Accumulated Other Comprehensive Income (Tables)

9 Months Ended

Sep. 30, 2013

Equity [Abstract]

Changes in Components of Other Comprehensive Income, Net of Tax

The following table shows the changes in the components of OCI, net of tax (in millions):

	Foreign Currency Translation			Cash Flow Hedges			Unrealized Gains on Securities			Defined Benefit Plan Items
Balance December 31, 2012	$	445.5		$	4.1		$	0.4		$	(106.1	)
OCI before reclassifications		(51.4	)		24.5			(0.1	)		—
Reclassifications		—			(2.0	)		—			9.9
Balance September 30, 2013	$	394.1		$	26.6		$	0.3		$	(96.2	)

Reclassification Adjustments from Accumulated Other Comprehensive Income

The following table shows the reclassification adjustments from OCI (in millions):

	Amount of Gain / (Loss) Reclassified from OCI
	Three Months Ended September 30,						Nine Months Ended September 30,						Location on Statement of Earnings
Component of OCI	2013			2012			2013			2012
Cash flow hedges
Foreign exchange forward contracts	$	5.2		$	(1.6	)	$	3.5		$	(9.4	)	Cost of products sold
Foreign exchange options		—			(0.3	)		(0.2	)		(0.4	)	Cost of products sold
Cross-currency interest rate swaps		—			—			—			0.2		Interest expense
		5.2			(1.9	)		3.3			(9.6	)	Total before tax
		1.7			(1.8	)		1.3			(7.3	)	Provision for income taxes
	$	3.5		$	(0.1	)	$	2.0		$	(2.3	)	Net of tax
Defined benefit plans
Prior service cost	$	1.0		$	1.3		$	2.9		$	2.7		*
Unrecognized actuarial (loss)		(4.7	)		(3.2	)		(14.0	)		(9.9	)	*
		(3.7	)		(1.9	)		(11.1	)		(7.2	)	Total before tax
		(0.3	)		2.1			(1.2	)		0.4		Provision for income taxes
	$	(3.4	)	$	(4.0	)	$	(9.9	)	$	(7.6	)	Net of tax
Total reclassifications	$	0.1		$	(4.1	)	$	(7.9	)	$	(9.9	)	Net of tax

* These OCI components are included in the computation of net periodic pension expense (see Note 11).

Tax Effects on Each Component of Other Comprehensive Income Recognized in Statements of Comprehensive Income

The following table shows the tax effects on each component of OCI recognized in our condensed consolidated statements of comprehensive income (in millions):

	Three Months Ended September 30, 2013									Nine Months Ended September 30, 2013
	Before Tax			Tax			Net of Tax			Before Tax			Tax			Net of Tax
Foreign currency cumulative translation adjustments	$	45.4		$	—		$	45.4		$	(51.4	)	$	—		$	(51.4	)
Unrealized cash flow hedge gains/(losses)		(21.4	)		(3.1	)		(18.3	)		46.3			21.8			24.5
Reclassification adjustments on foreign currency hedges		(5.2	)		(1.7	)		(3.5	)		(3.3	)		(1.3	)		(2.0	)
Unrealized gains on securities		0.9			—			0.9			(0.1	)		—			(0.1	)
Adjustments to prior service cost and unrecognized actuarial assumptions		3.7			0.3			3.4			11.1			1.2			9.9
Total Other Comprehensive Gain/(Loss)	$	23.4		$	(4.5	)	$	27.9		$	2.6		$	21.7		$	(19.1	)

	Three Months Ended September 30, 2012									Nine Months Ended September 30, 2012
	Before Tax			Tax			Net of Tax			Before Tax			Tax			Net of Tax
Foreign currency cumulative translation adjustments	$	67.2		$	—		$	67.2		$	20.1		$	—		$	20.1
Unrealized cash flow hedge gains		(46.4	)		(10.5	)		(35.9	)		(15.7	)		(4.0	)		(11.7	)
Reclassification adjustments on foreign currency hedges		1.9			1.8			0.1			9.6			7.3			2.3
Unrealized gains on securities		0.3			—			0.3			0.6			—			0.6
Adjustments to prior service cost and unrecognized actuarial assumptions		1.9			(2.1	)		4.0			44.9			16.4			28.5
Total Other Comprehensive Gain/(Loss)	$	24.9		$	(10.8	)	$	35.7		$	59.5		$	19.7		$	39.8