Noncontrolling Interests

6 Months Ended

Jun. 30, 2013

12. Noncontrolling Interests

Noncontrolling interests represent the minority shareholders’ proportionate share of the Company’s majority owned subsidiaries. The following table sets forth the changes in noncontrolling interests (in millions):

	Three Months Ended June 30,					Six Months Ended June 30,
	2013		2012			2013		2012
Balance at beginning of period	$	3.4	$	3.5		$	3.1	$	3.4
Net income	0.4		—			0.7		—
Foreign currency translation adjustments	—		—			—		0.1
Cash payments to noncontrolling interests	—		(0.6		)	—		(0.6		)
Balance at end of period	$	3.8	$	2.9		$	3.8	$	2.9

- Definition

The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock.

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