Quarterly report pursuant to Section 13 or 15(d)

Derivative Instruments and Hedging Activities (Tables)

v2.4.0.6
Derivative Instruments and Hedging Activities (Tables)
 3 Months Ended
Mar. 31, 2012
Derivative Instruments and Hedging Activities [Abstract]  
Gains (losses) relating to derivative instruments recorded in other comprehensive income (loss)
                 
    Amount of Gain (Loss) Recognized
in Other Comprehensive Income (Loss) 		 
    For the Three Months Ended  
    March 31, 2012     March 31, 2011  
    (In millions)  

Derivatives designated as hedging instruments:

                

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

   $ (1.7 )    $ (1.9 ) 

Interest rate swaps

   $ (0.4 )      —    
Gains (losses) relating to derivative instruments recorded to income
                     
    Location of  Gain
(Loss)
Recognized in Income 		  Amount of Gain (Loss)
Recognized in Income 		 
    For the Three Months Ended  
      March 31, 2012     March 31, 2011  
        (In millions)  

Derivatives designated as hedging instruments:

                    

Foreign exchange currency contracts relating to inventory hedges and intercompany management fee hedges (1)

   Selling, general and

administrative expenses

   $ 0.1     $ 0.1  

Derivatives not designated as hedging instruments:

                    

Foreign exchange currency contracts

   Selling, general and
administrative expenses		   $ (10.8 )    $ 2.9  

 

(1) For foreign exchange contracts designated as hedging instruments, the amounts recognized in income (loss) represent the amounts excluded from the assessment of hedge effectiveness. There were no ineffective amounts recorded for derivatives designated as hedging instruments.
Gains (losses) relating to derivative instruments reclassified from accumulated other comprehensive loss into income effective portion
                     
    Location of  Gain
(Loss)
Reclassified
from  Accumulated
Other Comprehensive
Loss into Income
(Effective Portion) 		  Amount of Gain (Loss) Reclassified
from Accumulated
Other Comprehensive
Loss into Income 		 
    For the Three Months Ended  
    March 31, 2012     March 31, 2011  
       

(In millions)

  

Derivatives designated as hedging instruments:

                    

Foreign exchange currency contracts relating to inventory hedges

   Cost of sales     —       $ (0.2 ) 

Foreign exchange currency contracts relating to intercompany management fee hedges

   Selling, general and
administrative expenses		   $ 1.2     $ (0.6 ) 

Interest rate contracts

   Interest expense, net   $ (0.9 )    $ (0.9 )