Other Financial Information

6 Months Ended

Jun. 30, 2012

Balance Sheet Related Disclosures [Abstract]

Other Financial Information

OTHER FINANCIAL INFORMATION

Inventories

Cost for approximately 54% and 45% of the Company’s inventory is determined using the last-in, first-out (LIFO) inventory valuation method as of June 30, 2012 and December 31, 2011, respectively. The approximate percentage distribution between major classes of inventories was as follows:

	June 30, 2012		December 31, 2011
Raw Material and Work in Process	41	%	38	%
Finished Goods and Purchased Parts	59	%	62	%

Property, Plant and Equipment

Property, plant, and equipment by major classification was as follows (in millions):

	June 30, 2012			December 31, 2011
Land and Improvements	$	74.2		$	74.1
Buildings and Improvements	193.4			189.3
Machinery and Equipment	731.6			667.2
Property, Plant and Equipment	999.2			930.6
Less: Accumulated Depreciation	(434.1		)	(396.6		)
Net Property, Plant and Equipment	$	565.1		$	534.0