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Condensed Consolidated Statements Of Cash Flows (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
OPERATING ACTIVITIES:    
Net income $ 79.3 $ 75.7
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 39.4 40.7
Loss related to extinguishment of debt 0 4.8
Deferred income taxes 19.6 35.4
Non-cash restructuring (benefits) costs 0 (0.5)
Stock-based compensation expense 9.4 8.1
Other, net 0.9 4.1
Changes in operating assets and liabilities, excluding the effects of acquisitions and divestitures:    
Accounts receivable 71.8 45.1
Inventories (148.5) (131.7)
Accounts payable 54.0 70.3
Accrued liabilities and other (173.3) (260.3)
NET CASH (USED IN) PROVIDED BY OPERATING ACTIVITIES (47.4) (108.3)
INVESTING ACTIVITIES:    
Acquisitions and acquisition-related activity (3.7) (18.9)
Capital expenditures (48.3) (44.9)
Proceeds from sales of business and other noncurrent assets 10.0 2.7
NET CASH USED IN INVESTING ACTIVITIES (42.0) (61.1)
FINANCING ACTIVITIES:    
Short-term borrowings, net 392.7 190.0
Repayments of debt (250.3) (0.5)
Payments for Repurchase and Retirement of Common Stock (16.4) 0
Cash consideration paid for exchange of convertible notes 0 (3.1) [1]
Cash dividends (24.2) (14.7)
Excess tax benefits related to stock-based compensation 10.6 0
Other stock-based compensation activity (6.5) (3.9)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 105.9 167.8
Currency rate effect on cash and cash equivalents 3.4 1.7
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 19.9 0.1
Cash and cash equivalents at beginning of period 170.2 139.6
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 190.1 $ 139.7
[1] Consideration provided in connection with the convertible notes exchanged in March 2011 consisted of cash as well as issuance of shares of the Company’s common stock, which issuance is not included in the Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2011. See Footnote 6 of the Notes to Condensed Consolidated Financial Statements for further information.