Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v2.4.0.6
Fair Value Measurements (Tables)
 6 Months Ended
Jun. 30, 2012
Fair Value Measurements [Abstract]  
Assets or liabilities recorded at fair value
                                 
    Fair Value at June 30, 2012  
(In millions)   Total     Quoted Prices in
Active Markets for
Identical Assets
(Level 1)		     Significant Other
Observable Inputs
(Level 2)		     Significant
Unobservable
Inputs
(Level 3) 		 
         

Cash flow swaps designated as hedges (1)

   $ 33.8     $ —       $ 33.8     $ —    

Cash flow swaps not designated as hedges (2)

     3.7       —         3.7       —    

Deferred compensation plan (3)

     13.0       —         13.0       —    
   

 

 

    

 

 

    

 

 

    

 

 

  
         

Total

   $ 50.5     $ —       $ 50.5     $ —    
   

 

 

    

 

 

    

 

 

    

 

 

  

 

(1) Approximately $22.4 million and $11.4 million were included in other accrued liabilities and other long-term liabilities, respectively, in the accompanying Unaudited Condensed Consolidated Balance Sheets.
(2) Approximately $2.6 million and $1.1 million are included in other accrued liabilities and other long-term liabilities, respectively, in the accompanying Unaudited Condensed Consolidated Balance Sheets.
(3) Included in other long-term liabilities in the accompanying Unaudited Condensed Consolidated Balance Sheets.
Assets or liabilities measured at fair value on a non-recurring basis
                         
(In millions)   Balance as of
June 30, 2012		     Significant
Unobservable
Inputs
(Level 3) as of
June 30, 2012 		    Total Gains /
(Losses) for the
Six Months Ended
June 30, 2012		  
       

Long-lived assets held and used

   $ 561.4     $ 561.4     $ —    
       

Goodwill

     464.1       464.1       —    
       

Franchise assets

     64.8       64.8       —    
Fair value and carrying value of fixed rate long-term debt
                                 
    June 30, 2012     December 31, 2011  
(In thousands)   Fair Value     Carrying Value     Fair Value     Carrying Value  
         

9.0% Notes (1)

   $ 226,800     $ 208,844     $ 221,025     $ 208,769  
         

5.0% Convertible Notes (1)

   $ 171,869     $ 121,906     $ 205,448     $ 137,333  
         

Mortgage Notes (2)

   $ 112,204     $ 125,228     $ 119,310     $ 116,584  
         

Assumed Notes (2)

   $ 11,960     $ 12,885     $ 13,260     $ 14,438  
         

Other (2)

   $ 5,063     $ 5,450     $ 5,150     $ 5,555  

 

(1) As determined by market quotations as of June 30, 2012 and December 31, 2011, respectively (Level 1).
(2) As determined by discounted cash flows (Level 3).