Other Expense, Net

12 Months Ended

Dec. 31, 2012

Other Expense, Net Disclosure

Other Expense, Net [Text Block]

Note 4.Other Expense, Net

       The components of other expense, net, in the accompanying statement of income are as follows:

(In millions)	2012		2011		2010
Interest Income	$	25.2	$	26.8	$	12.4
Interest Expense		(241.6)		(175.3)		(84.7)
Other Items, Net		3.7		30.5		(28.1)
	$	(212.7)	$	(118.0)	$	(100.4)

Other Items, Net

In 2011, other items, net includes $28 million of gains on currency exchange contracts associated with the acquisition of Phadia and an $18 million gain on the sale of an equity investment accounted for under the cost method, offset in part by $10 million of fees associated with a short-term financing commitment to fund the Phadia acquisition.

During 2010, the company redeemed all of its outstanding 6 1/8% Senior Subordinated Notes due 2015. The company recorded a loss on the early extinguishment of debt of $17 million, principally as a result of this redemption. The company recorded $8 million of fees associated with short-term financing commitments for the purchase of Dionex.