Quarterly report pursuant to Section 13 or 15(d)

Derivative Instruments and Hedging Activities (Tables)

 v2.3.0.11
Derivative Instruments and Hedging Activities (Tables)
 6 Months Ended
Jun. 30, 2011
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     For the Six Months Ended  
    June 30, 2011     June 30, 2010     June 30, 2011     June 30, 2010  
    (In millions)  
Derivatives designated as hedging instruments:
                               
Foreign exchange currency contracts relating to inventory and intercompany management fee hedges
  $ (0.6 )   $ 8.3     $ (2.5 )   $ 13.3  
Interest rate swaps
  $ (1.5 )   $ (3.3 )   $ (1.5 )   $ (5.9 )
Gains (losses) relating to derivative instruments recorded to income
                                     
    Amount of Gain (Loss)      
    Recognized in Income     Location of Gain
    For the Three Months Ended     For the Six Months Ended     (Loss)
    June 30, 2011     June 30, 2010     June 30, 2011     June 30, 2010     Recognized in Income
    (In millions)      
Derivatives designated as hedging instruments:
                                   
Foreign exchange currency contracts relating to inventory hedges and intercompany management fee hedges (1)
  $ (0.1 )   $ —     $ —     $ (0.1 )   Selling, general and administrative expenses
Derivatives not designated as hedging instruments:
                                   
Foreign exchange currency contracts
  $ (1.8 )   $ (1.7 )   $ 1.1     $ (9.2 )   Selling, general and administrative expenses
 
     
(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
    Amount of Gain (Loss) Reclassified     (Loss)
    from Accumulated     Reclassified
    Other Comprehensive     from Accumulated
    Loss into Income     Other Comprehensive
    For the Three Months Ended     For the Six Months Ended     Loss into Income
    June 30, 2011     June 30, 2010     June 30, 2011     June 30, 2010     (Effective Portion)
    (In millions)      
Derivatives designated as hedging instruments:
                                   
Foreign exchange currency contracts relating to inventory hedges
  $ (0.1 )   $ (0.1 )   $ (0.3 )   $ (0.7 )   Cost of sales
Foreign exchange currency contracts relating to intercompany management fee hedges
  $ (0.9 )   $ 2.9     $ (1.5 )   $ 4.6     Selling, general and administrative expenses
Interest rate contracts
  $ (0.9 )   $ (0.9 )   $ (1.8 )   $ (1.8 )   Interest expense, net