Derivatives (Tables)

6 Months Ended

Jun. 30, 2011

Derivatives (Tables) [Abstract]

Amounts related to cash flow hedges

	As of			As of
	June 30,			December 31,
	2011			2010
Commodity Price Hedges:
Gains included in AOCI, net of tax	$	(3.7	)	$	(11.7	)
Provision for income taxes		2.1			6.7
Interest Rate Swap:
Losses included in AOCI, net of tax	$	1.8		$	2.3
Benefit from income taxes		(1.1	)		(1.3	)

Outstanding commodity futures contracts designated as cash flow hedges

	As of		As of
	June 30,		December 31,
	2011		2010
	(pounds)		(pounds)
Copper		18.6		18.5

Outstanding commodity futures contracts not designated as cash flow hedges

	As of		As of
	June 30,		December 31,
	2011		2010
	(pounds)		(pounds)
Copper		2.8		1.4
Aluminum		3.0		1.4

Outstanding foreign currency forward contracts not designated as cash flow hedges

	As of		As of
	June 30,		December 31,
	2011		2010
Notional amounts:
Brazilian Real		3.6		5.6
Mexican Peso		160.0		138.0
Euros		7.8		15.6
British Pounds		5.0		2.0

Location and amounts of derivative fair values in Consolidated Balance Sheets and derivative gains and losses in Consolidated Statements of Operations

	Fair Values of Derivative Instruments(1)
	Derivatives Designated as				Derivatives Not Designated as
	Hedging Instruments				Hedging Instruments
	As of June 30,		As of December 31,		As of June 30,		As of December 31,
	2011		2010		2011		2010
Current Assets:
Other Assets
Commodity futures contracts	$	5.8	$	17.4	$	0.3	$	1.4
Foreign currency forward contracts		—		—		0.4		0.2
Non-Current Assets:
Other Assets, net
Commodity futures contracts		—		1.3		—		0.1
Total Assets	$	5.8	$	18.7	$	0.7	$	1.7
Current Liabilities:
Accrued Expenses
Interest rate swap	$	2.2	$	2.2	$	—	$	—
Foreign currency forward contracts		—		—		0.1		—
Non-Current Liabilities:
Other Liabilities
Interest rate swap		0.7		1.4		—		—
Total Liabilities	$	2.9	$	3.6	$	0.1	$	—

(1) All our derivative instruments are classified as Level 2 within the fair value hierarchy. For more information on other fair value measurements, see Note 15.

Effect of Derivative Instruments on Consolidated Statements of Operations

Derivatives in Cash Flow Hedging Relationships
	For the Three Months						For the Six Months
	Ended June 30,						Ended June 30,
	2011			2010			2011			2010
Amount of Loss or (Gain) Reclassified from AOCI into Income (Effective Portion):
Commodity futures contracts(1)	$	(4.7	)	$	(4.8	)	$	(9.9	)	$	(7.6	)
Interest rate swap(2)		0.6			0.6			1.2			1.2
	$	(4.1	)	$	(4.2	)	$	(8.7	)	$	(6.4	)
Amount of (Gain) or Loss Recognized in Income on Derivatives (Ineffective Portion):
Commodity futures contracts(3)	$	—		$	—		$	—		$	(0.1	)

Derivatives Not Designated as Hedging Instruments
	For the Three Months					For the Six Months
	Ended June 30,					Ended June 30,
	2011		2010			2011		2010
Amount of (Gain) or Loss Recognized in Income on Derivatives:
Commodity futures contracts(3)	$	0.4	$	1.0		$	0.5	$	0.6
Foreign currency forward contracts(3)		0.4		(0.1	)		1.4		(0.8	)
	$	0.8	$	0.9		$	1.9	$	(0.2	)

(1)	The loss (gain) is recorded in Cost of goods sold in the accompanying Consolidated Statements of Operations.
(2)	The loss (gain) is recorded in Interest expense, net in the accompanying Consolidated Statements of Operations.
(3)	The loss (gain) is recorded in Losses and other expenses, net in the accompanying Consolidated Statements of Operations.