expenses    $ 2.0       $ 5.1   

Derivatives not designated as hedging instruments:

         

Foreign exchange currency contracts

    Accrued expenses    $ 1.3       $ 0.7   
     

 

 

     

 

 

  
      $ 6.6       $ 5.8