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Condensed Consolidated Statements of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 30, 2012
Apr. 01, 2011
Income Statement [Abstract]    
Net sales $ 1,449.5 [1] $ 1,437.7 [1]
Cost of sales 1,300.4 [1] 1,278.9 [1]
Gross profit 149.1 [1] 158.8 [1]
Selling, general and administrative expenses 94.8 [1] 94.5 [1]
Operating income 54.3 [1] 64.3 [1]
Other income (expense) 6.8 [1] 7.0 [1]
Interest income (expense):    
Interest expense (24.7) [1] (24.0) [1]
Interest income 1.7 [1] 2.0 [1]
Interest income (expense), total (23.0) [1] (22.0) [1]
Income before income taxes 38.1 [1] 49.3 [1]
Income tax (provision) benefit (11.8) [1] (18.3) [1]
Equity in net earnings of affiliated companies 0 [1] 0.4 [1]
Net income including non-controlling interest 26.3 [1] 31.4 [1]
Less: preferred stock dividends 0.1 [1] 0.1 [1]
Less: net income attributable to non-controlling interest 1.3 [1],[2] (0.2) [1],[2]
Net income attributable to Company common shareholders 24.9 [1],[3] 31.5 [1],[3]
Earnings per share    
Earnings per common share-basic $ 0.50 [1],[4] $ 0.60 [1],[4]
Weighted average common shares-basic 49.7 [1],[5] 52.1 [1],[5]
Earnings per common share-assuming dilution $ 0.49 [1] $ 0.58 [1]
Weighted average common shares-assuming dilution 51.1 [1],[5] 54.5 [1],[5]
Comprehensive income (loss):    
Net income (loss) 26.3 [1] 31.4 [1]
Currency translation gain (loss) 41.7 [1] 41.2 [1]
Defined benefit plan adjustments, net of tax of an immaterial tax amount in the three months ended March 30, 2012 and April 1, 2011 0 [1] 0 [1]
Change in fair value of derivatives, net of tax of $3.4 million in the three months ended March 30, 2012 and $1.0 million in the three months ended April 1, 2011 6.0 [1] (14.5) [1]
Comprehensive income (loss), net of tax 74.0 [1] 58.1 [1]
Comprehensive income (loss) attributable to non-controlling interest, net of tax 4.4 [1] (0.8) [1]
Comprehensive income (loss) attributable to Company common shareholders interest, net of tax $ 69.6 [1] $ 58.9 [1]
[1] See Note 22 - Restatement of Condensed Consolidated Financial Statements
[2] Net income before preferred stock dividend payments.
[3] Numerator
[4] 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).
[5] Denominator