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STATEMENT OF CHANGES IN EQUITY AND ACCUMULATED OTHER COMPREHENSIVE INCOME
6 Months Ended
Jun. 30, 2012
STATEMENT OF CHANGES IN EQUITY AND ACCUMULATED OTHER COMPREHENSIVE INCOME

12. STATEMENT OF CHANGES IN EQUITY AND ACCUMULATED OTHER COMPREHENSIVE INCOME

 

     Six Months Ended June 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

     109.9        109.9        —          —          —          —     

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

     —          (1.0     —          —          1.0        —     

Dividends declared

     (78.6     (80.7     2.1        —          —          —     

Treasury stock purchased

     (9.0     —          —          (9.0     —          —     

Treasury stock issued

     11.4        —          (19.3     30.7        —          —     

Foreign currency translation adjustments

     (7.4     —          —          —          (.1     (7.3

Cash flow hedges, net of tax

     (4.3     —          —          —          —          (4.3

Defined benefit pension plans, net of tax

     1.8        —          —          —          —          1.8   

Stock options and benefit plan transactions, net of tax

     15.5        —          15.5        —          —          —     
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Ending balance, June 30, 2012

   $ 1,347.0      $ 2,055.6      $ 457.2      $ (1,232.6   $ 11.4      $ 55.4   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

     Six Months Ended June 30, 2011  
     Total
Equity
    Retained
Earnings
    Common
Stock &
Additional
Contributed
Capital
    Treasury
Stock
    Noncontrolling
Interest
     Accumulated
Other
Comprehensive
Income
 

Beginning balance, January 1, 2011

   $ 1,524.4      $ 2,033.3      $ 465.2      $ (1,093.0   $ 17.1       $ 101.8   

Net earnings

     101.8        101.8        —          —          —           —     

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

     —          (2.1     —          —          2.1         —     

Dividends declared

     (77.4     (79.3     1.9        —          —           —     

Treasury stock purchased

     (177.5     —          —          (177.5     —           —     

Treasury stock issued

     26.1        —          (29.9     56.0        —           —     

Foreign currency translation adjustments

     36.8        —          —          —          .4         36.4   

Cash flow hedges, net of tax

     (3.7     —          —          —          —           (3.7

Defined benefit pension plans, net of tax

     .8        —          —          —          —           .8   

Stock options and benefit plan transactions, net of tax

     23.4        —          23.4        —          —           —     
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 

Ending balance, June 30, 2011

   $ 1,454.7      $ 2,053.7      $ 460.6      $ (1,214.5   $ 19.6       $ 135.3   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 

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)
 

Balance January 1, 2012

   $ 147.6      $ (21.5   $ (60.9   $ 65.2   

Period change—Gross

     (7.4     (7.0     2.9        (11.5

Period change—Attributable to noncontrolling interest

     .1        —          —          .1   

Period change—Income tax effect

     —          2.7        (1.1     1.6   
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance June 30, 2012

   $ 140.3      $ (25.8   $ (59.1   $ 55.4   
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance January 1, 2011

   $ 151.1      $ 1.4      $ (50.7   $ 101.8   

Period change—Gross

     36.8        (5.9     1.3        32.2   

Period change—Attributable to noncontrolling interest

     (.4     —          —          (.4

Period change—Income tax effect

     —          2.2        (.5     1.7   
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance June 30, 2011

   $ 187.5      $ (2.3   $ (49.9   $ 135.3