Condensed consolidating financial statements of the Company, its Guarantor Subsidiaries and Non-Guarantor Subsidiaries as of December 31, 2012 and December 31, 2011 and for the years ended December 31, 2012, 2011 and 2010 are shown on the following pages:

Condensed Consolidating Balance Sheets

As of December 31, 2012

(In millions)



	Parent			Guarantor Subsidiaries		Non- Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
Current Assets:
Cash and cash equivalents	$	1.0		$	13.4	$	37.4		$	—		$	51.8
Accounts and notes receivable, net	(1,178.0		)	1,076.0		427.2			48.2			373.4
Inventories, net	—			257.3		121.5			(4.0		)	374.8
Deferred income taxes, net	—			22.9		6.3			(1.7		)	27.5
Other assets	(0.6		)	23.8		97.5			(59.7		)	61.0
Assets of discontinued operations	—			21.2		77.4			—			98.6
Total current assets	(1,177.6		)	1,414.6		767.3			(17.2		)	987.1
Property, plant and equipment, net	—			239.7		58.5			—			298.2
Goodwill	—			131.8		92.0			—			223.8
Deferred income taxes	—			87.8		20.8			(5.8		)	102.8
Other assets, net⁽¹⁾	2,176.3			488.5		30.3			(2,615.1		)	80.0
Total assets	$	998.7		$	2,362.4	$	968.9		$	(2,638.1	)	$	1,691.9
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Short-term debt	$	101.9		$	—	$	(51.0	)	$	(16.0	)	$	34.9
Current maturities of long-term debt	—			0.5		0.2			—			0.7
Accounts payable	—			133.7		92.0			59.0			284.7
Accrued expenses	2.5			196.6		60.8			(0.3		)	259.6
Income taxes payable	(27.3		)	35.1		38.5			(41.8		)	4.5
Liabilities of discontinued operations	—			42.3		12.9			—			55.2
Total current liabilities	77.1			408.2		153.4			0.9			639.6
Long-term debt	335.0			15.6		98.7			(98.3		)	351.0
Post-retirement benefits, other than pensions	—			6.1		—			—			6.1
Pensions	—			114.7		19.7			—			134.4
Other liabilities	0.5			60.1		10.6			(7.2		)	64.0
Total liabilities	412.6			604.7		282.4			(104.6		)	1,195.1
Commitments and contingencies
Total stockholders' equity	586.1			1,757.7		686.5			(2,533.5		)	496.8
Total liabilities and stockholders' equity	$	998.7		$	2,362.4	$	968.9		$	(2,638.1	)	$	1,691.9


⁽¹⁾	Other assets, net consists primarily of Investments in subsidiaries which eliminate upon consolidation.

Condensed Consolidating Statements of Operations

For the Year Ended December 31, 2012

(In millions)



	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net Sales	$	—		$	2,327.7		$	824.0		$	(202.3	)	$	2,949.4
Cost of goods sold	0.2			1,799.6			629.2			(201.9		)	2,227.1
Gross profit	(0.2		)	528.1			194.8			(0.4		)	722.3
Operating expenses:
Selling, general and administrative expenses	—			374.3			132.7			—			507.0
Losses and other expenses, net	(1.7		)	1.1			3.2			(0.1		)	2.5
Restructuring charges	—			2.8			1.4			—			4.2
Income from equity method investments	(116.3		)	(17.0		)	(7.8		)	130.6			(10.5		)
Operational income from continuing operations	117.8			166.9			65.3			(130.9		)	219.1
Interest expense, net	16.6			(2.4		)	2.9			—			17.1
Other expense, net	—			—			0.3			—			0.3
Income from continuing operations before income taxes	101.2			169.3			62.1			(130.9		)	201.7
Provision for income taxes	(4.9		)	50.5			21.2			(0.1		)	66.7
Income from continuing operations	106.1			118.8			40.9			(130.8		)	135.0
Loss from discontinued operations	—			(18.5		)	(26.5		)	—			(45.0		)
Net income	$	106.1		$	100.3		$	14.4		$	(130.8	)	$	90.0
Other comprehensive income	$	6.7		$	(2.8	)	$	5.2		$	5.7		$	14.8

Condensed Consolidating Balance Sheets

As of December 31, 2011

(In millions)



	Parent			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
Current Assets:
Cash and cash equivalents	$	1.0		$	9.7	$	34.3		$	—		$	45.0
Accounts and notes receivable, net	(991.9		)	944.5		413.8			20.6			387.0
Inventories, net	—			217.1		105.5			(4.7		)	317.9
Deferred income taxes, net	4.7			22.0		8.4			(1.3		)	33.8
Other assets	1.6			16.6		111.0			(60.7		)	68.5
Assets of discontinued operations	—			29.1		131.4			—			160.5
Total current assets	(984.6		)	1,239.0		804.4			(46.1		)	1,012.7
Property, plant and equipment, net	—			248.2		52.5			—			300.7
Goodwill	—			131.7		91.5			—			223.2
Deferred income taxes	0.2			82.0		18.2			(9.7		)	90.7
Other assets, net⁽¹⁾	2,174.6			531.2		22.2			(2,649.6		)	78.4
Total assets	$	1,190.2		$	2,232.1	$	988.8		$	(2,705.4	)	$	1,705.7
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Short-term debt	$	112.1		$	—	$	(67.3	)	$	(40.1	)	$	4.7
Current maturities of long-term debt	—			0.6		0.2			—			0.8
Accounts payable	9.2			120.9		93.4			31.4			254.9
Accrued expenses	15.3			146.7		77.4			—			239.4
Income taxes payable	(29.9		)	28.4		27.4			(20.2		)	5.7
Liabilities of discontinued operations	—			54.8		16.8			—			71.6
Total current liabilities	106.7			351.4		147.9			(28.9		)	577.1
Long-term debt	443.0			16.2		97.3			(96.9		)	459.6
Post-retirement benefits, other than pensions	—			18.6		—			—			18.6
Pensions	—			111.9		12.8			—			124.7
Other liabilities	0.8			54.8		13.3			(11.0		)	57.9
Total liabilities	550.5			552.9		271.3			(136.8		)	1,237.9
Commitments and contingencies
Total stockholders' equity	639.7			1,679.2		717.5			(2,568.6		)	467.8
Total liabilities and stockholders' equity	$	1,190.2		$	2,232.1	$	988.8		$	(2,705.4	)	$	1,705.7


⁽¹⁾	Other assets, net consists primarily of Investments in subsidiaries which eliminate upon consolidation.

Condensed Consolidating Statements of Operations

For the Year Ended December 31, 2011

(In millions)



	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Net Sales	$	—		$	2,190.1		$	850.1		$	(199.3	)	$	2,840.9
Cost of goods sold	0.2			1,721.0			650.6			(200.8		)	2,171.0
Gross profit	(0.2		)	469.1			199.5			1.5			669.9
Operating expenses:
Selling, general and administrative expenses	—			327.0			149.9			—			476.9
Losses and other expenses, net	12.1			1.4			(7.8		)	—			5.7
Restructuring charges	—			10.8			1.7			—			12.5
Income from equity method investments	(135.3		)	(31.2		)	(7.1		)	164.0			(9.6		)
Operational income from continuing operations	123.0			161.1			62.8			(162.5		)	184.4
Interest expense, net	16.8			(4.0		)	4.0			—			16.8
Other expense, net	—			—			0.3			—			0.3
Income from continuing operations before income taxes	106.2			165.1			58.5			(162.5		)	167.3
Provision for income taxes	(9.8		)	46.0			19.1			0.5			55.8
Income from continuing operations	116.0			119.1			39.4			(163.0		)	111.5
Loss from discontinued operations	—			(29.8		)	6.6			—			(23.2		)
Net income	$	116.0		$	89.3		$	46.0		$	(163.0	)	$	88.3
Other comprehensive income	$	(16.9	)	$	(22.4	)	$	(27.3	)	$	(0.7	)	$	(67.3	)

Condensed Consolidating Statements of Operations

For the Year Ended December 31, 2010

(In millions)



	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Net Sales	$	—		$	1,671.5		$	1,070.2		$	(156.5	)	$	2,585.2
Cost of goods sold	0.2			1,234.9			799.1			(150.2		)	1,884.0
Gross profit	(0.2		)	436.6			271.1			(6.3		)	701.2
Operating expenses:
Selling, general and administrative expenses	—			321.5			166.0			4.5			492.0
Losses and other expenses, net	(0.6		)	4.6			4.4			(5.0		)	3.4
Restructuring charges	—			1.5			9.9			—			11.4
Income from equity method investments	(138.8		)	(11.8		)	(10.1		)	150.6			(10.1		)
Operational income from continuing operations	139.2			120.8			100.9			(156.4		)	204.5
Interest expense, net	12.4			(3.0		)	3.8			(0.4		)	12.8
Other expense, net	—			—			1.0			—			1.0
Income from continuing operations before income taxes	126.8			123.8			96.1			(156.0		)	190.7
Provision for income taxes	(4.4		)	37.8			24.8			6.6			64.8
Income from continuing operations	131.2			86.0			71.3			(162.6		)	125.9
Loss from discontinued operations	—			(15.8		)	(2.7		)	8.8			(9.7		)
Net income	$	131.2		$	70.2		$	68.6		$	(153.8	)	$	116.2
Other comprehensive income	$	5.7		$	(1.5	)	$	25.3		$	1.5		$	31.0

Condensed Consolidating Statements of Cash Flows

For the Year Ended December 31, 2012

(In millions)



	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Cash flows from operating activities:	$	20.7		$	207.3		$	(6.6	)	$	—	$	221.4
Cash flows from investing activities:
Proceeds from the disposal of property, plant and equipment	—			0.1			—			—		0.1
Purchases of property, plant and equipment	—			(37.7		)	(12.5		)	—		(50.2		)
Net proceeds from sale of businesses	—			10.1			—			—		10.1
Net cash used in discontinued operations	—			(0.5		)	0.1			—		(0.4		)
Net cash used in investing activities	—			(28.0		)	(12.4		)	—		(40.4		)
Cash flows from financing activities:
Short-term borrowings, net	—			—			0.2			—		0.2
Asset securitization borrowings	—			—			645.0			—		645.0
Asset securitization payments	—			—			(615.0		)	—		(615.0		)
Long-term debt payments	—			(0.7		)	(0.4		)	—		(1.1		)
Borrowings from revolving credit facility	967.0			—			—			—		967.0
Payments on revolving credit facility	(1,075.0		)	—			—			—		(1,075.0		)
Proceeds from stock option exercises	0.8			—			—			—		0.8
Repurchases of common stock	(57.9		)	—			—			—		(57.9		)
Excess tax benefits related to share-based payments	3.5			—			—			—		3.5
Intercompany debt	2.4			(4.0		)	1.6			—		—
Intercompany financing activity	186.1			(170.9		)	(15.2		)	—		—
Cash dividends paid	(47.6		)	—			—			—		(47.6		)
Net cash (used in) provided by financing activities	(20.7		)	(175.6		)	16.2			—		(180.1		)
Increase in cash and cash equivalents	—			3.7			(2.8		)	—		0.9
Effect of exchange rates on cash and cash equivalents	—			—			5.9			—		5.9
Cash and cash equivalents, beginning of year	1.0			9.7			34.3			—		45.0
Cash and cash equivalents, end of year	$	1.0		$	13.4		$	37.4		$	—	$	51.8

Condensed Consolidating Statements of Cash Flows

For the Year Ended December 31, 2011

(In millions)



	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Cash flows from operating activities:	$	(2.6	)	$	18.0		$	60.8		$	—	$	76.2
Cash flows from investing activities:
Proceeds from the disposal of property, plant and equipment	—			0.1			0.1			—		0.2
Purchases of property, plant and equipment	—			(34.2		)	(7.2		)	—		(41.4		)
Net proceeds from sale of businesses	—			—			0.6			—		0.6
Acquisition of businesses	—			(147.7		)	—			—		(147.7		)
Change in restricted cash	—			—			12.2			—		12.2
Net cash used in discontinued operations	—			(1.5		)	(0.2		)	—		(1.7		)
Net cash used in investing activities	—			(183.3		)	5.5			—		(177.8		)
Cash flows from financing activities:
Short-term borrowings, net	—			—			3.8			—		3.8
Asset securitization borrowings	—			—			345.0			—		345.0
Asset securitization payments	—			—			(345.0		)	—		(345.0		)
Long-term debt payments	—			(0.8		)	(0.1		)	—		(0.9		)
Borrowings from revolving credit facility	1,539.5			—			—			—		1,539.5
Payments on revolving credit facility	(1,396.5		)	—			—			—		(1,396.5		)
Proceeds from stock option exercises	2.5			—			—			—		2.5
Payments of deferred financing costs	(2.2		)	—			—			—		(2.2		)
Repurchases of common stock	(123.0		)	—			—			—		(123.0		)
Excess tax benefits related to share-based payments	1.4			—			—			—		1.4
Intercompany debt	115.1			(8.1		)	(107.0		)	—		—
Intercompany financing activity	(177.8		)	169.2			8.6			—		—
Cash dividends paid	(36.5		)	—			—			—		(36.5		)
Net cash used in financing activities	(77.5		)	160.3			(94.7		)	—		(11.9		)
Decrease in cash and cash equivalents	(80.1		)	(5.0		)	(28.4		)	—		(113.5		)
Effect of exchange rates on cash and cash equivalents	—			—			(1.5		)	—		(1.5		)
Cash and cash equivalents, beginning of year	81.1			14.7			64.2			—		160.0
Cash and cash equivalents, end of year	$	1.0		$	9.7		$	34.3		$	—	$	45.0