DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
 3 Months Ended
Mar. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of fair value of derivative instruments designated as hedging instruments that are reported in the Consolidated Balance Sheet

The following table provides the location and fair value amounts of derivative instruments designated as hedging instruments that are reported in the Condensed Consolidated Balance Sheet (in millions):
Asset Derivatives
Balance Sheet Account
March 31,
2015
 
December 31,
2014
Foreign exchange contracts
Other current assets
$
13.8

 
$
10.1

Liability Derivatives
 
 

 
 

Foreign exchange contracts
Other current liabilities
13.6

 
10.5

Total Derivatives
 
$
0.2

 
$
(0.4
)
Schedule of fair value of derivative instruments not designated as hedging instruments that are reported in the Consolidated Statement of Comprehensive Income and Balance Sheet

The following table provides the location and fair value amounts of derivative instruments not designated as hedging instruments that are reported in the Condensed Consolidated Balance Sheet (in millions):
Asset Derivatives
Balance Sheet Account
March 31,
2015
 
December 31,
2014
Foreign exchange contracts
Other current assets
$
1.2

 
$
2.2

Debt conversion feature
Other assets
2.4

 
3.0

Total asset derivatives
 
$
3.6

 
$
5.2

Liability Derivatives
 
 

 
 

Foreign exchange contracts
Other current liabilities
0.7

 
1.0

Total liability derivatives
 
$
0.7

 
$
1.0

Total Derivatives
 
$
2.9

 
$
4.2


The following table provides the effect of derivative instruments that are not designated as hedges in the Condensed Consolidated Statement of Comprehensive Income (in millions):
Gain (Loss) Recognized in Income on Derivatives not designated as hedges:
Three Months Ended
March 31,
Account
2015
 
2014
Other income (expense) – net
(2.1
)
 
(1.7
)
Schedule of derivative instruments that are designated as hedges in the Consolidated Statement of Comprehensive Income

The following tables provide the effect of derivative instruments that are designated as hedges in the Condensed Consolidated Statement of Comprehensive Income and AOCI (in millions):
Gain (Loss) Recognized in AOCI on Derivatives:
Three Months Ended
March 31,
Cash Flow Derivatives
 
2015
 
2014
Foreign exchange contracts
 
$
0.3

 
$
(2.7
)
(Loss) Gain Reclassified from AOCI into Income (Effective):
Three Months Ended
March 31,
Account
 
2015
 
2014
Cost of goods sold
 
$
2.4

 
$
1.5

Other income (expense) – net
(6.4
)
 
2.2

Total
 
$
(4.0
)
 
$
3.7

Gain (Loss) Recognized in Income on Derivatives (Ineffective):
Three Months Ended
March 31,
Account
 
2015
 
2014
Other income (expense) – net
$
6.9

 
$
(2.1
)
Schedule of accumulated other comprehensive income (loss)

Unrealized net gains (losses), net of tax, included in AOCI are as follows (in millions):
 
Three Months Ended
March 31,
 
2015
 
2014
Balance at beginning of period
$
(0.7
)
 
$
2.7

Additional gains (losses) – net
(2.8
)
 
(0.5
)
Amounts reclassified to earnings
3.1

 
(2.2
)
Balance at end of period
$
(0.4
)
 
$
—