Long-Term Debt (Tables)

6 Months Ended

Jul. 01, 2011


(in millions)	July 1, 2011			December 31, 2010
North America
Subordinated Convertible Notes due 2029	$	429.5		$	429.5
Debt discount on Subordinated Convertible Notes due 2029		(265.0	)		(265.6	)
1.00% Senior Convertible Notes due 2012		10.6			10.6
Debt discount on 1.00% Senior Convertible Notes due 2012		(0.8	)		(1.1	)
0.875% Convertible Notes due 2013		355.0			355.0
Debt discount on 0.875% Convertible Notes due 2013		(50.2	)		(59.5	)
7.125% Senior Notes due 2017		200.0			200.0
Senior Floating Rate Notes		125.0			125.0
Amended Credit Facility		42.1			-
Other		9.0			9.0
Europe and Mediterranean
Spanish Term Loan		44.8			50.1
Credit facilities		29.1			38.1
Uncommitted accounts receivable facilities		4.2			-
Other		14.4			15.3
Rest of World ("ROW")
Credit facilities		171.4			79.1

Total debt		1,119.1			985.5
Less current maturities		211.7			121.0

Long-term debt	$	907.4		$	864.5

Schedule of Convertible Debt Instruments Outstanding


	Subordinated Convertible Notes						1.00% Senior Convertible Notes						0.875% Convertible Notes
	July 1,			December 31,			July 1,			December 31,			July 1,			December 31,
(in millions)	2011			2010			2011			2010			2011			2010
Face value	$	429.5		$	429.5		$	10.6		$	10.6		$	355.0		$	355.0
Debt discount		(265.0	)		(265.6	)		(0.8	)		(1.1	)		(50.2	)		(59.5	)
Book value		164.5			163.9			9.8			9.5			304.8			295.5
Fair value		599.4			521.0			10.0			9.7			382.5			350.6
Maturity date		November 2029						October 2012						November 2013
Stated annual interest rate		4.50% until Nov 2019 2.25% until Nov 2029						1.00% until Oct 2012						0.875% until Nov 2013
Interest payments		Semi-annually: May 15 & November 15						Semi-annually: April 15 & October 15						Semi-annually: May 15 & November 15

Schedule of 7.125% Senior Notes and Senior Floating Rate Notes


	7.125% Senior Notes				Senior Floating Rate Notes
(in millions)	July 1, 2011		December 31, 2010		July 1, 2011		December 31, 2010
Face value	$	200.0	$	200.0	$	125.0	$	125.0
Fair value		205.0		197.5		123.4		114.4
Interest rate		7.125%		7.125%		2.6%		2.7%
Interest payment		Semi-annually: Apr 1 & Oct 1				3-month LIBOR rate plus 2.375% Quarterly: Jan 1, Apr 1, Jul 1 & Oct 1
Maturity date		April 2017				July 2015

Schedule of Call Option Jointly and Severally Guaranteed by the Company's Wholly-Owned U.S. and Canadian Subsidiaries


Guarantee	Jointly and severally guaranteed by the Company's wholly-owned U.S. and Canadian subsidiaries
Call Option⁽¹⁾	Beginning Date			Percentage	Beginning Date			Percentage
		April 1, 2012	-	103.563%		April 1, 2009	-	102.0%
		April 1, 2013	-	102.375%		April 1, 2010	-	101.0%
		April 1, 2014	-	101.188%		April 1, 2011	-	100.0%
		April 1, 2015	-	100.000%

(1)	The Company may, at its option, redeem the Notes on or after the following dates and percentages (plus interest due)

Schedule of Amended Credit Facility


	Amended credit facility
(in millions)	July 1, 2011		December 31, 2010
Outstanding borrowings	$	42.1	$	-
Undrawn availability		339.5		371.5
Interest rate		1.5%		-
Outstanding letters of credit		18.4		18.5
Original issuance		November 2003
Maturity date		July 2012

Schedule of Spanish Term Loans


	Spanish Term Loans⁽¹⁾
(in millions)	July 1, 2011		December 31, 2010
Outstanding borrowings	$	46.8	$	50.1
Interest rate – weighted average⁽²⁾		3.7%		3.7%

(1)	The terms of the Spanish Term Loans are as follows:

(in millions)

Original
Amount

Issuance Date

Maturity Date

Interest rate

Loan and Interest payable

Interest rate
Swap⁽²⁾

Term Loan 1

20.0 Euros

February 2008

February 2013

Euribor +0.5%

Semi-annual: Aug & Feb

4.2%

Term Loan 2

10.0 Euros

April 2008

April 2013

Euribor +0.75%

Semi-annual: Apr & Oct

4.58%

Term Loan 3

21.0 Euros

June 2008

June 2013

Euribor +0.75%

Quarterly: Mar, Jun, Sept & Dec

4.48%

Term Loan 4

15.0 Euros

September 2009

August 2014

Euribor +2.0%

Quarterly: Mar, Jun, Sept & Dec

Principal payments: Feb & Aug

1.54%

(2)	The Company entered into fixed interest rate swaps to coincide with the terms and conditions of the term loans that will effectively hedge the variable interest rate with a fixed interest rate.

Europe and Mediterranean Credit Facilities [Member]

Schedule of Credit Facilities


	Europe and Mediterranean credit facilities
(in millions)	July 1, 2011		December 31, 2010
Outstanding borrowings	$	29.1	$	38.1
Undrawn availability		114.5		125.4
Interest rate – weighted average		5.0%		3.1%
Maturity date		Various

Europe and Mediterranean Uncommitted Accounts Receivable Facilities [Member]

Schedule of Credit Facilities


	Uncommitted accounts receivable facilities
(in millions)	July 1, 2011			December 31, 2010
Outstanding borrowings	$	4.2		$	—
Undrawn availability		82.6			113.7
Interest rate – weighted average		2.1	%		—
Maturity date		Various

Rest of World ("ROW") Credit Facilities [Member]

Schedule of Credit Facilities


	ROW credit facilities
(in millions)	July 1, 2011		December 31, 2010
Outstanding borrowings	$	171.4	$	79.1
Undrawn availability		248.5		279.3
Interest rate – weighted average		3.3%		3.4%
Maturity date		Various