Condensed Consolidated Guarantor Financial Information (Tables)

12 Months Ended

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2009

Condensed Consolidated Guarantor Financial Information [Abstract]

Schedule Of Condensed Consolidating Statements Of Income

	Year Ended December 31, 2011
	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Condensed Consolidated
	(Dollars in thousands)
Net revenues	$	—		$	959,383		$	804,867		$	(235,339	)	$	1,528,911
Cost of goods sold		—			579,768			466,869			(236,567	)		810,070
Gross profit		—			379,615			337,998			1,228			718,841
Selling, general and administrative expenses		39,516			238,330			151,184			232			429,262
Research and development expenses		—			41,668			7,064			—			48,732
Restructuring and other impairment charges		11			5,702			1,379			—			7,092
Net loss on sales of businesses and assets		—			—			582			—			582
Income (loss) from continuing operations before interest, loss on extinguishments of debt and taxes		(39,527	)		93,915			177,789			996			233,173
Interest expense		139,803			(70,248	)		762			—			70,317
Interest income		(384	)		(67	)		(809	)		—			(1,260	)
Loss on extinguishments of debt		15,413			—			—			—			15,413
Income (loss) from continuing operations before taxes		(194,359	)		164,230			177,836			996			148,703
Taxes (benefit) on income from continuing operations		(73,608	)		53,653			47,280			(325	)		27,000
Equity in net income of consolidated subsidiaries		474,556			397,131			—			(871,687	)		—
Income from continuing operations		353,805			507,708			130,556			(870,336	)		121,703
Operating (loss) income from discontinued operations		(55,872	)		37,525			307,427			—			289,080
Taxes on income from discontinued operations		(25,396	)		87,596			23,616			—			85,816
Income (loss) from discontinued operations		(30,476	)		(50,071	)		283,811			—			203,264
Net income		323,329			457,637			414,367			(870,366	)		324,967
Less: Income from continuing operations attributable to noncontrolling interest		—			—			1,021			—			1,021
Income from discontinued operations attributable to noncontrolling interest		—			—			617			—			617
Net income attributable to common shareholders	$	323,329		$	457,637		$	412,729		$	(870,366	)	$	323,329

	Year Ended December 31, 2010
	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Condensed Consolidated
	(Dollars in thousands)
Net revenues	$	—		$	926,940		$	758,808		$	(252,466	)	$	1,433,282
Cost of goods sold		—			529,410			461,018			(245,617	)		744,811
Gross profit		—			397,530			297,790			(6,849	)		688,471
Selling, general and administrative expenses		42,225			240,338			127,191			170			409,924
Research and development expenses		—			37,333			5,288			—			42,621
Restructuring and other impairment charges		458			2,098			319			—			2,875
Net (gain) loss on sales of businesses and assets charges		(420	)		262			(183	)		—			(341	)
Income (loss) from continuing operations before interest, loss on extinguishments of debt and taxes		(42,263	)		117,499			165,175			(7,019	)		233,392
Interest expense		136,968			(78,548	)		21,369			—			79,789
Interest income		(3	)		(141	)		(575	)		—			(719	)
Loss on extinguishments of debt		46,630			—			—			—			46,630
Income (loss) from continuing operations before taxes		(225,858	)		196,188			144,381			(7,019	)		107,692
Taxes (benefit) on income from continuing operations		(84,729	)		50,241			54,741			(2,251	)		18,002
Equity in net income of consolidated subsidiaries		326,809			135,392			—			(462,201	)		—
Income from continuing operations		185,680			281,339			89,640			(466,969	)		89,690
Operating income (loss) from discontinued operations		13,999			13,007			138,721			—			165,727
Taxes (benefit) on income from discontinued operations		(1,415	)		6,800			47,577			—			52,962
Income (loss) from discontinued operations		15,415			6,207			91,144			—			112,765
Net income		201,094			287,546			180,784			(466,969	)		202,455
Less: Income from continuing operations attributable to noncontrolling interests		—			—			861			—			861
Income from discontinued operations attributable to noncontrolling interest		—			—			500			—			500
Net income attributable to common shareholders	$	201,094		$	287,546		$	179,423		$	(466,969	)	$	201,094

	Year Ended December 31, 2009
	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Condensed Consolidated
	(Dollars in thousands)
Net revenues	$	—		$	909,765		$	739,384		$	(214,264	)	$	1,434,885
Cost of goods sold		—			537,262			426,174			(214,092	)		749,344
Gross profit		—			372,503			313,210			(172	)		685,541
Selling, general and administrative expenses		38,657			217,859			131,692			73			388,281
Research and development expenses		—			32,947			3,738			—			36,685
Restructuring and other impairment charges		975			1,596			7,776			—			10,347
Income (loss) from continuing operations before interest, loss on extinguishments of debt and taxes		(39,632	)		120,101			170,004			(245	)		250,228
Interest expense		135,588			(65,364	)		18,919			—			89,143
Interest income		(82	)		(1,454	)		(944	)		—			(2,480	)
Income (loss) from continuing operations before taxes		(175,138	)		186,919			152,029			(245	)		163,565
Taxes (benefit) on income from continuing operations		(76,480	)		67,970			45,551			(65	)		36,976
Equity in net income of consolidated subsidiaries		412,171			395,039			—			(807,210	)		—
Income from continuing operations		313,513			513,988			106,478			(807,390	)		126,589
Operating income (loss) from discontinued operations		(19,523	)		(17,669	)		325,259			436			288,503
Taxes (benefit) on income from discontinued operations		(9,004	)		99,168			10,752			165			101,081
Income (loss) from discontinued operations		(10,519	)		(116,837	)		314,507			271			187,422
Net income		302,994			397,151			420,985			(807,119	)		314,011
Less: Income from continuing operations attributable to noncontrolling interests		—			—			632			—			632
Income from discontinued operations attributable to noncontrolling interest		—			—			10,385			—			10,385
Net income attributable to common shareholders	$	302,994		$	397,151		$	409,968		$	(807,119	)	$	302,994

Schedule Of Condensed Consolidating Balance Sheets

	December 31, 2011
	Parent Company		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Condensed Consolidated
	(Dollars in thousands)
ASSETS
Current assets
Cash and cash equivalents	$	114,531	$	—	$	469,557	$	—		$	584,088
Accounts receivable, net		269		304,813		464,834		(483,690	)		286,226
Inventories, net		—		201,147		107,188		(9,560	)		298,775
Prepaid expenses and other current assets		7,203		3,675		22,527		—			33,405
Prepaid taxes		24,006		—		4,869		(29	)		28,846
Deferred tax assets		8,659		26,886		5,883		(414	)		41,014
Assets held for sale		—		2,738		5,164		—			7,902
Total current assets		154,668		539,259		1,080,022		(493,693	)		1,280,256
Property, plant and equipment, net		8,208		149,300		94,404		—			251,912
Goodwill		—		1,001,353		437,189		—			1,438,542
Intangibles assets, net		—		711,962		167,825		—			879,787
Investments in affiliates		5,245,520		922,208		20,327		(6,186,047	)		2,008
Deferred tax assets		65,400		—		2,387		(67,509	)		278
Other assets		42,183		2,534,124		164,662		(2,669,649	)		71,320
Total assets	$	5,515,979	$	5,858,206	$	1,966,816	$	(9,416,898	)	$	3,924,103
LIABILITIES AND EQUITY
Current liabilities
Current borrowings	$	—	$	—	$	4,986	$	—		$	4,986
Accounts payable		101,907		387,612		64,694		(487,121	)		67,092
Accrued expenses		23,208		25,407		52,201		—			100,816
Payroll and benefit-related liabilities		24,031		13,867		26,488		—			64,386
Derivative liabilities		633		—		—		—			633
Accrued interest		10,948		—		12		—			10,960
Income taxes payable		—		—		21,113		(29	)		21,084
Deferred tax liabilities		—		—		1,465		(415	)		1,050
Total current liabilities		160,727		426,886		170,959		(487,565	)		271,007
Long-term borrowings		954,809		—		—		—			954,809
Deferred tax liabilities		—		433,078		55,264		(67,509	)		420,833
Pension and other postretirement benefit liabilities		145,533		34,034		15,417		—			194,984
Noncurrent liability for uncertain tax positions		12,678		18,437		30,573		—			61,688
Other liabilities		2,261,644		5,749		442,464		(2,671,858	)		37,999
Total liabilities		3,535,391		918,184		714,677		(3,226,932	)		1,941,320
Total common shareholders' equity		1,980,588		4,940,022		1,249,944		(6,189,966	)		1,980,588
Noncontrolling interest		—		—		2,195		—			2,195
Total equity		1,980,588		4,940,022		1,252,139		(6,189,966	)		1,982,783
Total liabilities and equity	$	5,515,979	$	5,858,206	$	1,966,816	$	(9,416,898	)	$	3,924,103

	December 31, 2010
	Parent Company		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Condensed Consolidated
	(Dollars in thousands)
ASSETS
Current assets
Cash and cash equivalents	$	22,632	$	—	$	185,820	$	—		$	208,452
Accounts receivable, net		16,163		643,931		484,333		(850,231	)		294,196
Inventories, net		4,007		184,620		160,646		(10,675	)		338,598
Prepaid expenses and other current assets		7,607		3,105		15,436		2,683			28,831
Prepaid taxes		6,982		—		3,591		(6,685	)		3,888
Deferred tax assets		3,953		24,610		10,746		—			39,309
Assets held for sale		—		2,745		5,214		—			7,959
Total current assets		61,344		859,011		865,786		(864,908	)		921,233
Property, plant and equipment, net		9,511		150,139		128,055		—			287,705
Goodwill		—		988,528		453,883		—			1,442,411
Intangibles assets, net		—		720,985		197,537		—			918,522
Investments in affiliates		4,873,508		566,489		22,561		(5,457,659	)		4,899
Deferred tax assets		41,200		—		2,620		(43,462	)		358
Other assets		38,962		2,128,048		429,623		(2,528,606	)		68,027
Total assets	$	5,024,525	$	5,413,200	$	2,100,065	$	(8,894,635	)	$	3,643,155
LIABILITIES AND EQUITY
Current liabilities
Current borrowings	$	72,500	$	—	$	31,211	$	—		$	103,711
Accounts payable		1,664		614,494		322,582		(853,894	)		84,846
Accrued expenses		20,634		22,477		74,377		—			117,488
Payroll and benefit-related liabilities		23,752		11,657		36,009		—			71,418
Derivative liabilities		15,634		—		—		—			15,634
Accrued interest		18,247		—		100		—			18,347
Income taxes payable		320		—		11,312		(6,746	)		4,886
Deferred tax liabilities		—		—		4,433		—			4,433
Liabilities held for sale		—		—		—		—			—
Total current liabilities		152,751		648,628		480,024		(860,640	)		420,763
Long-term borrowings		813,409		—		—		—			813,409
Deferred tax liabilities		—		359,164		55,115		(43,460	)		370,819
Pension and other postretirement benefit liabilities		90,391		31,472		19,906		—			141,769
Noncurrent liability for uncertain tax positions		9,771		19,877		32,954		—			62,602
Other liabilities		2,174,827		25		399,412		(2,527,749	)		46,515
Total liabilities		3,241,149		1,059,166		987,411		(3,431,849	)		1,855,877
Total common shareholders' equity		1,783,376		4,354,034		1,108,752		(5,462,786	)		1,783,376
Noncontrolling interest		—		—		3,902		—			3,902
Total equity		1,783,376		4,354,034		1,112,654		(5,462,786	)		1,787,278
Total liabilities and equity	$	5,024,525	$	5,413,200	$	2,100,065	$	(8,894,635	)	$	3,643,155

Schedule Of Condensed Consolidating Statements Of Cash Flows

	Year Ended December 31, 2011
	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Condensed Consolidated
	(Dollars in thousands)
Net cash (used in) provided by operating activities from continuing operations	$	(110,088	)	$	156,867		$	56,351		$	103,130
Cash Flows from Investing Activities of Continuing Operations:
Expenditures for property, plant and equipment		(3,167	)		(26,345	)		(15,575	)		(45,087	)
Proceeds from sales of businesses and assets, net of cash sold		—			58,986			317,039			376,025
Payments for businesses and intangibles acquired, net of cash acquired		—			(30,570	)		—			(30,570	)
Investments in affiliates		(150	)		—			—			(150	)
Net cash (used in) provided by investing activities from continuing operations		(3,317	)		2,071			301,464			300,218
Cash Flows from Financing Activities of Continuing Operations:
Proceeds from long-term borrowings		515,000			—			—			515,000
Repayment of long-term borrowings		(455,800	)		—			—			(455,800	)
(Decrease) increase in notes payable and current borrowings		(25,000	)		—			286			(24,714	)
Proceeds from stock compensation plans		34,009			—			—			34,009
Dividends		(55,136	)		—			—			(55,136	)
Debt and equity issuance and amendment costs		(18,518	)		—			—			(18,518	)
Intercompany transactions		223,065			(158,938	)		(64,127	)		—
Net cash provided by (used in) financing activities from continuing operations		217,620			(158,938	)		(63,841	)		(5,159	)
Cash Flows from Discontinued Operations:
Net cash (used in) provided by operating activities		(12,313	)		—			3,661			(8,652	)
Net cash used in investing activities		(3	)		—			(2,367	)		(2,370	)
Net cash (used in) provided by discontinued operations		(12,316	)		—			1,294			(11,022	)
Effect of exchange rate changes on cash and cash equivalents		—			—			(11,531	)		(11,531	)
Net increase in cash and cash equivalents		91,899			—			283,737			375,636
Cash and cash equivalents at the beginning of the period		22,632			—			185,820			208,452
Cash and cash equivalents at the end of the period	$	114,531		$	—		$	469,557		$	584,088

	Year Ended December 31, 2010
	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Condensed Consolidated
	(Dollars in thousands)
Net cash (used in) provided by operating activities from continuing operations	$	(110,808	)	$	170,229		$	92,214		$	151,635
Cash Flows from Investing Activities of Continuing Operations:
Expenditures for property, plant and equipment		(1,422	)		(20,619	)		(8,000	)		(30,041	)
Proceeds from sales of businesses and assets, net of cash sold		53,466			33,091			94,993			181,550
Payments for businesses and intangibles acquired, net of cash acquired		—			(82	)		—			(82	)
Net cash provided by investing activities from continuing operations		52,044			12,390			86,993			151,427
Cash Flows from Financing Activities of Continuing Operations:
Proceeds from long-term borrowings		490,000			—			—			490,000
Repayment of long-term borrowings		(716,570	)		—			—			(716,570	)
Increase in notes payable and current borrowings		29,700			—			—			29,700
Proceeds from stock compensation plans		10,657			—			—			10,657
Payments to noncontrolling interest shareholders		—			—			(1,148	)		(1,148	)
Dividends		(54,312	)		—			—			(54,312	)
Debt and equity issuance and amendment fees		(65,226	)		—			—			(65,226	)
Purchase of call options		(88,000	)		—			—			(88,000	)
Proceeds from sale of warrants		59,400			—			—			59,400
Intercompany transactions		381,539			(182,619	)		(198,920	)		—
Net cash provided by (used in) financing activities from continuing operations		47,188			(182,619	)		(200,068	)		(335,499	)
Cash Flows from Discontinued Operations:
Net cash provided by operating activities		2,223			—			59,244			61,467
Net cash provided by (used in) investing activities		208			—			(3,833	)		(3,625	)
Net cash used in financing activities		—			—			(1,128	)		(1,128	)
Net cash provided by discontinued operations		2,431			—			54,283			56,714
Effect of exchange rate changes on cash and cash equivalents		—			—			(4,130	)		(4,130	)
Net (decrease) increase in cash and cash equivalents		(9,145	)		—			29,292			20,147
Cash and cash equivalents at the beginning of the period		31,777			—			156,528			188,305
Cash and cash equivalents at the end of the period	$	22,632		$	—		$	185,820		$	208,452

	Year Ended December 31, 2009
	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Condensed Consolidated
	(Dollars in thousands)
Net cash (used in) provided by operating activities from continuing operations	$	(206,206	)	$	248,395		$	77,912		$	120,101
Cash Flows from Investing Activities of Continuing Operations:
Expenditures for property, plant and equipment		(1,280	)		(17,877	)		(7,185	)		(26,342	)
Proceeds from sales of businesses and assets, net of cash sold		—			2,864			311,349			314,213
Payments for businesses and intangibles acquired, net of cash acquired		—			—			(537	)		(537	)
Net cash (used in) provided by investing activities from continuing operations		(1,280	)		(15,013	)		303,627			287,334
Cash Flows from Financing Activities of Continuing Operations:
Proceeds from long-term borrowings		10,000			—			18			10,018
Repayment of long-term borrowings		(357,590	)		—			(18	)		(357,608	)
Decrease in notes payable and current borrowings		—			—			(1,452	)		(1,452	)
Proceeds from stock compensation plans		1,553			—			—			1,553
Payments to noncontrolling interest shareholders		—			—			(407	)		(407	)
Dividends		(54,022	)		—			—			(54,022	)
Intercompany transactions		627,006			(233,382	)		(393,624	)		—
Net cash provided by (used in) financing activities from continuing operations		226,947			(233,382	)		(395,483	)		(401,918	)
Cash Flows from Discontinued Operations:
Net cash (used in) provided by operating activities		(4,427	)		—			88,497			84,070
Net cash used in investing activities		(140	)		—			(5,993	)		(6,133	)
Net cash used in financing activities		—			—			(11,370	)		(11,370	)
Net cash (used in) provided by discontinued operations		(4,567	)		—			71,134			66,567
Effect of exchange rate changes on cash and cash equivalents		(889	)		—			9,835			8,946
Net increase in cash and cash equivalents		14,005			—			67,025			81,030
Cash and cash equivalents at the beginning of the period		17,772			—			89,503			107,275
Cash and cash equivalents at the end of the period	$	31,777		$	—		$	156,528		$	188,305