Fair Value Measurements (Tables)

9 Months Ended

Sep. 28, 2012

Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]

Financial Assets And Liabilities Carried At Fair Value

A summary of financial assets and liabilities that are measured at fair value on a recurring basis as of September 28, 2012 and December 31, 2011 were as follows ($ in millions):

	Quoted Prices in Active Market (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)	Total
September 28, 2012:
Assets:
Available-for-sale securities	$	402.9	—		—	$	402.9
Liabilities:
Deferred compensation plans	—		$	63.4	—	63.4
Currency swap agreement	—		42.4		—	42.4
December 31, 2011:
Assets:
Available-for-sale securities	287.0		—		—	287.0
Liabilities:
Deferred compensation plans	—		58.2		—	58.2
Currency swap agreement	—		53.9		—	53.9

Carrying Amounts And Fair Values Of Financial Instruments

The fair values and carrying amounts of financial instruments as of September 28, 2012 and December 31, 2011 were as follows ($ in millions):

	September 28, 2012				December 31, 2011
	Carrying Amount		Fair Value (1)		Carrying Amount		Fair Value
Assets:
Available-for-sale securities	$	402.9	$	402.9	$	287.0	$	287.0
Liabilities:
Short-term borrowings	55.1		55.1		98.4		98.4
Long-term borrowings	4,659.1		5,320.9		5,206.8		5,790.1
Currency swap agreement	42.4		42.4		53.9		53.9

(1) Effective January 1, 2012, the Company is required to disclose, on a prospective basis, the level within the fair value hierarchy at which the fair values of the financial instruments are categorized. As of September 28, 2012, available-for-sale securities and short and long-term borrowings were categorized as level 1, while the currency swap agreement was categorized as level 2.