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Debt and Lease Commitments (Tables)
12 Months Ended
Dec. 31, 2012
Schedule of Debt and Lease Commitments

December 31 (dollars in millions)

   2012      2011  

Bank credit lines, average year-end interest rate of 3.8% for 2012 and 6.8% for 2011

   $ 9.4       $ 6.2   

Revolving credit agreement borrowings, average year-end interest rate of 1.3% for 2012 and 1.8% for 2011

     115.0         330.0   

Commercial paper, average year-end interest rate of 1.2% for 2012 and 1.3% for 2011

     39.3         27.7   

Term notes with insurance companies, expiring through 2018, average year-end interest rate of 6.0% for 2012 and 5.9% for 2011

     49.8         68.3   

Canadian term notes with insurance companies, expiring through 2018, average year-end interest rate of 5.3% for 2012 and 2011

     30.2         29.4   
  

 

 

    

 

 

 
     243.7         461.6   

Less long-term debt due within one year

     18.6         18.6   
  

 

 

    

 

 

 

Long-term debt

   $ 225.1       $ 443.0   
  

 

 

    

 

 

 
Schedule of Maturities of LongTerm Debt

Scheduled maturities of long-term debt within each of the five years subsequent to December 31, 2012 are as follows:

 

Years ending December 31 (dollars in millions)

   Amount  

2013

   $ 18.6   

2014

     14.6   

2015

     14.6   

2016

     14.6   

2017

     172.5   
Schedule of Future Minimum Payments Under Non Cancelable Operating Leases

Future minimum payments under non-cancelable operating leases relating mostly to office, manufacturing and warehouse facilities total $45.1 million and are due as follows:

 

Years ending December 31 (dollars in millions)

   Amount  

2013

   $ 10.4   

2014

     9.4   

2015

     7.1   

2016

     5.0   

2017

     2.9   

Thereafter

     10.3