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Condensed Consolidated Statements of Cash Flow (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash Flow From Operating Activities    
Net Income $ 269.0 $ 245.8
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation expense 40.2 38.3
Amortization expense 19.2 20.4
Deferred income taxes 14.0 37.6
Equity in earnings of affiliates (7.3) (8.3)
Distributions from unconsolidated affiliates 8.4 7.8
Non cash compensation expense 10.6 9.7
Other (0.4) (0.6)
Change in assets and liabilities:    
Accounts receivable (16.5) (29.0)
Inventories (22.7) (29.3)
Other current assets 2.0 (1.8)
Accounts payable and accrued expenses 5.8 20.6
Income taxes payable 20.4 20.9
Excess tax benefit on stock options exercised (14.0) (10.7)
Other operating assets and liabilities, net (12.8) (2.2)
Net Cash Provided By Operating Activities 315.9 319.2
Cash Flow From Investing Activities    
Additions to property, plant and equipment (49.7) (40.8)
Acquisitions 0 (64.8)
Deposits of cash held in escrow (650.0) 0
Investment interest in joint venture (9.7) 0
Proceeds from note receivable 0.4 1.5
Other (2.0) (0.8)
Net Cash Used In Investing Activities (711.0) (104.9)
Cash Flow From Financing Activities    
Long-term debt borrowings 399.6 0
Short-term debt borrowings, net of repayments 252.0 (86.1)
Proceeds from stock options exercised 20.5 20.2
Excess tax benefit on stock options exercised 14.0 10.7
Payment of cash dividends (101.0) (73.1)
Purchase of treasury stock (200.4) (0.1)
Deferred financing costs (3.4) (0.7)
Net Cash Provided By (Used In) Financing Activities 381.3 (129.1)
Effect of exchange rate changes on cash and cash equivalents 3.6 0.6
Net Change In Cash and Cash Equivalents (10.2) 85.8
Cash and Cash Equivalents at Beginning of Period 251.4 189.2
Cash and Cash Equivalents at End of Period 241.2 275.0
Cash paid during the year for:    
Interest (net of amounts capitalized) 4.7 4.8
Income taxes 114.2 71.6
Supplemental disclosure of non-cash investing activities:    
Property, plant and equipment expenditures included in Accounts Payable 5.5 6.6
Property, plant and equipment expenditures included in other long-term liabilities (related to leasing obligations for new corporate headquarters facility) 27.6 0
Acquisitions in which liabilities were assumed are as follows:    
Fair value of assets 0 64.8
Purchase price 0 (64.8)
Liabilities assumed $ 0 $ 0