Shareholders' Investment

3 Months Ended

Mar. 31, 2012

10. Shareholders' Investment

The company repurchased approximately 1.2 million shares of common stock for $107.8 million for the three months ended March 31, 2012.

Other Comprehensive Income (Loss)

On January 1, 2012, the company adopted Financial Accounting Standards Board amended guidance, with the exception of an amendment providing for a deferral of a certain provision, on the presentation of other comprehensive income and its components in the consolidated condensed financial statements. The company has elected to present net income and comprehensive income as two separate but consecutive statements. This guidance was applied retrospectively, as required.

The accumulated balances related to each component of other comprehensive income (loss) are as follows:


	Change in Derivative Instruments Designated As Cash Flow Hedges			Foreign Currency Translation Adjustment		Benefit Plan Adjustments			Available-for-Sale Securities			Accumulated Other Comprehensive (Loss) Income
(dollars in millions)
Balance at December 31, 2011	$	(1.4	)	$	41.1	$	(106.3	)	$	—		$	(66.6	)
Other comprehensive income (loss) before income taxes		3.7			4.7		2.6			—			11.0
Income tax (provision) benefit related to other comprehensive income (loss) items ^(A)		(1.4	)		—		(0.9	)		—			(2.3	)

Balance at March 31, 2012	$	0.9		$	45.8	$	(104.6	)	$	—		$	(57.9	)

Balance at December 31, 2010	$	—		$	29.0	$	(85.2	)	$	—		$	(56.2	)
Other comprehensive income (loss) before income taxes		(0.5	)		28.9		2.0			(0.5	)		29.9
Income tax (provision) benefit related to other comprehensive income (loss) items ^(A)		—			—		(0.7	)		0.1			(0.6	)

Balance at March 31, 2011	$	(0.5	)	$	57.9	$	(83.9	)	$	(0.4	)	$	(26.9	)

^(A)	Income taxes are not provided for foreign currency translation adjustments.