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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2011
Accounting Policies [Abstract]  
Reconciliation of Basic earnings per Share to Diluted Earnings per Share
The following represents a reconciliation of basic earnings per share to diluted earnings per share:
 
 
2011
 
2010
 
2009
 
Income
 
Shares
 
Per Share
Amount
 
Income
 
Shares
 
Per Share
Amount
 
Income
 
Shares
 
Per Share
Amount
Basic earnings per share
$
519.7

 
100.0

 
$
5.20

 
$
558.2

 
103.0

 
$
5.42

 
$
543.3

 
107.4

 
$
5.06

Stock options

 
0.9

 
 

 

 
0.6

 
 

 

 
0.5

 
 

Restricted stock awards and other

 
0.3

 
 

 

 
0.3

 
 

 

 
0.2

 
 

Effect of convertible debt, net of tax

 
0.6

 
 

 

 
1.5

 
 

 

 
1.0

 
 

Diluted earnings per share
$
519.7

 
101.8

 
$
5.11

 
$
558.2

 
105.4

 
$
5.29

 
$
543.3

 
109.1

 
$
4.98

Potential common shares not included in computation of diluted earnings per share
 
Years Ended December 31,
 
2011
 
2010
 
2009
Stock options
1.3
 
2.7
 
4.6
Property, Plant and Equipment
 
Years
Buildings and building improvements
35
Machinery and equipment
3-10
Furniture and fixtures
5-10