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Consolidated Statements of Operations (unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Net sales $ 771.3 $ 776.6 $ 2,284.0 $ 2,357.7
Cost of goods sold 486.6 491.8 1,432.2 1,491.7
Gross profit 284.7 284.8 851.8 866.0
Selling, general and administrative expenses 125.2 130.8 391.7 401.2
Restructuring expenses and related asset impairments 3.6 1.1 8.7 6.4
Research and development expenses 15.0 15.4 48.5 47.9
Defined benefit pension expense 18.2 17.6 54.9 53.2
Interest expense and related financing costs 10.7 11.5 32.1 34.1
Provision for environmental remediation 1.7 0.6 4.0 1.8
Chapter 11 expenses, net of interest income 2.9 4.4 11.0 12.6
Libby medical program settlement 0 0.1 0 19.6
Equity in earnings of unconsolidated affiliate (2.8) (4.9) (17.1) (13.8)
Other (income) expense, net 0.7 (3.2) 5.1 (6.0)
Total costs and expenses 175.2 173.4 538.9 557.0
Income before income taxes 109.5 111.4 312.9 309.0
Provision for income taxes (39.8) (35.4) (106.7) (102.0)
Net income 69.7 76.0 206.2 207.0
Less: Net income attributable to noncontrolling interests (0.3) (0.5) (1.1) (1.3)
Net income attributable to W. R. Grace & Co. shareholders $ 69.4 $ 75.5 $ 205.1 $ 205.7
Basic earnings per share:        
Net income attributable to W. R. Grace & Co. shareholders (in dollars per share) $ 0.90 $ 1.01 $ 2.69 $ 2.75
Weighted average number of basic shares 76.7 75.0 76.2 74.7
Diluted earnings per share:        
Net income attributable to W. R. Grace & Co. shareholders (in dollars per share) $ 0.89 $ 0.99 $ 2.64 $ 2.70
Weighted average number of diluted shares 77.9 76.4 77.6 76.2