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STATEMENT OF CHANGES IN EQUITY AND ACCUMULATED OTHER COMPREHENSIVE INCOME
9 Months Ended
Sep. 30, 2013
Equity [Abstract]  
STATEMENT OF CHANGES IN EQUITY AND ACCUMULATED OTHER COMPREHENSIVE INCOME
STATEMENT OF CHANGES IN EQUITY AND ACCUMULATED OTHER COMPREHENSIVE INCOME
 
Nine Months Ended September 30, 2013
 
Total
Equity
 
Retained
Earnings
 
Common
Stock &
Additional
Contributed
Capital
 
Treasury
Stock
 
Noncontrolling
Interest
 
Accumulated
Other
Comprehensive
Income
Beginning balance, January 1, 2013
$
1,442.2

 
$
2,109.6

 
$
460.6

 
$
(1,206.7
)
 
$
7.7

 
$
71.0

Net earnings
193.4

 
193.4

 

 

 

 

(Earnings) loss attributable to noncontrolling interest, net of tax

 
(1.7
)
 

 

 
1.7

 

Dividends declared
(126.4
)
 
(127.3
)
 
2.2

 

 
(1.3
)
 

Treasury stock purchased
(123.1
)
 

 

 
(123.1
)
 

 

Treasury stock issued
53.1

 

 
(12.8
)
 
65.9

 

 

Foreign currency translation adjustments
(6.3
)
 

 

 

 
.1

 
(6.4
)
Cash flow hedges, net of tax
2.5

 

 

 

 

 
2.5

Defined benefit pension plans, net of tax
2.9

 

 

 

 

 
2.9

Stock options and benefit plan transactions, net of tax
25.4

 

 
25.4

 

 

 

Ending balance, September 30, 2013
$
1,463.7

 
$
2,174.0

 
$
475.4

 
$
(1,263.9
)
 
$
8.2

 
$
70.0

 
 
Nine Months Ended September 30, 2012
 
Total
Equity
 
Retained
Earnings
 
Common
Stock &
Additional
Contributed
Capital
 
Treasury
Stock
 
Noncontrolling
Interest
 
Accumulated
Other
Comprehensive
Income
Beginning balance, January 1, 2012
$
1,307.7

 
$
2,027.4

 
$
458.9

 
$
(1,254.3
)
 
$
10.5

 
$
65.2

Net earnings
176.5

 
176.5

 

 

 

 

(Earnings) loss attributable to noncontrolling interest, net of tax

 
(1.8
)
 

 

 
1.8

 

Dividends declared
(119.4
)
 
(122.7
)
 
3.3

 

 

 

Treasury stock purchased
(24.1
)
 

 

 
(24.1
)
 

 

Treasury stock issued
29.5

 

 
(24.8
)
 
54.3

 

 

Foreign currency translation adjustments
12.0

 

 

 

 

 
12.0

Cash flow hedges, net of tax
(4.5
)
 

 

 

 

 
(4.5
)
Defined benefit pension plans, net of tax
2.5

 

 

 

 

 
2.5

Stock options and benefit plan transactions, net of tax
20.6

 

 
20.6

 

 

 

Ending balance, September 30, 2012
$
1,400.8

 
$
2,079.4

 
$
458.0

 
$
(1,224.1
)
 
$
12.3

 
$
75.2



The following tables set forth the components of and changes in each component of accumulated other comprehensive income (loss) for each of the periods presented:
 
 
Foreign
Currency
Translation
Adjustments
 
Cash
Flow
Hedges
 
Defined
Benefit
Pension
Plans
 
Accumulated
Other
Comprehensive
Income (Loss)
Beginning balance, January 1, 2013
$
163.5

 
$
(25.5
)
 
$
(67.0
)
 
$
71.0

Other comprehensive income (loss) before reclassifications, pretax
(6.3
)
 
.5

 
.1

 
(5.7
)
Amounts reclassified from accumulated other comprehensive income, pretax:


 


 


 


Cost of goods sold; selling and administrative expenses

 
.4

 
4.7

 
5.1

Interest expense

 
3.0

 

 
3.0

Subtotal of reclassifications, pretax

 
3.4

 
4.7

 
8.1

Other comprehensive income (loss), pretax
(6.3
)
 
3.9

 
4.8

 
2.4

Income tax effect

 
(1.4
)
 
(1.9
)
 
(3.3
)
Attributable to noncontrolling interest
(.1
)
 

 

 
(.1
)
Ending balance, September 30, 2013
$
157.1

 
$
(23.0
)
 
$
(64.1
)
 
$
70.0

 
 
 
 
 
 
 
 
Beginning balance, January 1, 2012
$
147.6

 
$
(21.5
)
 
$
(60.9
)
 
$
65.2

Other comprehensive income (loss) before reclassifications, pretax
11.3

 
(9.9
)
 
(.5
)
 
.9

Amounts reclassified from accumulated other comprehensive income, pretax:


 


 


 


Cost of goods sold; selling and administrative expenses

 
1.8

 
4.7

 
6.5

Interest expense

 
.7

 

 
.7

Other income/expense, net
.7

 

 

 
.7

Subtotal of reclassifications, pretax
.7

 
2.5

 
4.7

 
7.9

Other comprehensive income (loss), pretax
12.0

 
(7.4
)
 
4.2

 
8.8

Income tax effect

 
2.9

 
(1.7
)
 
1.2

Attributable to noncontrolling interest

 

 

 

Ending balance, September 30, 2012
$
159.6

 
$
(26.0
)
 
$
(58.4
)
 
$
75.2