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Consolidated Statements Of Cash Flow (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash Flow From Operating Activities      
Net Income $ 309.6 $ 270.7 $ 243.5
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation expense 49.8 44.1 56.9
Amortization expense 27.3 27.5 28.5
Deferred income taxes 59.4 38.9 23.1
Loss on extinguishment of debt 0 4.5 0
Equity in earnings of affiliates (10.0) (5.0) (12.0)
Distributions from unconsolidated affiliates 10.5 8.7 9.3
Non cash compensation expense 11.0 11.8 12.7
Other asset write-offs 3.1 3.9 12.2
Other 0.2 (0.9) (3.7)
Change in assets and liabilities:      
Accounts receivable (35.3) (12.7) 6.2
Inventories (9.0) 24.1 (10.5)
Other current assets (6.1) 1.9 (0.4)
Accounts payable and accrued expenses 27.4 22.7 12.7
Income taxes payable 19.1 (7.6) 17.4
Excess tax benefit on stock options exercised (12.1) (7.3) (5.0)
Other liabilities (7.1) 3.2 10.0
Net Cash Provided By Operating Activities 437.8 428.5 400.9
Cash Flow From Investing Activities      
Proceeds from sale of assets 0 8.2 30.1
Additions to property, plant and equipment (76.6) (63.8) (135.4)
Acquisitions (69.1) (126.0) 0
Investment interest in joint venture (3.2) 0 0
Proceeds from note receivable 1.6 1.8 1.3
Contingent acquisition payments (0.5) (0.6) (0.7)
Other 0 0 0.6
Net Cash Used In Investing Activities (147.8) (180.4) (104.1)
Cash Flow From Financing Activities      
Long-term debt borrowings 0 249.7 0
Long-term debt repayment 0 (781.4) (71.5)
Short-term debt repayments, net of borrowings (87.4) 55.1 30.9
Proceeds from stock options exercised 27.1 16.0 10.0
Excess tax benefit on stock options exercised 12.1 7.2 5.0
Payment of cash dividends (97.4) (44.0) (32.3)
Purchase of treasury stock (80.2) (0.1) (0.4)
Deferred financing costs (0.7) (6.2) 0
Net Cash Used In Financing Activities (226.5) (503.7) (58.3)
Effect of exchange rate changes on cash and cash equivalents (1.3) (2.3) 10.6
Net Change In Cash and Cash Equivalents 62.2 (257.9) 249.1
Cash and Cash Equivalents at Beginning of Period 189.2 447.1 198.0
Cash and Cash Equivalents at End of Period 251.4 189.2 447.1
Cash paid during the year for:      
Interest (net of amounts capitalized) 9.2 29.3 29.9
Income taxes 108.0 120.9 106.1
Supplemental disclosure of non-cash investing activities:      
Property, plant and equipment expenditures included in Accounts Payable 6.4 0.9 4.8
Property, plant and equipment expenditures included in other long-term liabilities (related to leasing obligations for new corporate headquarters facility) 17.4 0 0
Acquisitions in which liabilities were assumed are as follows:      
Fair value of assets 69.1 126.0 0
Purchase price (69.1) (126.0) 0
Liabilities assumed $ 0 $ 0 $ 0