Income Taxes (Tables)

12 Months Ended

Dec. 31, 2011

Income Taxes

Schedule of income taxes and provision for income taxes

(In millions)	2011			2010		2009
Income before income taxes:
U.S.	$	106.3		$	54.3	$	63.6
International	69.2			45.5		14.0
Total income before income taxes	$	175.5		$	99.8	$	77.6
Provision for income taxes:
Current:
U.S.	$	10.6		$	1.1	$	1.5
International	7.6			5.7		0.9
Current provision for income taxes	18.2			6.8		2.4
Deferred:
U.S.	24.4			15.1		23.8
International	(1.0		)	1.0		(4.2		)
Deferred provision for income taxes	23.4			16.1		19.6
Total provision for income taxes	$	41.6		$	22.9	$	22.0

Schedule of a reconciliation of the provision for income taxes at the U.S. federal statutory income tax rate to the actual income tax provision

(In millions)	2011			2010			2009
Provision for taxes at U.S. federal statutory rate	$	61.5		$	34.9		$	27.1
State and local taxes, net of federal benefit	2.2			1.8			1.6
Foreign effective rate differential	(8.4		)	(7.3		)	(7.4		)
Other	1.3			1.4			(0.7		)
Foreign Tax Credit Carryforwards	(2.4		)	(3.2		)	1.4
U.S. Research & Development Tax Credits	(1.0		)	(1.3		)	(2.0		)
Tax Settlement	(5.5		)	—			—
Wind Energy Tax Credit	(0.1		)	(3.5		)	—
Change in valuation allowance on net operating losses	(6.0		)	0.1			2.0
Total provision for income taxes	$	41.6		$	22.9		$	22.0

Schedule of deferred income taxes

(In millions)	2011			2010
Assets
Net operating loss carryforwards	$	64.2		$	61.8
Unfunded pension liability and other postretirement obligations	13.8			14.5
Accelerated amortization	—			7.4
Advanced payments from foreign affiliates	18.8			—
Tax credit carryforwards	21.0			34.4
Stock based compensation	11.3			9.0
Other comprehensive income	13.4			8.8
Reserves and other	14.7			15.4
Subtotal	157.2			151.3
Valuation allowance	(39.4		)	(36.5		)
Total assets	$	117.8		$	114.8
Liabilities
Accelerated depreciation	(39.4		)	(29.0		)
Accelerated amortization	(1.2		)	—
Other	(0.4		)	(0.8		)
Total liabilities	(41.0		)	(29.8		)
Net deferred tax asset	$	76.8		$	85.0

Schedule of classification of deferred tax assets and deferred tax liabilities in consolidated balance sheets

(In millions)	2011			2010
Current deferred tax assets, net	$	45.1		$	23.3
Current deferred tax liability, net	(0.1		)	(0.1		)
Long-term deferred tax assets, net	33.0			63.6
Long-term deferred tax liability, net	(1.2		)	(1.8		)
Net deferred tax assets	$	76.8		$	85.0

Schedule of unrecognized tax benefits

(In millions)	Unrecognized Tax Benefits 2011			Unrecognized Tax Benefits 2010			Unrecognized Tax Benefits 2009
Balance as of January1	$	20.1		$	19.4		$	18.2
Additions based on tax positions related to the current year	1.5			2.6			3.2
Reductions for tax positions of prior years	(1.1		)	—			(1.8		)
Decreases relating to settlements with tax authorities	(6.7		)	—			(0.1		)
Expiration of the statute of limitations for the assessment of taxes	(1.6		)	(0.5		)	(0.5		)
Other, including currency translation	0.3			(1.4		)	0.4
Balance as of December 31	$	12.5		$	20.1		$	19.4