Equity Method Investments (Tables)

3 Months Ended

Mar. 31, 2015

Equity Method Investments and Joint Ventures [Abstract]

Schedule of equity method investments

Equity method investments consist of the following:

	March 31, 2015		December 31, 2014
	(in millions)
Operating equity method investments	$	376.3	$	377.6
Non-operating equity method investments	477.2		483.9
Investments in and advances to affiliates	$	853.5	$	861.5

Schedule of combined results of operations and financial position for operating equity method investments

The combined results of operations and financial position for our operating equity method investments are summarized below:

	Three months ended   March 31,
	2015		2014
	(in millions)
Summarized statement of operations information:
Net sales	$	75.2	$	75.2
Net earnings	$	23.0	$	24.8
Equity in earnings of operating affiliates	$	9.7	$	15.8

	March 31, 2015		December 31, 2014
	(in millions)
Summarized balance sheet information:
Current assets	$	91.0	$	111.2
Noncurrent assets	137.2		130.5
Total assets	$	228.2	$	241.7
Current liabilities	$	25.8	$	39.4
Noncurrent liabilities	21.0		22.0
Equity	181.4		180.3
Total liabilities and equity	$	228.2	$	241.7

Schedule of combined results of operations and financial position for non-operating equity method investments

The combined results of operations and financial position of our non-operating equity method investments are summarized below:

	Three months ended   March 31,
	2015		2014
	(in millions)
Summarized statement of operations information:
Net sales	$	470.2	$	570.3
Net earnings	$	35.3	$	22.4
Equity in earnings of non-operating affiliates—net of taxes	$	14.9	$	3.5

	March 31, 2015		December 31, 2014
	(in millions)
Summarized balance sheet information:
Current assets	$	523.7	$	499.8
Noncurrent assets	281.5		298.2
Total assets	$	805.2	$	798.0
Current liabilities	$	287.9	$	290.7
Noncurrent liabilities	174.7		186.9
Equity	342.6		320.4
Total liabilities and equity	$	805.2	$	798.0