MCDONALDS CORP | 2013 | FY | 3


The following table presents the fair values of derivative instruments included on the Consolidated balance sheet as of December 31, 2013 and 2012:
  
Derivative Assets
 
Derivative Liabilities
In millions
Balance Sheet Classification
 
2013

 
2012

 
Balance Sheet Classification
 
2013

 
2012

Derivatives designated for hedge accounting
 
 
 
 
 
 
 
 
Foreign currency
Prepaid expenses and other current assets
 
$
28.3

 
$
5.0

 
Accrued payroll and other liabilities
 
$
(28.8
)
 
$
(3.5
)
Interest rate
Prepaid expenses and other current assets
 

 
4.2

 
 
 
 
 
 
Commodity
Miscellaneous other assets
 

 
35.3

 
Other long-term liabilities
 

 
(0.2
)
Foreign currency
Miscellaneous other assets
 
2.5

 
2.5

 
Other long-term liabilities
 
(114.7
)
 
(32.1
)
Interest rate
Miscellaneous other assets
 
24.8

 
38.1

 
Other long-term liabilities
 
(12.0
)
 

Total derivatives designated for hedge accounting
 
$
55.6

 
$
85.1

 
 
 
$
(155.5
)
 
$
(35.8
)
Derivatives not designated for hedge accounting
 
 
 
 
 
 
 
 
Equity
Prepaid expenses and other current assets
 
$
6.7

 
$
132.3

 
 
 
 
 
 
Foreign currency
Prepaid expenses and other current assets
 
9.3

 
1.0

 
Accrued payroll and other liabilities
 
$
(23.8
)
 
$
(6.8
)
Equity
Miscellaneous other assets
 
128.2

 

 
 
 
 
 
 
Total derivatives not designated for hedge accounting
 
$
144.2

 
$
133.3

 
 
 
$
(23.8
)
 
$
(6.8
)
Total derivatives
 
$
199.8

 
$
218.4

 
 
 
$
(179.3
)
 
$
(42.6
)

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