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Chapter 11 Information (Tables)
 12 Months Ended
Dec. 31, 2012
Reorganizations [Abstract]  
Schedule of Components of Liabilities Subject to Compromise
Components of liabilities subject to compromise are as follows:
(In millions)
December 31, 2012
 
December 31, 2011
 
Filing Date
(Unaudited)
Asbestos-related contingencies
$
2,065.0

 
$
1,700.0

 
$
1,002.8

Pre-petition bank debt plus accrued interest
937.2

 
907.3

 
511.5

Environmental contingencies
140.5

 
149.9

 
164.8

Unfunded special pension arrangements
134.3

 
129.0

 
70.8

Income tax contingencies
87.6

 
69.3

 
242.1

Postretirement benefits other than pension
63.9

 
64.6

 
185.4

Drawn letters of credit plus accrued interest
36.1

 
34.5

 
—

Accounts payable
31.3

 
31.3

 
43.0

Retained obligations of divested businesses
29.0

 
28.4

 
43.5

Other accrued liabilities
102.3

 
89.8

 
102.1

Reclassification to current liabilities(1)
(10.1
)
 
(8.4
)
 
—

Total Liabilities Subject to Compromise
$
3,617.1

 
$
3,195.7

 
$
2,366.0

_______________________________________________________________________________
(1)
As of December 31, 2012 and 2011, approximately $10.1 million and $8.4 million, respectively, of certain pension and postretirement benefit obligations subject to compromise have been presented in "other current liabilities"in the Consolidated Balance Sheets in accordance with ASC 715 "Compensation—Retirement Benefits".
Schedule of Changes in Liabilities Subject to Compromise
The following table is a reconciliation of the changes in pre-filing date liability balances for the period from the Filing Date through December 31, 2012.
(In millions) (Unaudited)
Cumulative
Since Filing
Balance, Filing Date April 2, 2001
$
2,366.0

Cash disbursements and/or reclassifications under Bankruptcy Court orders:
 
Payment of environmental settlement liability
(252.0
)
Freight and distribution order
(5.7
)
Trade accounts payable order
(9.1
)
Resolution of contingencies subject to Chapter 11
(130.0
)
Other court orders for payments of certain operating expenses
(378.2
)
Expense (income) items:
 
Interest on pre-petition liabilities
549.8

Employee-related accruals
127.5

Provision for asbestos-related contingencies
1,109.8

Provision for environmental contingencies
355.2

Provision for income tax contingencies
(80.4
)
Balance sheet reclassifications
(35.8
)
Balance, end of period
$
3,617.1
Schedule of Chapter 11 Expenses
Chapter 11 Expenses
 
Year Ended December 31,
(In millions)
2012
 
2011
 
2010
Legal and financial advisory fees
$
17.4

 
$
20.6

 
$
18.2

Interest (income) expense
(0.8
)
 
(0.6
)
 
(0.5
)
Chapter 11 expenses, net of interest income
$
16.6

 
$
20.0

 
$
17.7
Schedule of Condensed Statements of Operations of Debtors
W. R. Grace & Co.—Chapter 11 Filing Entities
Debtor-in-Possession Statements of Operations
 
Year Ended December 31,
(In millions) (Unaudited)
2012
 
2011
 
2010
Net sales, including intercompany
$
1,512.6

 
$
1,479.4

 
$
1,211.4

Cost of goods sold, including intercompany, exclusive of depreciation and amortization shown separately below
899.1

 
889.9

 
741.4

Selling, general and administrative expenses
245.2

 
267.8

 
244.8

Defined benefit pension expense
50.6

 
43.6

 
57.3

Depreciation and amortization
67.3

 
68.3

 
66.9

Chapter 11 expenses, net of interest income
16.6

 
20.0

 
17.7

Libby medical program settlement
19.6

 
—

 
—

Provision for asbestos-related contingencies
365.0

 
—

 
—

Research and development expenses
35.9

 
39.7

 
34.8

Interest expense and related financing costs
41.5

 
40.0

 
39.7

Restructuring expenses
2.5

 
0.6

 
3.5

Provision for environmental remediation
2.4

 
17.7

 
3.5

Other income, net
(98.1
)
 
(93.6
)
 
(90.7
)
 
1,647.6

 
1,294.0

 
1,118.9

Income (loss) before income taxes and equity in net income of non-filing entities
(135.0
)
 
185.4

 
92.5

Benefit from (provision for) income taxes
39.3

 
(70.8
)
 
(38.0
)
Income (loss) before equity in net income of non-filing entities
(95.7
)
 
114.6

 
54.5

Equity in net income of non-filing entities
189.8

 
154.8

 
152.6

Net income attributable to W. R. Grace & Co. shareholders
$
94.1

 
$
269.4

 
$
207.1
Schedule of Condensed Statements of Cash Flows of Debtors
W. R. Grace & Co.—Chapter 11 Filing Entities
Debtor-in-Possession Statements of Cash Flows
 
Year Ended December 31,
(In millions) (Unaudited)
2012
 
2011
 
2010
Operating Activities
 
 
 
 
 
Net income attributable to W. R. Grace & Co. shareholders
$
94.1

 
$
269.4

 
$
207.1

Reconciliation to net cash provided by operating activities:
 
 
 
 
 
Depreciation and amortization
67.3

 
68.3

 
66.9

Provision for asbestos-related contingencies
365.0

 
—

 
—

Equity in net income of non-filing entities
(189.8
)
 
(154.8
)
 
(152.6
)
(Benefit from) provision for income taxes
(39.3
)
 
70.8

 
38.0

Income taxes (paid), net of refunds
(33.9
)
 
(13.2
)
 
12.9

Tax benefits from stock-based compensation
(36.8
)
 
—

 
—

Defined benefit pension expense
50.6

 
43.6

 
57.3

Payments under defined benefit pension arrangements
(114.9
)
 
(251.4
)
 
(51.4
)
Repatriation of cash from foreign entities
21.6

 
30.3

 
116.8

Changes in assets and liabilities, excluding the effect of foreign currency translation:
 
 
 
 
 
Trade accounts receivable
(7.1
)
 
(26.2
)
 
(24.7
)
Inventories
53.7

 
(56.2
)
 
(17.3
)
Accounts payable
(15.1
)
 
37.5

 
14.6

All other items, net
108.6

 
18.9

 
(52.9
)
Net cash provided by operating activities
324.0

 
37.0

 
214.7

Investing Activities
 
 
 
 
 
Capital expenditures
(82.6
)
 
(77.7
)
 
(55.1
)
Transfer to restricted cash and cash equivalents
(35.4
)
 
(8.4
)
 
(74.5
)
Other
—

 
10.0

 
(25.3
)
Net cash used for investing activities
(118.0
)
 
(76.1
)
 
(154.9
)
Net cash provided by financing activities
69.6

 
40.5

 
41.9

Net increase in cash and cash equivalents
275.6

 
1.4

 
101.7

Cash and cash equivalents, beginning of period
788.6

 
787.2

 
685.5

Cash and cash equivalents, end of period
$
1,064.2

 
$
788.6

 
$
787.2
Schedule of Condensed Balance Sheets Of Debtors
W. R. Grace & Co.—Chapter 11 Filing Entities
Debtor-in-Possession Balance Sheets
 
December 31,
 (In millions) (Unaudited)
2012
 
2011
ASSETS
 
 
 
Current Assets
 
 
 
Cash and cash equivalents
$
1,064.2

 
$
788.6

Restricted cash and cash equivalents
118.3

 
82.9

Trade accounts receivable, net
132.6

 
125.5

Accounts receivable—unconsolidated affiliate
14.1

 
10.2

Receivables from non-filing entities, net
160.5

 
143.1

Inventories
106.3

 
160.0

Other current assets
58.5

 
67.3

Total Current Assets
1,654.5

 
1,377.6

Properties and equipment, net
433.5

 
418.8

Deferred income taxes
935.5

 
752.7

Asbestos-related insurance
500.0

 
500.0

Loans receivable from non-filing entities, net
282.1

 
362.3

Investment in non-filing entities
449.5

 
333.6

Investment in unconsolidated affiliate
85.5

 
70.8

Other assets
47.2

 
63.7

Total Assets
$
4,387.8

 
$
3,879.5

LIABILITIES AND EQUITY
 
 
 
Liabilities Not Subject to Compromise
 
 
 
Current liabilities (including $6.0 due to unconsolidated affiliate) (2011—$3.5)
$
244.7

 
$
250.7

Underfunded defined benefit pension plans
161.0

 
215.5

Other liabilities (including $22.4 due to unconsolidated affiliate) (2011—$18.3)
56.5

 
58.1

Total Liabilities Not Subject to Compromise
462.2

 
524.3

Liabilities Subject to Compromise
3,617.1

 
3,195.7

Total Liabilities
4,079.3

 
3,720.0

Total W. R. Grace & Co. Shareholders' Equity
308.4

 
159.4

Noncontrolling interests in Chapter 11 filing entities
0.1

 
0.1

Total Equity
308.5

 
159.5

Total Liabilities and Equity
$
4,387.8

 
$
3,879.5