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EMPLOYEE STOCK BENEFIT PLANS (Tables)
12 Months Ended
Dec. 31, 2012
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of assumptions used in the valuations of stock options
 
 
 
2012
 
2011
 
2010
 
 
 
Black-Scholes
Model
 
Black-Scholes
Model
 
Black-Scholes
Model
Expected volatility
 
26.9
%
 
26.7
%
 
23.2
%
Risk-free interest rate
 
1.2
%
 
2.6
%
 
2.7
%
Dividend yield
 
1.6
%
 
1.7
%
 
1.8
%
Expected life
 
6.0 years

 
6.0 years

 
6.0 years

Schedule of stock option activity
 
 
Shares
(in thousands)
 
Weighted
Average
Exercise
Price of
Shares
 
Average
Remaining
Contractual
Term
(in years)
 
Aggregate
Intrinsic
Value
(in millions)
Balance—January 1, 2010
997
 
$
26.79

 
9.2
 
$
26.7

Granted
550
 
46.71

 
 
 
 
Exercised
(80)
 
26.96

 
 
 
$
2.1

Forfeited or expired
(63)
 
31.82

 
 
 
 
Balance—December 31, 2010
1,404
 
34.36

 
8.6
 
$
48.2

Granted
558
 
59.18

 
 
 
 
Exercised
(140)
 
31.65

 
 
 
$
5.2

Forfeited or expired
(33)
 
45.03

 
 
 
 
Balance—December 31, 2011
1,789
 
42.12

 
8.1
 
$
47.6

Granted
491
 
78.12

 
 
 
 
Exercised
(325)
 
35.60

 
 
 
$
11.6

Forfeited or expired
(53)
 
57.50

 
 
 
 
Balance—December 31, 2012
1,902
 
52.11

 
7.7
 
$
99.2

Vested—December 31, 2012
728
 
39.89

 
6.9
 
$
29.1

Vested and expected to vest—December 31, 2012
1,802
 
52.11

 
7.7
 
$
93.9

Summary of performance share awards activity
Grant Date
 
Performance Cycle
Measurement Date
 
Shares Granted
and Earned
(in thousands)
 
Weighted-
Average Grant-
Date Fair
Value
 
Performance
Shares
Outstanding at
December 31, 2012
March 2, 2012
 
Annually on 12/31
 
401
 
$
67.18

 
315
March 2, 2011
 
Annually on 12/31
 
273
 
$
57.08

 
149
February 24, 2010
 
Annually on 12/31
 
237
 
$
44.38

 
82
Summary of restricted stock unit activity
 
 
Shares
(in thousands)
 
Weighted-
Average Grant
Date Fair
Value
Nonvested restricted stock units—January 1, 2010
662

 
$
34.18

Granted
150

 
47.53

Vested
(172
)
 
42.16

Forfeited
(52
)
 
35.37

Nonvested restricted stock units—December 31, 2010
588

 
35.15

Granted
134

 
59.40

Vested
(170
)
 
44.44

Forfeited
(19
)
 
40.39

Nonvested restricted stock units—December 31, 2011
533

 
38.09

Granted
146

 
76.98

Vested
(146
)
 
32.28

Forfeited
(19
)
 
47.57

Nonvested restricted stock units—December 31, 2012
514

 
50.24

Summary of stock-based compensation expense by award type
 
Years Ended December 31,
(In millions)
2012
 
2011
 
2010
Stock options
$
7.5

 
$
5.9

 
$
3.8

Performance share awards
16.1

 
22.8

 
5.6

Restricted stock units
8.6

 
11.2

 
10.3

Total pre-tax stock-based compensation expense
$
32.2

 
$
39.9

 
$
19.7

Net tax benefit related to stock-based compensation expense
$
(9.8
)
 
$
(14.1
)
 
$
(6.8
)
Schedule of stock-based compensation expense recognized in the consolidated statements of earnings
 
 
Years Ended
December 31,
(Dollars in millions) 
2012
 
2011
 
2010
Cost of products sold
$
3.0

 
$
4.0

 
$
2.0

Selling, general and administrative
26.2

 
31.9

 
15.7

Research and development
3.0

 
4.0

 
2.0

Total stock-based compensation expense
$
32.2

 
$
39.9

 
$
19.7