GUARANTOR CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

These Condensed Consolidated Financial Statements reflect GPHC and GPC (collectively “the Parent”); GPII (“the Subsidiary Issuer”); and the Subsidiary Guarantors, which consist of all material 100% owned subsidiaries of GPII other than its foreign subsidiaries. The nonguarantor subsidiaries are herein referred to as “Nonguarantor Subsidiaries.” Separate complete financial statements of the Subsidiary Guarantors are not presented because the guarantors are jointly and severally, fully and unconditionally liable under the guarantees.



	Three Months Ended September 30, 2011
In millions	Parent			Subsidiary Issuer			Combined Guarantor Subsidiaries			Combined Nonguarantor Subsidiaries			Consolidating Eliminations			Consolidated
Net Sales		$—			$879.9			$139.0			$120.6			($66.2	)		$1,073.3
Cost of Sales	—			747.7			125.5			112.3			(66.2		)	919.3
Selling, General and Administrative	—			59.8			9.2			6.8			—			75.8
Other Expense (Income), Net	—			0.6			0.6			(1.6		)	—			(0.4		)
Goodwill Impairment, Restructuring and Other Special Charges	—			76.9			—			19.4			—			96.3
(Loss) Income from Operations	—			(5.1		)	3.7			(16.3		)	—			(17.7		)
Interest Expense, Net	—			(34.4		)	—			(0.4		)	—			(34.8		)
Loss on Modification or Extinguishment of Debt	—			(1.3		)	—			—			—			(1.3		)
(Loss) Income before Income Taxes and Equity Income of Unconsolidated Entities	—			(40.8		)	3.7			(16.7		)	—			(53.8		)
Income Tax Benefit (Expense)	—			7.2			—			(1.6		)	—			5.6
(Loss) Income before Equity Income of Unconsolidated Entities	—			(33.6		)	3.7			(18.3		)	—			(48.2		)
Equity Income of Unconsolidated Entities	—			—			—			0.7			—			0.7
Equity in Net Earnings of Subsidiaries	(47.5		)	(13.9		)	(18.1		)	—			79.5			—
Net (Loss) Income		($47.5	)		($47.5	)		($14.4	)		($17.6	)		$79.5			($47.5	)



	Three Months Ended September 30, 2010
In millions	Parent		Subsidiary Issuer			Combined Guarantor Subsidiaries			Combined Nonguarantor Subsidiaries			Consolidating Eliminations			Consolidated
Net Sales		$—		$844.3			$132.1			$106.8			($40.4	)		$1,042.8
Cost of Sales	—		711.3			119.8			97.0			(40.4		)	887.7
Selling, General and Administrative	—		64.5			8.6			7.8			—			80.9
Other Income, Net	—		(4.1		)	—			(0.2		)	—			(4.3		)
Income from Operations	—		72.6			3.7			2.2			—			78.5
Interest Expense, Net	—		(43.7		)	—			(0.3		)	—			(44.0		)
Loss on Modification or Extinguishment of Debt	—		(6.5		)	—			—			—			(6.5		)
Income before Income Taxes and Equity Income of Unconsolidated Entities	—		22.4			3.7			1.9			—			28.0
Income Tax Expense	—		(7.9		)	(0.4		)	(2.7		)	—			(11.0		)
Income (Loss) before Equity Income of Unconsolidated Entities	—		14.5			3.3			(0.8		)	—			17.0
Equity Income of Unconsolidated Entities	—		—			—			0.6			—			0.6
Equity in Net Earnings of Subsidiaries	17.6		3.1			(0.8		)	—			(19.9		)	—
Net Income (Loss)		$17.6		$17.6			$2.5			($0.2	)		($19.9	)		$17.6



	Nine Months Ended September 30, 2011
In millions	Parent		Subsidiary Issuer			Combined Guarantor Subsidiaries			Combined Nonguarantor Subsidiaries			Consolidating Eliminations			Consolidated
Net Sales		$—		$2,568.1			$411.4			$361.4			($186.3	)		$3,154.6
Cost of Sales	—		2,165.0			367.5			330.8			(186.3		)	2,677.0
Selling, General and Administrative	—		206.3			27.4			22.0			—			255.7
Other (Income) Expense, Net	—		(1.0		)	0.6			(1.2		)	—			(1.6		)
Goodwill Impairment, Restructuring and Other Special Charges	—		76.9			—			19.4			—			96.3
Income (Loss) from Operations	—		120.9			15.9			(9.6		)	—			127.2
Interest Expense, Net	—		(109.5		)	—			(1.2		)	—			(110.7		)
Loss on Modification or Extinguishment of Debt	—		(2.1		)	—			—			—			(2.1		)
Income (Loss) before Income Taxes and Equity Income of Unconsolidated Entities	—		9.3			15.9			(10.8		)	—			14.4
Income Tax Expense	—		(2.6		)	—			(2.1		)	—			(4.7		)
Income (Loss) before Equity Income of Unconsolidated Entities	—		6.7			15.9			(12.9		)	—			9.7
Equity Income of Unconsolidated Entities	—		—			—			1.6			—			1.6
Equity in Net Earnings of Subsidiaries	11.3		4.6			(17.8		)	—			1.9			—
Net Income (Loss)		$11.3		$11.3			($1.9	)		($11.3	)		$1.9			$11.3



	Nine Months Ended September 30, 2010
In millions	Parent			Subsidiary Issuer			Combined Guarantor Subsidiaries			Combined Nonguarantor Subsidiaries			Consolidating Eliminations			Consolidated
Net Sales		$—			$2,496.7			$396.7			$318.4			($128.4	)		$3,083.4
Cost of Sales	—			2,121.2			351.2			289.7			(128.4		)	2,633.7
Selling, General and Administrative	—			187.4			26.3			23.0			—			236.7
Other Income, Net	—			(2.5		)	—			(0.5		)	—			(3.0		)
Goodwill Impairment, Restructuring and Other Special Charges	—			55.1			—			—			—			55.1
Income from Operations	—			135.5			19.2			6.2			—			160.9
Interest Expense, Net	—			(132.9		)	—			(1.1		)	—			(134.0		)
Loss on Modification or Extinguishment of Debt	—			(7.4		)	—			—			—			(7.4		)
(Loss) Income before Income Taxes and Equity Income of Unconsolidated Entities	—			(4.8		)	19.2			5.1			—			19.5
Income Tax Expense	—			(23.7		)	(0.4		)	(5.7		)	—			(29.8		)
(Loss) Income before Equity Income of Unconsolidated Entities	—			(28.5		)	18.8			(0.6		)	—			(10.3		)
Equity Income of Unconsolidated Entities	—			—			—			1.4			—			1.4
Equity in Net Earnings of Subsidiaries	(8.9		)	19.6			0.6			—			(11.3		)	—
Net (Loss) Income		($8.9	)		($8.9	)		$19.4			$0.8			($11.3	)		($8.9	)



	September 30, 2011
In millions	Parent		Subsidiary Issuer		Combined Guarantor Subsidiaries			Combined Nonguarantor Subsidiaries			Consolidating Eliminations			Consolidated

ASSETS

Current Assets:
Cash and Cash Equivalents		$—		$130.9		$—			$26.2			$—			$157.1
Receivables, Net	—		303.1		54.6			82.8			—			440.5
Inventories, Net	—		356.3		67.2			70.0			—			493.5
Intercompany	16.7		138.7		(94.1		)	(61.3		)	—			—
Other Current Assets	—		65.9		0.8			2.8			—			69.5
Total Current Assets	16.7		994.9		28.5			120.5			—			1,160.6
Property, Plant and Equipment, Net	—		1,442.9		110.5			59.1			(0.2		)	1,612.3
Investment in Consolidated Subsidiaries	971.5		227.6		(22.5		)	138.8			(1,315.4		)	—
Goodwill	—		1,108.0		—			13.6			—			1,121.6
Intangible Assets, Net	—		536.3		—			9.7			—			546.0
Other Assets	—		31.9		0.1			13.5			—			45.5
Total Assets		$988.2		$4,341.6		$116.6			$355.2			($1,315.6	)		$4,486.0

LIABILITIES

Current Liabilities:
Short-Term Debt and Current Portion of Long-Term Debt		$—		$9.9		$—			$9.5			$—			$19.4
Accounts Payable	—		291.7		44.1			46.4			—			382.2
Interest Payable	—		35.8		—			—			—			35.8
Other Accrued Liabilities	—		156.9		7.1			15.3			—			179.3
Total Current Liabilities	—		494.3		51.2			71.2			—			616.7
Long-Term Debt	—		2,343.9		—			0.4			—			2,344.3
Deferred Income Tax Liabilities	—		237.6		—			2.5			—			240.1
Other Noncurrent Liabilities	—		294.3		—			2.4			—			296.7
Total Liabilities	—		3,370.1		51.2			76.5			—			3,497.8

SHAREHOLDERS’ EQUITY
Total Shareholders’ Equity	988.2		971.5		65.4			278.7			(1,315.6		)	988.2
Total Liabilities and Shareholders’ Equity		$988.2		$4,341.6		$116.6			$355.2			($1,315.6	)		$4,486.0



	December 31, 2010
In millions	Parent		Subsidiary Issuer		Combined Guarantor Subsidiaries			Combined Nonguarantor Subsidiaries			Consolidating Eliminations			Consolidated

ASSETS

Current Assets:
Cash and Cash Equivalents		$—		$107.1		$—			$31.6			$—			$138.7
Receivables, Net	—		266.1		46.0			70.1			—			382.2
Inventories, Net	—		315.8		55.2			46.3			—			417.3
Intercompany	8.8		144.0		(103.3		)	(49.5		)	—			—
Other Current Assets	—		69.4		1.0			5.0			—			75.4
Total Current Assets	8.8		902.4		(1.1		)	103.5			—			1,013.6
Property, Plant and Equipment, Net	—		1,460.0		119.5			62.2			(0.2		)	1,641.5
Investment in Consolidated Subsidiaries	738.2		220.8		0.8			129.6			(1,089.4		)	—
Goodwill	—		1,170.7		—			34.5			—			1,205.2
Intangible Assets, Net	—		564.9		—			11.7			—			576.6
Other Assets	—		35.3		0.2			12.2			—			47.7
Total Assets		$747.0		$4,354.1		$119.4			$353.7			($1,089.6	)		$4,484.6

LIABILITIES

Current Liabilities:
Short-Term Debt and Current Portion of Long-Term Debt		$—		$18.9		$—			$7.1			$—			$26.0
Accounts Payable	—		281.6		38.0			41.9			—			361.5
Interest Payable	—		28.4		—			—			—			28.4
Other Accrued Liabilities	—		157.4		8.7			13.7			—			179.8
Total Current Liabilities	—		486.3		46.7			62.7			—			595.7
Long-Term Debt	—		2,552.2		—			0.9			—			2,553.1
Deferred Income Tax Liabilities	—		237.1		—			4.0			—			241.1
Other Noncurrent Liabilities	—		340.3		—			7.4			—			347.7
Total Liabilities	—		3,615.9		46.7			75.0			—			3,737.6

SHAREHOLDERS’ EQUITY
Total Shareholders’ Equity	747.0		738.2		72.7			278.7			(1,089.6		)	747.0
Total Liabilities and Shareholders’ Equity		$747.0		$4,354.1		$119.4			$353.7			($1,089.6	)		$4,484.6



	Nine Months Ended September 30, 2011
In millions	Parent			Subsidiary Issuer			Combined Guarantor Subsidiaries			Combined Nonguarantor Subsidiaries			Consolidating Eliminations			Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES:

Net Income (Loss)		$11.3			$11.3			($1.9	)		($11.3	)		$1.9			$11.3
Non-cash Items Included in Net Income (Loss):
Depreciation and Amortization	—			188.1			13.9			7.2			—			209.2
Goodwill Impairment Charge	—			76.9			—			19.4			—			96.3
Deferred Income Taxes	—			—			(0.7		)	—			—			(0.7		)
Amount of Postretirement Expense (Less) Greater Than Funding	—			(27.8		)	0.3			(3.2		)	—			(30.7		)
Equity in Net Earnings of Subsidiaries	(11.3		)	(4.6		)	17.8			—			(1.9		)	—
Other, Net	—			24.4			—			0.5			—			24.9
Changes in Operating Assets and Liabilities	—			(73.2		)	(25.1		)	(13.1		)	—			(111.4		)
Net Cash Provided by (Used in) Operating Activities	—			195.1			4.3			(0.5		)	—			198.9

CASH FLOWS FROM INVESTING ACTIVITIES:
Capital Spending	—			(97.9		)	(4.3		)	(6.2		)	—			(108.4		)
Acquisition of Business	—			(51.9		)	—			—			—			(51.9		)
Other, Net	(204.8		)	(2.8		)	—			—			204.8			(2.8		)
Net Cash (Used in) Provided by Investing Activities	(204.8		)	(152.6		)	(4.3		)	(6.2		)	204.8			(163.1		)

CASH FLOWS FROM FINANCING ACTIVITIES:
Net Proceeds from Issuance of Common Stock	237.7			—			—			—			—			237.7
Repurchase of Common Stock	(32.9		)	—			—			—			—			(32.9		)
Payments on Debt	—			(223.3		)	—			—			—			(223.3		)
Borrowings under Revolving Credit Facilities	—			30.0			—			45.2			—			75.2
Payments on Revolving Credit Facilities	—			(30.0		)	—			(43.3		)	—			(73.3		)
Other, Net	—			204.6			—			—			(204.8		)	(0.2		)
Net Cash Provided by (Used in) Financing Activities	204.8			(18.7		)	—			1.9			(204.8		)	(16.8		)

Effect of Exchange Rate Changes on Cash	—			—			—			(0.6		)	—			(0.6		)
Net Increase (Decrease) in Cash and Cash Equivalents	—			23.8			—			(5.4		)	—			18.4
Cash and Cash Equivalents at Beginning of Period	—			107.1			—			31.6			—			138.7
CASH AND CASH EQUIVALENTS AT END OF PERIOD		$—			$130.9			$—			$26.2			$—			$157.1



	Nine Months Ended September 30, 2010
In millions	Parent			Subsidiary Issuer			Combined Guarantor Subsidiaries			Combined Nonguarantor Subsidiaries			Consolidating Eliminations			Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (Loss) Income		($8.9	)		($8.9	)		$19.4			$0.8			($11.3	)		($8.9	)
Non-cash Items Included in Net (Loss) Income:
Depreciation and Amortization	—			198.9			12.5			6.6			—			218.0
Deferred Income Taxes	—			23.8			0.6			—			—			24.4
Amount of Postretirement Expense Less Than Funding	—			(13.1		)	—			(1.7		)	—			(14.8		)
Equity in Net Earnings of Subsidiaries	8.9			(19.6		)	(0.6		)	—			11.3			—
Other, Net	—			31.3			—			—			—			31.3
Changes in Operating Assets and Liabilities	—			(47.0		)	(29.9		)	(4.1		)	—			(81.0		)
Net Cash Provided by Operating Activities	—			165.4			2.0			1.6			—			169.0

CASH FLOWS FROM INVESTING ACTIVITIES:
Capital Spending	—			(66.6		)	(2.0		)	(5.3		)	—			(73.9		)
Other, Net	—			1.5			—			—			—			1.5
Net Cash Used in Investing Activities	—			(65.1		)	(2.0		)	(5.3		)	—			(72.4		)

CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from Issuance or Modification of Debt	—			29.4			—			—			—			29.4
Payments on Debt	—			(101.7		)	—			—			—			(101.7		)
Borrowings under Revolving Credit Facilities	—			82.4			—			44.0			—			126.4
Payments on Revolving Credit Facilities	—			(82.4		)	—			(42.2		)	—			(124.6		)
Redemption and Early Tender Premiums and Debt Issuance Costs	—			(10.2		)	—			—			—			(10.2		)
Net Cash (Used in) Provided by Financing Activities	—			(82.5		)	—			1.8			—			(80.7		)

Effect of Exchange Rate Changes on Cash	—			—			—			0.6			—			0.6
Net Increase in Cash and Cash Equivalents	—			17.8			—			(1.3		)	—			16.5
Cash and Cash Equivalents at Beginning of Period	—			124.3			—			25.5			—			149.8
CASH AND CASH EQUIVALENTS AT END OF PERIOD		$—			$142.1			$—			$24.2			$—			$166.3