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CONDENSED CONSOLIDATED STATEMENT OF INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Net sales $ 1,297.1 $ 1,312.7 $ 2,552.1 $ 2,617.5
Cost of products sold 1,045.3 1,079.4 2,058.5 2,153.2
Gross profit 251.8 233.3 493.6 464.3
Operating expenses:        
Selling, general and administrative expenses 132.1 124.0 262.7 253.2
Research and development 11.7 10.4 23.0 21.3
Facility consolidation and other costs 20.9 19.7 30.2 28.0
Other operating (income) expense, net (3.2) (3.6) (4.7) (9.5)
Operating income 90.3 82.8 182.4 171.3
Interest expense 17.0 17.3 33.6 37.8
Other non-operating (income) expense, net (7.2) (1.0) (3.1) (0.9)
Income before income taxes 80.5 66.5 151.9 134.4
Provision for income taxes 27.4 24.2 49.5 48.1
Net income $ 53.1 $ 42.3 $ 102.4 $ 86.3
Basic earnings per share (in dollars per share) $ 0.51 $ 0.41 $ 0.99 $ 0.83
Diluted earnings per share (in dollars per share) $ 0.51 $ 0.40 $ 0.98 $ 0.82
Cash dividends paid per share (in dollars per share) $ 0.26 $ 0.25 $ 0.52 $ 0.50