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Equity (Components of Shareholders' Equity) (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 9 Months Ended 36 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Shareholders' Equity [Member]
Sep. 30, 2011
Shareholders' Equity [Member]
Sep. 30, 2012
Noncontrolling Interest [Member]
Sep. 30, 2011
Noncontrolling Interest [Member]
Dec. 31, 2011
Immaterial Reclassification Adjustment [Member]
Noncontrolling Interest [Member]
Balance at December 31:     $ 7,012.4 $ 8,059.1 $ 6,924.3 $ 7,964.3 $ 88.1 $ 94.8  
Net earnings 327.0 93.5 802.2 121.2 783.0 100.9 19.2 20.3  
Currency translation     48.1 [1] (38.9) 58.4 [1] (38.9) (10.3) [1] 0 11.5 [1]
Change in value of marketable securities and derivatives qualifying as cash flow hedges, net of tax     5.2 1.3 5.2 1.3 0 0  
Pension and OPEB adjustments, net of tax     57.0 91.8 58.3 92.4 (1.3) (0.6)  
Total comprehensive income (loss) 485.7 (137.3) 912.5 175.4 904.9 155.7 7.6 19.7  
Share-based compensation     34.7 31.0 34.7 31.0 0 0  
Settlement of Exchangeable Senior Notes     (4.5)   (4.5)   0    
Acquisition/divestiture of noncontrolling interests     (0.4) (2.5) (1.2) (1.3) 0.8 (1.2)  
Dividends to noncontrolling interests     (12.3) (22.9) 0 0 (12.3) (22.9)  
Dividends to ordinary shareholders     (98.5) (101.5) (98.5) (101.5) 0 0  
Accretion of Exchangeable Senior Notes from Temporary Equity     3.3 10.0 3.3 10.0 0 0  
Shares issued under incentive plans, net     57.7 107.4 57.7 107.4 0 0  
Repurchase of ordinary shares     (374.9) (575.6) (374.9) (575.6) 0 0  
Other       (1.7)   (0.7)   (1.0)  
Balance at September 30: $ 7,530.0 $ 7,678.7 $ 7,530.0 $ 7,678.7 $ 7,445.8 $ 7,589.3 $ 84.2 $ 89.4  
[1] During the third quarter of 2012, the Company reclassified a $11.5 million currency translation loss to Noncontrolling interests from IR-Ireland shareholders' equity related to activity from prior to 2012. This reclassification corrects the allocation of currency translation gains (losses) between the Equity components. The Company does not believe this reclassification adjustment is material to 2012 or to any of its previously issued annual or interim financial statements.