Equity

12 Months Ended

Dec. 31, 2012

Equity [Abstract]

Equity

20. Equity

Earnings per Share Calculation

Basic netincome per share is computed using the weighted-average number of outstanding shares of common stock during the measurement period. Diluted net income per share is computed using the weighted-average number of outstanding shares of common stock and, when dilutive, potential outstanding shares of common stock during the measurement period.

Subject to preferences that may apply to shares of preferred stock outstanding at the time, holders of the Company's outstanding common stock are entitled to any dividend declared by the Board of Directors out of funds legally available for this purpose. No dividend may be declared on the Class A or Class B common stock unless at the same time an equal dividend is paid on every share of Class A and Class B common stock. Dividends paid in shares of the Company's common stock must be paid, with respect to a particular class of common stock, in shares of that class. The Company does not intend to pay cash dividends on its common stock. In addition, the terms of the Company's current financing agreements preclude it from paying any cash dividends on its common stock.

The following table sets forth the computation of basic and diluted earnings per share:

	For the Twelve Months Ended
	December 31, 2012					December 31, 2011					December 31, 2010
	Income		Shares		Per Share Amount	Income		Shares		Per Share Amount	Income		Shares		Per Share Amount
Basic EPS
Income available to common shareholders	$	34.4	140.7	$	0.24	$	189.2	139.2	$	1.36	$	215.8	137.9	$	1.56
Income allocated to participating securities		0.4	1.5				3.2	2.3				3.1	2.0
Net income	$	34.8				$	192.4				$	218.9
Diluted potential common shares			0.5					0.8					1.1
Diluted EPS
Net income	$	34.8	142.7	$	0.24	$	192.4	142.3	$	1.35	$	218.9	141.0	$	1.55

The balance of outstanding common shares presented in the consolidated statement of shareholders' equity was 143.7 million, 142.9 million and 142.1 million at December 31, 2012, December 31, 2011 and December 31, 2010, respectively. Included in the outstanding common shareswere 2.7 million, 2.6 million and 2.9 million issued but unvested shares at December 31, 2012, December 31, 2011 and December 31, 2010, which are excluded from the basic EPS calculation.

Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Loss is summarized by component as follows:

	December 31, 2012		December 31, 2011
Interest rate swaps	$	-	$	(2.8)
Foreign currency hedges		-		(0.1)
Pension		(132.0)		(91.5)
SERP/ Retiree medical		(2.6)		(12.7)
Foreign currency impact on long term intercompany loan		(3.5)		(5.7)
Currency translation adjustment		(7.1)		(13.4)
Total accumulated other comprehensive loss	$	(145.2)	$	(126.2)

Noncontrolling Interest

Noncontrolling interest at December 31, 2012 remained unchanged from the prior year at $0.5.