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Condensed Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Income Statement [Abstract]        
Sales $ 581.2 $ 550.2 $ 1,597.1 $ 1,515.3
Operating expenses:        
Cost of goods sold 475.8 432.7 1,260.1 1,205.6
Selling and administration 42.4 39.8 131.2 121.0
Restructuring charges 2.3 4.1 6.0 6.6
Acquisition costs 8.3 0 8.3 0.8
Other operating income 1.1 4.3 1.5 5.9
Operating income 53.5 77.9 193.0 187.2
Earnings of non-consolidated affiliates 1.2 0.8 2.0 8.5
Interest expense 6.0 7.9 18.3 22.5
Interest income 0.2 0.2 0.7 0.7
Other (expense) income (2.2) (1.6) (6.9) 179.0
Income before taxes 46.7 69.4 170.5 352.9
Income tax provision 18.0 22.2 55.5 129.9
Net income $ 28.7 $ 47.2 $ 115.0 $ 223.0
Net income per common share:        
Basic $ 0.36 $ 0.59 $ 1.44 $ 2.79
Diluted $ 0.35 $ 0.58 $ 1.42 $ 2.76
Dividends per common share $ 0.20 $ 0.20 $ 0.60 $ 0.60
Average common shares outstanding:        
Basic 80.1 80.2 80.1 79.9
Diluted 81.0 80.8 80.9 80.8