Acquisitions and Divestitures (Tables)

9 Months Ended

Sep. 28, 2012

Business Combinations [Abstract]

Schedule of Purchase Price Allocation

The following table represents a preliminary purchase price allocation based on the estimated fair values, or other measurements as applicable, of the assets acquired and the liabilities assumed, in millions:

	September 4, 2012
Cash	$	—
Accounts receivable (1)	74.7
Inventories	70.7
Property, plant and equipment	72.7
Intangible assets	5.9
Goodwill	3.5
Other current and noncurrent assets	2.2
Total assets	$	229.7
Current liabilities	$	57.1
Other liabilities	1.3
Total liabilities	$	58.4

(1) Accounts receivable represents gross contractual value. As of the acquisition date, the fair value of accounts receivable approximated carrying value.

Business Acquisition, Pro Forma Information

The following table presents selected financial information, in millions, except per share data, from the actual condensed consolidated results of operations for the Company for the three and nine months ended September 28, 2012, including the operations of Alcan Cable North America, and September 30, 2011, respectively, and presents selected financial information from unaudited pro forma condensed consolidated results of operations for the Company for the three and nine months ended September 28, 2012 and September 30, 2011, respectively, as though the acquisition of Alcan Cable North America had been completed as of the beginning of that period. This pro forma information is intended to provide information regarding how the Company might have looked if the acquisition had occurred as of January 1, 2011. The pro forma adjustments represent management's best estimates based on information available at the time the pro forma information was prepared and may differ from the adjustments that may actually have been required. Accordingly, the pro forma financial information should not be relied upon as being indicative of the historical results that would have been realized had the acquisition occurred as of the dates indicated or that may be achieved in the future.

	Three Fiscal Months Ended
	September 28, 2012			September 28, 2012			September 30, 2011			September 30, 2011
	(as reported)			(pro forma)			(as restated)			(pro forma)
Net sales	$	1,500.6		$	1,605.5		$	1,517.8		$	1,694.2
Net income (loss) attributable to Company common shareholders	$	(20.6	)	$	(11.8	)	$	(2.1	)	$	(5.9	)
Earnings (loss) per common share - assuming dilution	$	(0.41	)	$	(0.23	)	$	(0.04	)	$	(0.11	)

	Nine Fiscal Months Ended
	September 28, 2012		September 28, 2012		September 30, 2011		September 30, 2011
	(as reported)		(pro forma)		(as restated)		(pro forma)
Net sales	$	4,411.2	$	4,824.8	$	4,497.6	$	4,946.6
Net income (loss) attributable to Company common shareholders	$	20.9	$	40.9	$	65.1	$	65.3
Earnings (loss) per common share - assuming dilution	$	0.41	$	0.80	$	1.21	$	1.21