Income Taxes (Tables)

12 Months Ended

Dec. 31, 2011

Income Taxes [Abstract]

Earnings Before Income Taxes And Equity Earnings

(Amounts in millions)	2011		2010		2009
United States	$	335.5	$	204.5	$	173.1
Foreign		77.4		72.9		32.2
Total	$	412.9	$	277.4	$	205.3

Components Of Income Tax

(Amounts in millions)	2011		2010		2009
Current:
Federal	$	88.4	$	74.8	$	30.3
Foreign		26.0		22.8		20.4
State		14.2		8.0		7.2
Total current		128.6		105.6		57.9
Deferred:
Federal		8.4		(13.8)		12.5
Foreign		(0.8)		(2.2)		(11.4)
State		(2.5)		(2.0)		3.7
Total deferred		5.1		(18.0)		4.8
Total income tax provision	$	133.7	$	87.6	$	62.7

Reconciliation Of Statutory Federal Income Tax Rate

	2011	2010	2009
Statutory federal income tax rate	35.0%	35.0%	35.0%
Increase (decrease) in tax rate resulting from:
State income taxes, net of federal benefit	2.7	2.5	3.3
Noncontrolling interests	(0.6)	(0.7)	(1.8)
Repatriation of foreign earnings	(1.9)	(1.7)	(4.0)
Change in valuation allowance for deferred tax assets	(0.1)	0.5	1.3
Adjustments to tax accruals and reserves	0.2	(1.7)	(1.7)
Foreign rate differences	(1.6)	(2.0)	(0.4)
Other	(1.3)	(0.3)	(1.2)
Effective tax rate	32.4%	31.6%	30.5%

Schedule of Deferred Tax Assets And Liabilities

(Amounts in millions)	2011		2010		2009
Current deferred income tax assets (liabilities):
Inventories	$	24.2	$	21.2	$	20.8
Accruals not currently deductible		73.4		67.5		45.8
Valuation allowance		(5.6)		(3.2)		–
Other		–		–		(0.8)
Total current (included in deferred income tax assets and other accrued liabilities)		92.0		85.5		65.8
Long-term deferred income tax assets (liabilities):
Employee benefits		133.9		109.2		113.9
Net operating losses		52.2		46.9		44.9
Depreciation and amortization		(150.4)		(126.0)		(110.3)
SOC securitizations		(1.4)		(6.8)		(28.1)
Valuation allowance		(34.8)		(36.9)		(33.7)
Equity-based compensation		14.8		9.2		4.3
Other		2.8		1.5		(0.6)
Total long term		17.1		(2.9)		(9.6)
Net deferred income tax asset	$	109.1	$	82.6	$	56.2

Operating Loss Carry Forwards

(Amounts in millions)	State		United States		Foreign		Total
Year of expiration:
2012– 2016	$	–	$	–	$	22.0	$	22.0
2017– 2021		–		–		–		–
2022– 2026		8.8		–		35.8		44.6
2027– 2031		138.1		–		2.8		140.9
Indefinite		–		–		87.9		87.9
Total net operating loss carryforwards	$	146.9	$	–	$	148.5	$	295.4

Reconciliation Of Unrecognized Tax Benefits

(Amounts in millions)	2011		2010		2009
Unrecognized tax benefits at beginning of year	$	11.1	$	17.5	$	20.6
Gross increases – tax positions in prior periods		0.5		0.6		7.0
Gross decreases – tax positions in prior periods		(0.4)		(0.4)		–
Gross increases – tax positions in the current period		2.8		3.1		1.9
Settlements with taxing authorities		(1.2)		(9.5)		(1.1)
Increase related to acquired businesses		–		0.4		–
Lapsing of statutes of limitations		(1.8)		(0.6)		(10.9)
Unrecognized tax benefits at end of year	$	11.0	$	11.1	$	17.5