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Consolidated Statements of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Net sales $ 826.7 $ 826.4 $ 1,581.1 $ 1,522.1
Cost of goods sold 522.6 521.8 999.9 965.1
Gross profit 304.1 304.6 581.2 557.0
Selling, general and administrative expenses 133.8 145.9 270.4 275.8
Restructuring expenses and related asset impairments 2.3 0.7 5.3 0.9
Research and development expenses 16.0 16.7 32.5 32.3
Defined benefit pension expense 16.8 15.1 35.6 31.6
Interest expense and related financing costs 11.3 11.0 22.6 21.4
Provision for environmental remediation 0.6 0.3 1.2 0.5
Chapter 11 expenses, net of interest income 3.7 6.7 8.2 12.5
Libby medical program settlement 19.5   19.5  
Equity in earnings of unconsolidated affiliate (3.2) (4.2) (8.9) (7.7)
Other (income) expense, net (2.2) 0.3 (2.8) (1.9)
Total costs and expenses 198.6 192.5 383.6 365.4
Income before income taxes 105.5 112.1 197.6 191.6
Provision for income taxes (35.8) (36.6) (66.6) (62.1)
Net income 69.7 75.5 131.0 129.5
Less: Net loss (income) attributable to noncontrolling interests (0.4) 0.3 (0.8) 0.5
Net income attributable to W. R. Grace & Co. shareholders $ 69.3 $ 75.8 $ 130.2 $ 130.0
Basic earnings per share:        
Net income attributable to W. R. Grace & Co. shareholders (in dollars per share) $ 0.93 $ 1.03 $ 1.75 $ 1.77
Weighted average number of basic shares (in shares) 74.7 73.4 74.5 73.3
Diluted earnings per share:        
Net income attributable to W. R. Grace & Co. shareholders (in dollars per share) $ 0.90 $ 1.00 $ 1.70 $ 1.72
Weighted average number of diluted shares (in shares) 76.6 75.6 76.5 75.4