Total Equity (Tables)

9 Months Ended

Sep. 28, 2012

Stockholders' Equity Note [Abstract]

Schedule of Stockholders Equity

Condensed consolidated statements of changes in total equity are presented below for the nine months ended September 28, 2012 and September 30, 2011 (in millions):

	General Cable Total Equity
	Total Equity			Preferred Stock Amount		Common Stock Amount		Add’l Paid in Capital		Treasury Stock			Retained Earnings			Accumulated Other Comprehensive Income/(Loss)			Non-Controlling Interest
Balance, December 31, 2011	$	1,461.7		$	3.8	$	0.6	$	666.7	$	(136.5	)	$	912.8		$	(99.0	)	$	113.3
Comprehensive income (loss):
Net income (loss) including non-controlling interest	26.9												21.2						5.7
Foreign currency translation adj.	3.0															1.9			1.1
Gain (loss) defined benefit plan	(2.1		)													(2.1		)
Unrealized gain (loss) on financial instruments	6.7															6.5			0.2
Comprehensive income (loss)	34.5
Preferred stock dividend	(0.3		)										(0.3		)
Excess tax benefit from stock compensation	0.1							0.1
Dividends paid to non-controlling interest	(2.3		)																(2.3		)
Other – issuance pursuant to restricted stock, stock options and other	9.1							9.3		(0.2		)
Balance, September 28, 2012	$	1,502.8		$	3.8	$	0.6	$	676.1	$	(136.7	)	$	933.7		$	(92.7	)	$	118.0

	General Cable Total Equity
	Total Equity			Preferred Stock Amount		Common Stock Amount		Add’l Paid in Capital		Treasury Stock			Retained Earnings			Accumulated Other Comprehensive Income/(Loss)			Non-Controlling Interest
Balance, December 31, 2010	$	1,567.3		$	3.8	$	0.6	$	652.8	$	(74.0	)	$	847.1		$	13.7		$	123.3
Comprehensive income (loss):
Net income including noncontrolling interest	67.0												65.4						1.6
Foreign currency translation adj.	(24.9		)													(23.0		)	(1.9		)
Gain (loss) defined benefit plan	—															0.9			(0.9		)
Unrealized gain (loss) on financial instruments	(69.7		)													(69.5		)	(0.2		)
Comprehensive income (loss)	(27.6		)
Preferred stock dividend	(0.3		)										(0.3		)
Excess tax benefit from stock compensation	1.0							1.0
Dividends paid to non-controlling interest	(3.8		)																(3.8		)
Other – issuance pursuant to restricted stock, stock options and other	8.4							9.5		0.2									(1.3		)
Balance, September 30, 2011	$	1,545.0		$	3.8	$	0.6	$	663.3	$	(73.8	)	$	912.2		$	(77.9	)	$	116.8

Components of Accumulated Other Comprehensive Income (Loss)

The components of accumulated other comprehensive income (loss) as of September 28, 2012 and December 31, 2011, respectively, consisted of the following (in millions):

	September 28, 2012						December 31, 2011
	Company Common Shareholders			Non-Controlling Interest			Company Common Shareholders			Non-Controlling Interest
Foreign currency translation adjustment	$	(14.0	)	$	(17.2	)	$	(15.9	)	$	(18.3	)
Change in fair value of pension benefit obligation, net of tax	(65.1		)	(3.2		)	(63.0		)	(3.2		)
Change in fair value of derivatives, net of tax	(21.2		)	(0.4		)	(27.7		)	(0.6		)
Company deferred stock held in rabbi trust, net of tax	7.3			—			7.3			—
Other	0.3			—			0.3			—
Accumulated other comprehensive income (loss)	$	(92.7	)	$	(20.8	)	$	(99.0	)	$	(22.1	)

Comprehensive Income

Comprehensive income consists of the following (in millions):

	Three Fiscal Months Ended
	September 28, 2012					September 30, 2011
	Company Common Shareholders			Non-Controlling Interest		Company Common Shareholders			Non-Controlling Interest
Net income (1)	$	(20.5	)	$	2.3	$	(2.0	)	$	0.3
Currency translation gain (loss)	19.9			0.9		(87.2		)	(3.2		)
Change in fair value of pension benefit obligation, net of tax	—			—		0.2			(0.2		)
Change in fair value of derivatives, net of tax	4.0			0.1		(49.5		)	(0.2		)
Comprehensive income (loss)	$	3.4		$	3.3	$	(138.5	)	$	(3.3	)

(1) Net income before preferred stock dividend payments.

	Nine Fiscal Months Ended
	September 28, 2012					September 30, 2011
	Company Common Shareholders			Non-Controlling Interest		Company Common Shareholders			Non-Controlling Interest
Net income (1)	$	21.2		$	5.7	$	65.4		$	1.6
Currency translation gain (loss)	1.9			1.1		(23.0		)	(1.9		)
Change in fair value of pension benefit obligation, net of tax	(2.1		)	—		0.9			(0.9		)
Change in fair value of derivatives, net of tax	6.5			0.2		(69.5		)	(0.2		)
Comprehensive income (loss)	$	27.5		$	7.0	$	(26.2	)	$	(1.4	)

(1) Net income before preferred stock dividend payments.