Supplemental Guarantor And Parent Company Condensed Financial Information (Tables)

12 Months Ended

Dec. 31, 2011

Quarterly Financial Information Disclosure [Abstract]

Condensed Statements Of Operations

Condensed Statement of Operations and Comprehensive Income (Loss) Information

Year Ended December 31, 2011

	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Total
Net sales:
Customers	$	—		$	2,070.3		$	3,796.4		$	—		$	5,866.7
Intercompany	55.9			—			51.3			(107.2		)	—
	55.9			2,070.3			3,847.7			(107.2		)	5,866.7
Cost of sales	—			1,819.3			3,491.0			(51.3		)	5,259.0
Gross profit	55.9			251.0			356.7			(55.9		)	607.7
Selling, general and administrative expenses	44.6			142.8			246.1			(55.9		)	377.6
Operating income	11.3			108.2			110.6			—			230.1
Other income (expense)	(0.1		)	(0.5		)	(31.1		)	—			(31.7		)
Interest income (expense):
Interest expense	(63.0		)	(91.6		)	(45.9		)	101.3			(99.2		)
Interest income	88.6			12.0			8.4			(101.3		)	7.7
	25.6			(79.6		)	(37.5		)	—			(91.5		)
Income before income taxes	36.8			28.1			42.0			—			106.9
Income tax benefit (provision)	(15.8		)	—			(26.9		)	—			(42.7		)
Equity in net income of subsidiaries	45.0			16.9			0.2			(59.2		)	2.9
Net income including noncontrolling interest	66.0			45.0			15.3			(59.2		)	67.1
Less: preferred stock dividends	0.3			—			—			—			0.3
Less: net income attributable to noncontrolling interest	—			—			1.1			—			1.1
Net income applicable to Company common shareholders	$	65.7		$	45.0		$	14.2		$	(59.2	)	$	65.7
Comprehensive income (loss)	$	65.5		$	(10.0	)	$	(47.9	)	$	(59.2	)	$	(51.6	)

Condensed Statement of Operations and Comprehensive Income (Loss) Information

Year Ended December 31, 2010

	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Total
Net sales:
Customers	$	—		$	1,740.2		$	3,124.7		$	—		$	4,864.9
Intercompany	51.2			0.3			75.4			(126.9		)	—
	51.2			1,740.5			3,200.1			(126.9		)	4,864.9
Cost of sales	—			1,526.3			2,868.6			(75.7		)	4,319.2
Gross profit	51.2			214.2			331.5			(51.2		)	545.7
Selling, general and administrative expenses	40.3			131.7			210.8			(51.2		)	331.6
Operating income	10.9			82.5			120.7			—			214.1
Other income (expense)	0.1			(0.9		)	(27.3		)	—			(28.1		)
Interest income (expense):
Interest expense	(61.5		)	(83.4		)	(24.9		)	92.8			(77.0		)
Interest income	81.6			10.9			5.7			(92.8		)	5.4
	20.1			(72.5		)	(19.2		)	—			(71.6		)
Income (loss) before income taxes	31.1			9.1			74.2			—			114.4
Income tax benefit (provision)	(12.0		)	20.8			(55.5		)	—			(46.7		)
Equity in net income (loss) of subsidiaries	42.6			12.7			0.1			(54.0		)	1.4
Net income including noncontrolling interest	61.7			42.6			18.8			(54.0		)	69.1
Less: preferred stock dividends	0.3			—			—			—			0.3
Less: net income attributable to noncontrolling interest	—			—			7.4			—			7.4
Net income applicable to Company common shareholders	$	61.4		$	42.6		$	11.4		$	(54.0	)	$	61.4
Comprehensive income (loss)	$	63.3		$	6.0		$	64.5		$	(54.0	)	$	79.8

Condensed Statement of Operations and Comprehensive Income (Loss) Information

Year Ended December 31, 2009

	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Total
Net sales:
Customers	$	—		$	1,460.2		$	2,925.0		$	—		$	4,385.2
Intercompany	49.3			2.4			42.2			(93.9		)	—
	49.3			1,462.6			2,967.2			(93.9		)	4,385.2
Cost of sales	—			1,310.8			2,610.8			(42.2		)	3,879.4
Gross profit	49.3			151.8			356.4			(51.7		)	505.8
Selling, general and administrative expenses	38.9			142.2			210.2			(51.7		)	339.6
Operating income	10.4			9.6			146.2			—			166.2
Other income (expense)	0.2			(0.2		)	7.0			—			7.0
Interest income (expense):
Interest expense	(69.5		)	(70.6		)	(36.7		)	90.2			(86.6		)
Interest income	68.9			21.4			3.5			(90.2		)	3.6
Loss on extinguishment of debt	(7.6		)	—			—			—			(7.6		)
	(8.2		)	(49.2		)	(33.2		)	—			(90.6		)
Income before income taxes	2.4			(39.8		)	120.0			—			82.6
Income tax (provision)	(1.9		)	4.1			(38.0		)	—			(35.8		)
Equity in net income of subsidiaries	39.3			75.0			0.3			(113.7		)	0.9
Net income including noncontrolling interest	39.8			39.3			82.3			(113.7		)	47.7
Less: preferred stock dividends	0.3			—			—			—			0.3
Less: net income attributable to noncontrolling interest	—			—			7.9			—			7.9
Net income applicable to Company common shareholders	$	39.5		$	39.3		$	74.4		$	(113.7	)	$	39.5
Comprehensive income (loss)	$	43.6		$	115.7		$	154.8		$	(113.7	)	$	200.4

Condensed Balance Sheets

Condensed Balance Sheet Information

December 31, 2011

	Parent		Guarantor Subsidiaries			Non- Guarantor Subsidiaries		Eliminations			Total
Assets
Current assets:
Cash	$	0.1	$	12.4		$	421.6	$	—		$	434.1
Receivables, net of allowances	—		247.0			833.9		—			1,080.9
Inventories	—		436.3			749.2		—			1,185.5
Deferred income taxes	—		25.4			17.8		—			43.2
Prepaid expenses and other	1.8		23.5			74.7		—			100.0
Total current assets	1.9		744.6			2,097.2		—			2,843.7
Property, plant and equipment, net	0.4		186.3			837.1		—			1,023.8
Deferred income taxes	—		1.9			14.3		—			16.2
Intercompany accounts	1,210.4		378.4			40.1		(1,628.9		)	—
Investment in subsidiaries	1,098.0		1,327.1			—		(2,425.1		)	—
Goodwill	—		0.8			167.3		—			168.1
Intangible assets, net	—		3.3			178.3		—			181.6
Unconsolidated affiliated companies	—		12.6			6.0		—			18.6
Other non-current assets	8.2		23.4			39.4		—			71.0
Total assets	$	2,318.9	$	2,678.4		$	3,379.7	$	(4,054.0	)	$	4,323.0
Liabilities and Total Equity
Current liabilities:
Accounts payable	$	—	$	100.1		$	846.4	$	—		$	946.5
Accrued liabilities	6.4		102.8			310.8		—			420.0
Current portion of long-term debt	10.1		—			146.2		—			156.3
Total current liabilities	16.5		202.9			1,303.4		—			1,522.8
Long-term debt	813.5		34.9			44.2		—			892.6
Deferred income taxes	139.4		(18.1		)	78.7		—			200.0
Intercompany accounts	—		1,250.5			378.4		(1,628.9		)	—
Other liabilities	1.1		110.2			134.6		—			245.9
Total liabilities	970.5		1,580.4			1,939.3		(1,628.9		)	2,861.3
Total Company shareholders’ equity	1,348.4		1,098.0			1,327.1		(2,425.1		)	1,348.4
Noncontrolling interest	—		—			113.3		—			113.3
Total liabilities and equity	$	2,318.9	$	2,678.4		$	3,379.7	$	(4,054.0	)	$	4,323.0

Condensed Balance Sheet Information

December 31, 2010

	Parent		Guarantor Subsidiaries			Non- Guarantor Subsidiaries		Eliminations			Total
Assets
Current assets:
Cash	$	29.0	$	8.0		$	421.7	$	—		$	458.7
Receivables, net of allowances	—		249.7			817.3		—			1,067.0
Inventories, net	—		380.8			707.5		—			1,088.3
Deferred income taxes	—		26.5			12.7		—			39.2
Prepaid expenses and other	1.8		38.3			81.2		—			121.3
Total current assets	30.8		703.3			2,040.4		—			2,774.5
Property, plant and equipment, net	0.4		194.8			839.0		—			1,034.2
Deferred income taxes	—		1.1			8.0		—			9.1
Intercompany accounts	1,169.7		368.0			22.4		(1,560.1		)	—
Investment in subsidiaries	1,165.6		1,326.5			—		(2,492.1		)	—
Goodwill	—		0.8			177.7		—			178.5
Intangible assets, net	—		3.7			195.9		—			199.6
Unconsolidated affiliated companies	—		11.2			6.1		—			17.3
Other non-current assets	10.0		21.6			47.7		—			79.3
Total assets	$	2,376.5	$	2,631.0		$	3,337.2	$	(4,052.2	)	$	4,292.5
Liabilities and Total Equity
Current liabilities:
Accounts payable	$	—	$	110.6		$	811.9	$	—		$	922.5
Accrued liabilities	3.9		103.8			269.0		—			376.7
Current portion of long-term debt	—		—			121.0		—			121.0
Total current liabilities	3.9		214.4			1,201.9		—			1,420.2
Long-term debt	802.9		—			61.6		—			864.5
Deferred income taxes	124.3		(16.7		)	94.8		—			202.4
Intercompany accounts	—		1,161.6			398.5		(1,560.1		)	—
Other liabilities	1.4		106.1			130.6		—			238.1
Total liabilities	932.5		1,465.4			1,887.4		(1,560.1		)	2,725.2
Total Company shareholders’ equity	1,444.0		1,165.6			1,326.5		(2,492.1		)	1,444.0
Noncontrolling interest	—		—			123.3		—			123.3
Total liabilities and equity	$	2,376.5	$	2,631.0		$	3,337.2	$	(4,052.2	)	$	4,292.5

Condensed Statements Of Cash Flows

December 31, 2010

	Parent		Guarantor Subsidiaries			Non- Guarantor Subsidiaries		Eliminations			Total
Assets
Current assets:
Cash	$	29.0	$	8.0		$	421.7	$	—		$	458.7
Receivables, net of allowances	—		249.7			817.3		—			1,067.0
Inventories, net	—		380.8			707.5		—			1,088.3
Deferred income taxes	—		26.5			12.7		—			39.2
Prepaid expenses and other	1.8		38.3			81.2		—			121.3
Total current assets	30.8		703.3			2,040.4		—			2,774.5
Property, plant and equipment, net	0.4		194.8			839.0		—			1,034.2
Deferred income taxes	—		1.1			8.0		—			9.1
Intercompany accounts	1,169.7		368.0			22.4		(1,560.1		)	—
Investment in subsidiaries	1,165.6		1,326.5			—		(2,492.1		)	—
Goodwill	—		0.8			177.7		—			178.5
Intangible assets, net	—		3.7			195.9		—			199.6
Unconsolidated affiliated companies	—		11.2			6.1		—			17.3
Other non-current assets	10.0		21.6			47.7		—			79.3
Total assets	$	2,376.5	$	2,631.0		$	3,337.2	$	(4,052.2	)	$	4,292.5
Liabilities and Total Equity
Current liabilities:
Accounts payable	$	—	$	110.6		$	811.9	$	—		$	922.5
Accrued liabilities	3.9		103.8			269.0		—			376.7
Current portion of long-term debt	—		—			121.0		—			121.0
Total current liabilities	3.9		214.4			1,201.9		—			1,420.2
Long-term debt	802.9		—			61.6		—			864.5
Deferred income taxes	124.3		(16.7		)	94.8		—			202.4
Intercompany accounts	—		1,161.6			398.5		(1,560.1		)	—
Other liabilities	1.4		106.1			130.6		—			238.1
Total liabilities	932.5		1,465.4			1,887.4		(1,560.1		)	2,725.2
Total Company shareholders’ equity	1,444.0		1,165.6			1,326.5		(2,492.1		)	1,444.0
Noncontrolling interest	—		—			123.3		—			123.3
Total liabilities and equity	$	2,376.5	$	2,631.0		$	3,337.2	$	(4,052.2	)	$	4,292.5

Condensed Statement of Cash Flows Information

Year Ended December 31, 2011

	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations		Total
Net cash flows of operating activities	$	53.3		$	44.4		$	(0.4	)	$	—	$	97.3
Cash flows of investing activities:
Capital expenditures	(0.2		)	(21.4		)	(100.2		)	—		(121.8		)
Acquisitions, net of cash acquired	—			—			—			—		—
Proceeds from properties sold	—			2.4			4.1			—		6.5
Other, net	—			(58.2		)	59.3			—		1.1
Net cash flows of investing activities	(0.2		)	(77.2		)	(36.8		)	—		(114.2		)
Cash flows of financing activities:
Dividends paid	(0.3		)	—			—			—		(0.3		)
Excess tax benefits from stock-based compensation	1.0			—			—			—		1.0
Intercompany accounts	(21.0		)	9.0			12.0			—		—
Proceeds from other debt	—			940.0			951.4			—		1,891.4
Repayments of other debt	—			(905.2		)	(930.6		)	—		(1,835.8		)
Repurchase of common shares	(62.5		)	—			—			—		(62.5		)
Proceeds from exercise of stock options	1.5			—			—			—		1.5
Dividends paid to non-controlling interest	—			—			(3.8		)	—		(3.8		)
Net cash flows of financing activities	(81.3		)	43.8			29.0			—		(8.5		)
Effect of exchange rate changes on cash and cash equivalents	(0.7		)	(6.6		)	8.1			—		0.8
Increase (decrease) in cash and cash equivalents	(28.9		)	4.4			(0.1		)	—		(24.6		)
Cash and cash equivalents — beginning of period	29.0			8.0			421.7			—		458.7
Cash and cash equivalents — end of period	$	0.1		$	12.4		$	421.6		$	—	$	434.1

Condensed Statement of Cash Flows Information

Year Ended December 31, 2010

	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations		Total
Net cash flows of operating activities	$	44.3		$	27.2		$	27.4		$	—	$	98.9
Cash flows of investing activities:
Capital expenditures	—			(20.1		)	(96.3		)	—		(116.4		)
Acquisitions, net of cash acquired	—			(3.9		)	(26.7		)	—		(30.6		)
Proceeds from properties sold	—			1.2			7.9			—		9.1
Other, net	—			2.8			1.3			—		4.1
Net cash flows of investing activities	—			(20.0		)	(113.8		)	—		(133.8		)
Cash flows of financing activities:
Dividends paid	(0.3		)	—			—			—		(0.3		)
Excess tax benefits from stock-based compensation	(0.1		)	—			—			—		(0.1		)
Intercompany accounts	(38.0		)	(7.2		)	45.2			—		—
Proceeds from other debt	—			145.4			606.8			—		752.2
Repayments of other debt	—			(145.5		)	(565.1		)	—		(710.6		)
Proceeds from exercise of stock options	0.4			—			—			—		0.4
Dividends paid to non-controlling interest	—			—			(4.3		)	—		(4.3		)
Net cash flows of financing activities	(38.0		)	(7.3		)	82.6			—		37.3
Effect of exchange rate changes on cash and cash equivalents	—			(2.1		)	(41.0		)	—		(43.1		)
Increase (decrease) in cash and cash equivalents	6.3			(2.2		)	(44.8		)	—		(40.7		)
Cash and cash equivalents — beginning of period	22.7			10.2			466.5			—		499.4
Cash and cash equivalents — end of period	$	29.0		$	8.0		$	421.7		$	—	$	458.7

Condensed Statement of Cash Flows Information

Year Ended December 31, 2009

	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations		Total
Net cash flows of operating activities	$	49.2		$	21.9		$	475.2		$	—	$	546.3
Cash flows of investing activities:
Capital expenditures	—			(28.7		)	(114.9		)	—		(143.6		)
Acquisitions, net of cash acquired	—			(13.7		)	—			—		(13.7		)
Proceeds from properties sold	—			0.2			0.8			—		1.0
Other, net	—			(3.8		)	—			—		(3.8		)
Net cash flows of investing activities	—			(46.0		)	(114.1		)	—		(160.1		)
Cash flows of financing activities:
Dividends paid	(0.3		)	—			—			—		(0.3		)
Excess tax benefits from stock-based compensation	0.7			—			—			—		0.7
Intercompany accounts	(15.1		)	7.7			7.4			—		—
Proceeds from other debt	—			316.5			916.5			—		1,233.0
Repayments of other debt	—			(318.8		)	(1,074.2		)	—		(1,393.0		)
Payment of deferred financing fees	(14.5		)	—			—			—		(14.5		)
Proceeds from exercise of stock options	0.4			—			—			—		0.4
Net cash flows of financing activities	(28.8		)	5.4			(150.3		)	—		(173.7		)
Effect of exchange rate changes on cash and cash equivalents	—			0.8			3.5			—		4.3
Increase (decrease) in cash and cash equivalents	20.4			(17.9		)	214.3			—		216.8
Cash and cash equivalents — beginning of period	2.3			28.1			252.2			—		282.6
Cash and cash equivalents — end of period	$	22.7		$	10.2		$	466.5		$	—	$	499.4

Notes to Parent Company Conde

Intercompany Cash And Non-Cash Transactions

A summary of cash and non-cash transactions of the Parent Company’s intercompany account is provided below:

	Year ended
(in millions)	Dec 31, 2011			Dec 31, 2010		Dec 31, 2009
Beginning Balance	$	1,169.7		$	1,091.5	$	1,037.3
Non-cash transactions
Convertible notes and other debt	—			—		8.9
Deferred tax	8.0			30.5		—
Equity based awards	12.7			9.0		10.9
Foreign currency and other	(1.0		)	0.7		19.3
Cash transactions	21.0			38.0		15.1
Ending Balance	$	1,210.4		$	1,169.7	$	1,091.5

Parent Company Long-Term Financing Arrangements

At December 31, 2011 and 2010, the Parent Company was party to various long-term financing arrangements, as summarized below (in millions):

(in millions)	Dec 31, 2011			Dec 31, 2010
Subordinated Convertible Notes due 2029	$	429.5		$	429.5
Debt discount on Subordinated Convertible Notes due 2029	(264.4		)	(265.6		)
1.00% Senior Convertible Notes due 2012	10.6			10.6
Debt discount on 1.00% Senior Convertible Notes due 2012	(0.5		)	(1.1		)
0.875% Convertible Notes due 2013	355.0			355.0
Debt discount on 0.875% Convertible Notes due 2013	(40.6		)	(59.5		)
7.125% Senior Notes due 2017	200.0			200.0
Senior Floating Rate Notes	125.0			125.0
Other	9.0			9.0
Total Parent Company debt	823.6			802.9
Less current maturities	10.1			—
Parent Company Long-term debt	$	813.5		$	802.9

Parent Company Debt Maturities

(in millions)	2012		2013		2014		2015		2016
Debt maturities	$	10.1	$	314.4	$	—	$	125.0	$	—