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DEBT (Tables)
3 Months Ended
Mar. 31, 2013
Debt Disclosure [Abstract]  
Components of long-term debt
The components of long-term debt were as follows: 
(Dollars in millions)
 
March 31, 2013
 
December 31, 2012
Principal Value:
 
 

 
 

3.50% Notes due 2014
 
$
500.0

 
$
500.0

4.90% Notes due 2019
 
700.0

 
700.0

5.90% Notes due 2039
 
300.0

 
300.0

Sub-total
 
1,500.0

 
1,500.0

Adjustments to Principal Value:
 
 

 
 

Unamortized basis adjustment for terminated interest rate swaps
 
23.7

 
26.0

Unamortized bond discount
 
(2.6
)
 
(2.8
)
Long-term debt
 
$
1,521.1

 
$
1,523.2

Components of interest expense-net
The components of interest expense-net were as follows: 
 
 
Three Months Ended March 31,
(In millions)
 
2013
 
2012
Interest expense
 
$
16.0

 
$
16.2

Interest income
 
(1.8
)
 
(1.7
)
Interest expense-net
 
$
14.2

 
$
14.5