Equity

3 Months Ended

Mar. 31, 2012

Stockholders' Equity Note [Abstract]

Equity

Equity

The reconciliation of Ordinary shares is as follows:

In millions	Total
December 31, 2011	297.1
Shares issued under incentive plans, net	1.5
March 31, 2012	298.6

The components of Equity for the three months ended March 31, 2012 were as follows:

In millions	IR-Ireland shareholders’ equity			Noncontrolling interests			Total equity
Balance at December 31, 2011	$	6,924.3		$	88.1		$	7,012.4
Net earnings	95.6			6.6			102.2
Currency translation	136.5			—			136.5
Change in value of marketable securities and derivatives qualifying as cash flow hedges, net of tax	(1.4		)	—			(1.4		)
Pension and OPEB adjustments, net of tax	29.9			—			29.9
Total comprehensive income	260.6			6.6			267.2
Share-based compensation	6.9			—			6.9
Dividends to noncontrolling interests	—			(3.5		)	(3.5		)
Dividends to ordinary shareholders	(0.2		)	—			(0.2		)
Accretion of Exchangeable Senior Notes from Temporary equity	2.7			—			2.7
Shares issued under incentive plans, net	13.0			—			13.0
Balance at March 31, 2012	$	7,207.3		$	91.2		$	7,298.5

The components of Equity for the three months ended March 31, 2011 were as follows:

In millions	IR-Ireland shareholders’ equity			Noncontrolling interests			Total equity
Balance at December 31, 2010	$	7,964.3		$	94.8		$	8,059.1
Net earnings	(77.6		)	6.1			(71.5		)
Currency translation	187.6			—			187.6
Change in value of marketable securities and derivatives qualifying as cash flow hedges, net of tax	(2.3		)	—			(2.3		)
Pension and OPEB adjustments, net of tax	5.8			—			5.8
Total comprehensive income	113.5			6.1			119.6
Share-based compensation	15.0			—			15.0
Dividends to noncontrolling interests	—			(3.7		)	(3.7		)
Dividends to ordinary shareholders	(23.1		)	—			(23.1		)
Accretion of Exchangeable Senior Notes from Temporary equity	3.3			—			3.3
Shares issued under incentive plans, net	36.0			—			36.0
Other	(0.5		)	—			(0.5		)
Balance at March 31, 2011	$	8,108.5		$	97.2		$	8,205.7