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RETIREMENT PLANS AND OTHER BENEFITS (Tables)
 12 Months Ended
Dec. 31, 2011
U.S. Defined Benefit Plans
  
Defined Benefit Plan Disclosure  
Schedule of Net Benefit Costs [Table Text Block]
Information regarding the Company’s U.S. plans, including the SERP, was as follows (in millions, except percent values):
 
Pension Benefits
 
Other Benefits
 
2011
 
2010
 
2011
 
2010
Accumulated benefit obligation at end of year
$
173.6

 
$
148.5

 
 

 
 

Change in benefit obligation:
 

 
 

 
 

 
 

Benefit obligation at beginning of year
$
159.9

 
$
148.8

 
$
10.3

 
$
10.1

Service cost
2.1

 
2.0

 
—

 
—

Interest cost
8.2

 
8.4

 
0.4

 
0.6

Actuarial loss (gain)
24.7

 
10.4

 
(1.4
)
 
1.3

Benefits paid
(9.8
)
 
(9.7
)
 
(1.3
)
 
(1.7
)
Benefit obligation at end of year
185.1

 
159.9

 
8.0

 
10.3

Change in plan assets:
 

 
 

 
 

 
 

Fair value of plan assets at beginning of year
99.3

 
94.3

 
—

 
—

Actual return on plan assets
7.1

 
11.5

 
—

 
—

Employer contribution
14.8

 
3.2

 
1.3

 
1.7

Benefits paid
(9.8
)
 
(9.7
)
 
(1.3
)
 
(1.7
)
Fair value of plan assets at end of year
111.4

 
99.3

 
—

 
—

Funded status
$
(73.7
)
 
$
(60.6
)
 
$
(8.0
)
 
$
(10.3
)
Amounts recognized in the statement of financial position consist of:
 

 
 

 
 

 
 

Current liabilities
$
0.1

 
$
0.1

 
$
1.2

 
$
1.1

Non-current liabilities
73.6

 
60.5

 
6.8

 
9.2

Total liabilities
$
73.7

 
$
60.6

 
$
8.0

 
$
10.3

Amounts recognized in accumulated other comprehensive income consist of:
 

 
 

 
 

 
 

Actuarial net loss
$
91.7

 
$
69.1

 
$
2.5

 
$
3.9

Prior service cost
1.0

 
1.2

 
(0.1
)
 
(0.1
)
Total amounts recognized in accumulated other comprehensive income
$
92.7

 
$
70.3

 
$
2.4

 
$
3.8
Schedule of Assumptions Used [Table Text Block]
 
Pension Benefits
 
Other Benefits
 
2011
 
2010
 
2009
 
2011
 
2010
 
2009
Weighted-average assumptions as of December 31:
 

 
 

 
 

 
 

 
 

 
 

Discount rate
4.00
%
 
5.25
%
 
5.75
%
 
4.00
%
 
5.25
%
 
5.75
%
Expected return on plan assets
8.00
%
 
8.00
%
 
8.00
%
 
N/A

 
N/A

 
N/A

Rate of compensation increase
3.75
%
 
3.75
%
 
3.75
%
 
N/A

 
N/A

 
N/A
Schedule of Net Periodic Benefit Cost Not yet Recognized [Table Text Block]
 
Pension Benefits
 
Other Benefits
 
2011
 
2010
 
2009
 
2011
 
2010
 
2009
Components of net periodic cost:
 
 
 
 
 
 
 
 
 
 
 
Service cost
$
2.1

 
$
2.0

 
$
1.8

 
$
—

 
$
—

 
$
0.1

Interest cost
8.2

 
8.4

 
8.4

 
0.4

 
0.6

 
0.6

Expected return on plan assets
(8.3
)
 
(7.3
)
 
(6.4
)
 
—

 
—

 
—

Amortization of prior service cost
0.2

 
1.9

 
2.1

 
—

 
0.1

 
0.1

Amortization of actuarial loss
3.3

 
1.7

 
1.7

 
—

 
0.1

 
0.1

Net periodic cost 
$
5.5

 
$
6.7

 
$
7.6

 
$
0.4

 
$
0.8

 
$
0.9
Schedule of Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income [Table Text Block]
 
Pension Benefits
 
Other Benefits
 
2011
 
2010
 
2011
 
2010
Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income:
 

 
 

 
 

 
 

Net (gain) loss
$
25.9

 
$
6.2

 
$
(1.4
)
 
$
1.3

Amortization of actuarial losses
(3.3
)
 
(1.7
)
 
—

 
(0.1
)
Amortization of prior service cost
(0.2
)
 
(1.9
)
 
—

 
(0.1
)
Total recognized in other comprehensive income
$
22.4

 
$
2.6

 
$
(1.4
)
 
$
1.1
Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]
 
Pension
Benefits
 
Other
Benefits
Amounts expected to be recognized as components of net periodic cost for the year ending December 31, 2012:
 
 
 
Actuarial net loss
$
4.9

 
$
0.1

Prior service cost
0.1

 
—

Total amount expected to be recognized as components of net periodic cost for the year ending December 31, 2012
$
5.0

 
$
0.1
Schedule of Fair Value of Plan Assets by Measurement Levels [Table Text Block]
The fair value of the Company’s plan assets at December 31, 2011 are as follows (in millions):
 
Total
 
Level 1
 
Level 2
Cash, including money market funds
$
1.4

 
$
1.4

 
$
—

Investment funds – large-cap(1) 
13.9

 
—

 
13.9

Investment funds – mid/small-cap(2) 
6.1

 
—

 
6.1

Investment funds – international(3) 
11.0

 
—

 
11.0

Investment funds – equity index(4) 
13.9

 
—

 
13.9

Investment funds – high yield bonds(5) 
11.3

 
—

 
11.3

Investment funds – long corporate A bonds(6) 
26.8

 
—

 
26.8

Investment funds – long duration bonds(7) 
27.0

 
—

 
27.0

Total investments measured at fair value
$
111.4

 
$
1.4

 
$
110.0

 
The following information was provided to the Company by the fund manager.
 
(1)           This class invests in U.S. large capitalization stocks with approximately 88% in information technology, energy, financial, health care, consumer and industrial sectors and 12% in other industries.
(2)             This class invests in U.S. mid to small capitalization stocks with approximately 88% in financial, information technology, industrial, consumer, health care, energy and materials sectors and 12% in other industries.
(3)             This class includes non-U.S. stocks in diversified industries and countries with approximately 85% in financial, consumer, industrial, materials, energy and health care sectors and 15% in other industries.
(4)           This class invests in U.S. stocks with approximately 88% in information technology, financial, energy, health care, consumer and industrial sectors and 12% in other industries.  The fund seeks a total return, which corresponds to the S&P 500 Index.
(5)           This class primarily focuses on the high yield market of investment grade bonds of U.S. issuers from diverse industries with approximately 48% in the energy, telecommunications, consumer, utilities, and health care sectors.
(6)             This class primarily targets the longer-term, higher investment grade bond market of U.S. issuers with approximately 84% in the financial, industrial and utility sectors, approximately 12% in U.S. Treasuries and approximately 4% in other securities.
(7)           This class primarily focuses on investments with a long duration and includes approximately 49% of investment grade bonds of U.S. issuers in the financial, industrial and utility sectors, 48% in U.S. government securities and 3% in other securities.
Schedule of Allocation of Plan Assets [Table Text Block]
The table below is a composite of the individual targets and allocation at December 31, 2011 and 2010:
 
 
Percentage of Plan Assets
at December 31,
 
Target Allocation
 
2011
 
2010
 
2012
Equity Securities
40
%
 
43
%
 
37.5% - 42.5%
Fixed Income
60
%
 
57
%
 
57.5% - 62.0%
Total
100
%
 
100
%
 
 
Schedule of Expected Benefit Payments [Table Text Block]
The Company’s estimated future benefit payments under its U.S. plans are as follows (in millions):
Year Ending December 31,
Pension Benefits
 
Other Benefits
2012
$
9.9

 
$
1.2

2013
$
9.8

 
$
1.0

2014
$
9.8

 
$
0.9

2015
$
9.9

 
$
0.8

2016
$
9.8

 
$
0.7

2017-2021
$
58.6

 
$
2.3
Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates [Table Text Block]
A one-percentage-point change in assumed health care cost trend rates would have the following effects (in millions):
 
 
1-Percentage-
Point Increase
 
1-Percentage-
Point Decrease
Effect on total service and interest cost components
$
—

 
$
—

Effect on postretirement benefit obligation
$
0.4

 
$
(0.3
)
Non-U.S. Defined Benefit Pension Plans
  
Defined Benefit Plan Disclosure  
Schedule of Net Benefit Costs [Table Text Block]
Information regarding the Company’s non-U.S. plans was as follows (in millions):
 
Pension Benefits
 
2011
 
2010
Accumulated benefit obligation at end of year
$
388.6

 
$
177.9

Change in benefit obligation:
 

 
 

Benefit obligation at beginning of year
$
179.9

 
$
201.4

Service cost
4.4

 
4.9

Interest cost
12.8

 
9.0

Acquisitions
228.2

 
—

Actuarial (gain) loss
15.0

 
(11.6
)
Benefits paid
(15.3
)
 
(10.5
)
Curtailment
—

 
(3.8
)
Foreign exchange effect
(28.0
)
 
(9.5
)
Benefit obligation at end of year
397.0

 
179.9

Change in plan assets:
 

 
 

Fair value of plan assets at beginning of year
91.5

 
87.1

Acquisitions
28.2

 
—

Actual return on plan assets
7.2

 
8.2

Employer contribution
12.6

 
9.4

Employee contribution
0.2

 
0.3

Benefits paid
(15.3
)
 
(10.5
)
Foreign exchange effect
(4.7
)
 
(3.0
)
Fair value of plan assets at end of year
119.7

 
91.5

Funded status
$
(277.3
)
 
$
(88.4
)

Amounts recognized in the statement of financial position consist of:
 

 
 
Non-current assets
$
—

 
$
(0.4
)
Current liabilities
13.2

 
3.1

Non-current liabilities
264.1

 
85.7

Total liabilities
$
277.3

 
$
88.4

Amounts recognized in accumulated other comprehensive income consist of:
 

 
 

Actuarial net loss
$
27.4

 
$
14.8

Prior service cost
0.4

 
0.5

Total amounts recognized in accumulated other comprehensive income
$
27.8

 
$
15.3
Schedule of Assumptions Used [Table Text Block]
 
Pension Benefits
 
2011
 
2010
 
2009
The weighted average assumptions as of December 31:
 

 
 

 
 

Discount rate
4.55
%
 
5.50
%
 
5.37
%
Expected return on plan assets
5.59
%
 
6.00
%
 
6.00
%
Rate of compensation increase
1.75
%
 
1.04
%
 
4.22
%
Schedule of Net Periodic Benefit Cost Not yet Recognized [Table Text Block]
 
Pension Benefits
 
2011
 
2010
 
2009
Components of net periodic cost:
 
 
 
 
 
Service cost
$
4.4

 
$
4.9

 
$
6.6

Interest cost
12.8

 
9.0

 
8.9

Expected return on plan assets
(6.0
)
 
(5.0
)
 
(4.5
)
Employee contributions
(0.2
)
 
(0.3
)
 
(0.5
)
Amortization of actuarial loss
0.3

 
1.4

 
1.0

Net periodic cost
$
11.3

 
$
10.0

 
$
11.5
Schedule of Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income [Table Text Block]
 
Pension Benefits
 
2011
 
2010
Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income:
 

 
 

Net loss (gain)
$
13.8

 
$
(15.5
)
Prior service cost
—

 
0.6

Amortization of actuarial losses
(0.3
)
 
(1.4
)
Curtailment
—

 
(3.8
)
Foreign exchange effect
(1.0
)
 
(1.7
)
Total recognized in other comprehensive income
$
12.5

 
$
(21.8
)
Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]
Amounts expected to be recognized as components of net periodic cost for the year ending
December 31, 2012:
 

Actuarial net loss
$
0.7
Schedule of Fair Value of Plan Assets by Measurement Levels [Table Text Block]
The fair value of the Company’s plan assets at December 31, 2011 are as follows (in millions):
 
Total
 
Level 1
 
Level 2
Cash
$
4.9

 
$
4.9

 
$
—

Investment funds – European Ex U.K. equities(1) 
7.7

 
—

 
7.7

Investment funds – U.K. equities(2) 
11.6

 
—

 
11.6

Investment funds – North American equities(3) 
9.1

 
—

 
9.1

Investment funds – Other equities(4) 
15.5

 
—

 
15.5

Investment funds –Other bonds(5) 
10.3

 
—

 
10.3

Investment funds – U.K. long bond(6) 
52.8

 
—

 
52.8

Investment funds – real estate(7) 
7.8

 
—

 
7.8

Total investments measured at fair value
$
119.7

 
$
4.9

 
$
114.8

 
The following information was provided to the Company by the fund manager.
 
(1)
This class invests in stocks of European (excluding U.K.) based companies with approximately 86% in financial, consumer, industrials, health care, basic materials, oil and gas and communications sectors and 14% in other industries.
(2)
This class invests in stocks of U.K. based companies with approximately 88% in financial, oil and gas, consumer, basic materials, health care and industrial sectors and 12% in other industries.
(3)
This class invests in stocks of North American based companies with approximately 89% in technology, financial, oil and gas, consumer, industrial and health care sectors and 11% in other industries.
(4)
This class invests in stocks with approximately 70% in financial, industrial, consumer, basic materials and information technology, 19% in a diversified asset portfolio and 11% in other industries.
(5)
This class invests in bonds with approximately 89% in European government bonds, corporate bonds and loans backed by Swiss mortgages, and 11% in other investments.
(6)
This class represents U.K. government securities, other sterling denominated fixed-income securities and index linked securities. Approximately 63% is invested in U.K. government bonds with the remainder primarily in corporate bonds.
(7)
This class primarily comprises investments in a diversified range of property principally in the residential, retail, office and industrial/warehouse sectors.
Schedule of Allocation of Plan Assets [Table Text Block]
The asset allocation and target allocation for 2012 for the Company’s U.K. defined benefit pension plan at December 31, 2011 and 2010 was as follows:
 
 
Percentage of Plan Assets
at December 31,
 
Target Allocation
 
2011
 
2010
 
2012
Equity Securities
37
%
 
48
%
 
35% - 65%
Fixed Income Securities
58
%
 
49
%
 
25% - 60%
Real Estate Investment Securities
5
%
 
3
%
 
5% - 10%
Total
100
%
 
100
%
 
 
Schedule of Expected Benefit Payments [Table Text Block]
The Company’s estimated future benefit payments under its non-U.S. defined benefit pension plans are as follows (in millions):
Year Ending December 31,
 

2012
$
18.3

2013
$
17.8

2014
$
18.9

2015
$
19.2

2016
$
20.4

2017-2021
$
109.6