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SHAREHOLDERS' EQUITY
 12 Months Ended
Dec. 31, 2011
SHAREHOLDERS' EQUITY [Abstract]  
SHAREHOLDERS' EQUITY
 

SHAREHOLDERS' EQUITY

During 2011, 2010 and 2009, we issued 0.5 million; 0.2 million; and less than 0.1 million shares with a total value of $9.3 million, $3.1 million and $0.2 million, respectively, representing stock options exercised.  In addition, during 2011, 2010 and 2009, we issued zero; 0.5 million; and 1.3 million shares of common stock, respectively, with a total value of zero, $10.2 million and $16.9 million, respectively, to the CEOP.  Effective September 23, 2010, our CEOP began to purchase shares in the open market in lieu of our issuing shares to satisfy the investment in our common stock resulting from employee contributions, our matching contributions, retirement contributions and re-invested dividends.  Effective February 1, 2011, we reinstated the match on all salaried and certain non-bargained hourly employees' contributions, which had previously been suspended effective January 1, 2010.

On July 21, 2011, our board of directors authorized a share repurchase program of up to 5 million shares of common stock that will terminate in three years for any of the remaining shares not yet repurchased.  Since the date of authorization, 0.2 million shares were purchased and retired under this program at a cost of $4.2 million.  As of December 31, 2011, we had purchased a total of 0.2 million shares under this program and 4.8 million shares remained authorized to be purchased.

We have registered an undetermined amount of securities with the SEC, so that, from time-to-time, we may issue debt securities, preferred stock and/or common stock and associated warrants in the public market under that registration statement.

The following table represents the activity included in accumulated other comprehensive loss:

   
Foreign
Currency
Translation
Adjustment
   
Unrealized
Gains (Losses)
on Derivative
Contracts
(net of taxes)
   
Pension and
Postretirement
Benefits
(net of taxes)
   
Accumulated
Other
Comprehensive
Loss
 
   
($ in millions)
 
Balance at January 1, 2009
 
$
(5.1
)
   
(25.0
)
 
$
(239.3
)
 
$
(269.4
)
Unrealized gains (losses)
   
4.6
     
24.2
     
(27.3
)
   
1.5
 
Reclassification adjustments into income
   
-
     
12.4
     
7.3
     
19.7
 
Balance at December 31, 2009
   
(0.5
)
   
11.6
     
(259.3
)
   
(248.2
)
Unrealized gains (losses)
   
0.9
     
5.4
     
(26.0
)
   
(19.7
)
Reclassification adjustments into income
   
-
     
(5.4
)
   
11.5
     
6.1
 
Balance at December 31, 2010
   
0.4
     
11.6
     
(273.8
)
   
(261.8
)
Unrealized gains (losses)
   
1.4
     
(10.6
)
   
(29.0
)
   
(38.2
)
Reclassification adjustments into income
   
-
     
(6.3
)
   
12.1
     
5.8
 
Balance at December 31, 2011
 
$
1.8
   
$
(5.3
)
 
$
(290.7
)
 
$
(294.2
)

Pension and postretirement benefits (net of taxes) activity in other comprehensive loss included the amortization of prior service costs and actuarial losses and pension and postretirement liability adjustments.

Unrealized gains and losses on derivative contracts (net of taxes) activity in other comprehensive loss included a deferred tax (benefit) provision for 2011, 2010 and 2009 of $(10.7) million, zero and $23.2 million, respectively.  Pension and postretirement benefits (net of taxes) activity in other comprehensive loss included a deferred tax benefit for 2011, 2010 and 2009 of $10.2 million, $9.1 million and $9.7 million, respectively.