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Condensed Consolidated Statements Of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 29, 2012
Jul. 01, 2011
Jun. 29, 2012
Jul. 01, 2011
Income Statement [Abstract]        
Net sales $ 1,478.1 $ 1,532.2 $ 2,910.6 $ 2,979.8
Cost of sales 1,301.1 1,357.6 2,586.4 2,638.2
Gross profit 177.0 174.6 324.2 341.6
Selling, general and administrative expenses 104.4 94.8 198.2 188.7
Operating income 72.6 79.8 126.0 152.9
Other income (expense) (13.5) (3.9) (6.7) 3.1
Interest income (expense):        
Interest expense (25.2) (23.6) (49.9) (47.6)
Interest income 1.6 2.0 3.3 4.0
Interest income (expense), total (23.6) (21.6) (46.6) (43.6)
Income before income taxes 35.5 54.3 72.7 112.4
Income tax (provision) benefit (12.0) (17.2) (22.9) (36.6)
Equity in earnings of affiliated companies 0.5 1.0 0.5 1.4
Net income including non-controlling interest 24.0 38.1 50.3 77.2
Less: preferred stock dividends 0.1 0.1 0.2 0.2
Less: net income attributable to non-controlling interest 2.1 [1] 0.5 [1] 3.4 [1] 1.3 [1]
Net income attributable to Company common shareholders 21.8 [2] 37.5 [2] 46.7 [2] 75.7 [2]
Comprehensive income (loss) $ (45.7) $ 57.5 $ 30.7 $ 125.2
Earnings per share        
Earnings per common share-basic $ 0.44 [3] $ 0.72 [3] $ 0.94 [3] $ 1.45 [3]
Weighted average common shares-basic 49.8 [4] 52.2 [4] 49.8 [4] 52.2 [4]
Earnings per common share-assuming dilution $ 0.43 $ 0.68 $ 0.92 $ 1.39
Weighted average common shares-assuming dilution 51.1 [4] 54.9 [4] 51.1 [4] 54.7 [4]
[1] Net income before preferred stock dividend payments.
[2] Numerator
[3] Under the two-class method, earnings per share – basic reflects undistributed earnings per share for both common stock and unvested share-based payment awards (restricted stock).
[4] Denominator