EMPLOYEE BENEFITS (Tables)

12 Months Ended

Dec. 31, 2011

EMPLOYEE BENEFITS

Schedule of changes in benefit obligations, plan assets, funded status and amounts recognized in the balance sheet

	Pension Benefits						Other Benefits
(In millions)	2011			2010			2011			2010
Beginning benefit obligations	$	312.4		$	309.5		$	24.4		$	20.7
Service cost—benefits earned during the year		3.5			2.9			0.9			1.0
Interest cost on projected benefit obligations		17.0			17.8			1.3			1.1
Actuarial assumptions losses		90.7			5.2			3.9			1.8
Plan amendments and other		—			—			—			(0.1	)
Settlements		(17.4	)		(21.4	)		—			—
Benefits paid		(2.2	)		(1.1	)		(0.2	)		(0.1	)
Exchange rate changes		(1.3	)		(0.5	)		(0.1	)		—
Benefit obligations at end of year	$	402.7		$	312.4		$	30.2		$	24.4
Beginning fair value of plan assets	$	269.4		$	209.1		$	—		$	—
Actual return on plan assets		22.0			27.7			—			—
Employer contributions		9.5			55.4			0.2			0.1
Settlements		(17.4	)		(21.4	)		—			—
Benefits paid		(2.2	)		(1.1	)		(0.2	)		(0.1	)
Exchange rate changes		(0.6	)		(0.3	)		—			—
Fair value of plan assets at end of year	$	280.7		$	269.4		$	—		$	—
Underfunded status at end of year	$	(122.0	)	$	(43.0	)	$	(30.2	)	$	(24.4	)
Amounts in the consolidated balance sheets include:
Other assets	$	5.0		$	4.3		$	—		$	—
Pension, post retirement and post employment liabilities		(127.0	)		(47.3	)		(30.2	)		(24.4	)
Balance in the consolidated balance sheet at end of year	$	(122.0	)	$	(43.0	)	$	(30.2	)	$	(24.4	)
Amounts in accumulated other comprehensive loss include:
Net actuarial loss	$	208.6		$	134.9		$	16.6		$	14.4
Prior service (benefit)		—			—			(0.6	)		(0.9	)
Transition obligation		0.3			0.4			—			—
Balance in accumulated other comprehensive loss at end of year	$	208.9		$	135.3		$	16.0		$	13.5
Accumulated benefit obligation	$	362.8		$	271.6		$	30.2		$	24.4

Schedule of accumulated benefit obligation in excess of plan assets

	Years Ended December 31,
(In millions)	2011		2010
Projected benefit obligation	$	399.0	$	298.6
Accumulated benefit obligation		369.9		267.9
Fair value of plan assets		241.6		227.4

Schedule of net periodic benefit cost

	Pension Benefits									Other Benefits
	Years Ended December 31,									Years Ended December 31,
(In millions)	2011			2010			2009			2011			2010			2009
Service cost—benefits earned during the period	$	3.5		$	2.9		$	2.4		$	0.9		$	1.0		$	0.7
Interest cost on projected benefit obligations		17.0			17.8			16.9			1.3			1.1			1.0
Expected return on plan assets		(18.2	)		(16.1	)		(15.9	)		—			—			—
Amortization of prior service (benefit)		—			—			—			(0.2	)		(0.2	)		(0.1	)
Amortization of net actuarial loss		3.3			3.0			1.4			1.7			1.2			0.8
Amortization of transition cost		0.1			—			—			—			—			—
Sub-total	$	5.7		$	7.6		$	4.8		$	3.7		$	3.1		$	2.4
Settlements		9.7			10.6			10.6			—			—			—
Total net periodic benefit cost	$	15.4		$	18.2		$	15.4		$	3.7		$	3.1		$	2.4

Schedule of net actuarial loss and prior service cost that will be amortized from accumulated other comprehensive income into net periodic benefit cost in 2012

(In millions)	Pension Benefits		Other Benefits
Amortization of net actuarial loss	$	5.3	$	1.9
Amortization of prior service (benefit)		—		(0.2	)
Amortization of transition cost		0.1		—
	$	5.4	$	1.7

Schedule of weighted-average assumptions used to determine benefit obligations and net periodic benefit cost

      Weighted-average assumptions used to determine benefit obligations are established as of the balance sheet date and were as follows:

	Pension Benefits				Other Benefits
	December 31,				December 31,
	2011		2010		2011		2010
Discount rate		4.00%		5.59%		4.28%		5.28%
Rate of compensation increase		4.03%		4.02%		3.95%		3.94%

       Weighted-average assumptions used to determine net periodic benefit cost are established at the beginning of the plan year and were as follows:

	Pension Benefits						Other Benefits
	Years Ended December 31,						Years Ended December 31,
	2011		2010		2009		2011		2010		2009
Discount rate		5.59%		5.88%		7.08%		5.28%		5.53%		7.28%
Expected long term return on plan assets		6.91%		7.38%		8.34%		—		—		—
Rate of compensation increase		4.02%		3.67%		3.72%		3.94%		3.53%		3.58%

Schedule of assumed health care cost trend rates

	December 31,
	2011		2010		2009
Health care cost trend rate assumed for next year		7.4%		7.9%		8.9%
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate)		5.0%		5.0%		4.5%
Year that the rate reaches the ultimate trend rate		2017		2017		2018

Schedule of effect of one-percentage-point change in assumed health care cost trend rates

(In millions)	1-Percentage-Point Increase		1-Percentage-Point Decrease
Effect on total of service and interest cost	$	—	$	—
Increase/(decrease) in post retirement benefit obligation		—		0.4

Schedule of fair values of the pension plan assets by asset category

	December 31, 2011						December 31, 2010
(In millions)	Total		Level 1		Level 2		Total		Level 1		Level 2
Cash and cash equivalents	$	14.0	$	14.0	$	—	$	41.0	$	40.0	$	1.0
Equity securities:
U.S. large-cap		11.0		—		11.0		16.0		—		16.0
U.S. mid-cap growth		3.2		—		3.2		4.8		—		4.8
U.S. small-cap growth		1.7		—		1.7		2.7		—		2.7
Emerging markets		2.3		—		2.3		4.6		—		4.6
Real estate investment trusts		12.7		—		12.7		16.6		—		16.6
International large-cap value		26.1		—		26.1		24.9		—		24.9
Hedge fund		14.0		—		14.0		—		—		—
Fixed income securities:
Government bonds		53.3		—		53.3		124.9		8.8		116.1
Corporate bonds		142.4		—		142.4		33.9		—		33.9
Total	$	280.7	$	14.0	$	266.7	$	269.4	$	48.8	$	220.6

Schedule of estimated future benefit payments expected to be paid

(In millions)	Pension Benefits		Other Benefits
2012	$	25.1	$	0.5
2013		28.2		0.8
2014		30.2		1.2
2015		30.5		1.5
2016		31.5		1.8
Years 2017 - 2021		146.5		11.5