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Subsequent Event
6 Months Ended
Jul. 02, 2011
Subsequent Event  
Subsequent Event
17. SUBSEQUENT EVENT
On July 14, 2011, the Company issued $423 million in senior unsecured notes in a private placement. The notes were issued in five tranches with maturities from seven to twelve years and carry fixed interest rates between 4.1% and 5.1%. The proceeds from the issuance of the notes will be available to finance a portion of the pending acquisition of the Electrical Products Company from A.O. Smith Corporation (See also Note 3 of Notes to Condensed Consolidated Financial Statements).