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Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2011
Commitments And Contingencies Abstract  
Schedule of Company's Liability for Asbestos-Related Matters and the Assets for Probable Asbestos-Related Insurance Recoveries
The Company’s liability for asbestos-related matters and the asset for probable asbestos-related insurance recoveries are as follows:
In millions
June 30,

2011
 
December 31,

2010
Asbestos-related liabilities
$
985.1


 
$
1,020.5


Asset for probable asbestos-related insurance recoveries
335.2


 
346.2


Net asbestos-related liabilities
$
649.9


 
$
674.3


Schedule of Asbestos Related Balances
Asbestos-related balances are included in the following balance sheet accounts:
In millions
June 30,

2011
 
December 31,

2010
Accrued expenses and other current liabilities
$
75.5


 
$
75.5


Other noncurrent liabilities
909.6


 
945.0


Total asbestos-related liabilities
$
985.1


 
$
1,020.5


Other current assets
$
36.2


 
$
26.3


Other noncurrent assets
299.0


 
319.9


Total asset for probable asbestos-related insurance recoveries
$
335.2


 
$
346.2


Cost/Income Asbestos Related Claims After Recoveries
The (costs) income associated with the settlement and defense of asbestos-related claims after insurance recoveries for the three and six months ended June 30 were as follows:
 
Three months ended
 
Six months ended
In millions
2011
 
2010
 
2011
 
2010
Continuing operations
$
(1.2
)
 
$
(0.8
)
 
$
(2.6
)
 
$
(2.6
)
Discontinued operations
(1.9
)
 
(3.0
)
 
(5.6
)
 
(8.8
)
Total
$
(3.1
)
 
$
(3.8
)
 
$
(8.2
)
 
$
(11.4
)
Product Warranty Liability
The following table represents the changes in the product warranty liability for the six months ended June 30:
In millions
2011
 
2010
Balance at beginning of period
$
632.0


 
$
620.2


Reductions for payments
(99.4
)
 
(122.0
)
Accruals for warranties issued during the current period
101.3


 
132.4


Changes to accruals related to preexisting warranties
(0.2
)
 
0.3


Translation
4.2


 
(5.8
)
Balance at end of period
$
637.9


 
$
625.1