Consolidated Income Statements (Unaudited) (USD $) In Millions, except Per Share data	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Consolidated Income Statements [Abstract]
Revenues	$ 1,368.9	$ 1,336.7	$ 2,646.6	$ 2,565.3
Cost of sales	907.1	895.0	1,750.8	1,716.1
Selling and administrative expenses	259.7	255.6	510.6	500.4
Equity in (income) of Apex Tool Group, LLC	(14.4)		(28.9)
Loss related to contribution of net assets to Apex Tool Group, LLC		134.5		134.5
Restructuring charges		3.0		6.5
Operating earnings	216.5	48.6	414.1	207.8
Interest expense, net	17.1	11.5	33.4	23.9
Income from continuing operations before income taxes	199.4	37.1	380.7	183.9
Income tax expense (benefit)	38.0	(4.5)	63.5	23.7
Income from continuing operations	161.4	41.6	317.2	160.2
Income related to discontinued operations, net of income taxes			190.3
Net income	$ 161.4	$ 41.6	$ 507.5	$ 160.2
Basic:
Income from continuing operations	$ 0.98	$ 0.25	$ 1.92	$ 0.96
Income from discontinued operations			$ 1.15
Net income	$ 0.98	$ 0.25	$ 3.07	$ 0.96
Diluted:
Income from continuing operations	$ 0.96	$ 0.25	$ 1.89	$ 0.95
Income from discontinued operations			$ 1.14
Net income	$ 0.96	$ 0.25	$ 3.03	$ 0.95
Cash dividends declared per common share	$ 0.29	$ 0.27	$ 0.58	$ 0.54