DEBT (Tables)

6 Months Ended

Jun. 30, 2013

Debt Disclosure [Abstract]

Components of long-term debt

The components of long-term debt were as follows: 

(Dollars in millions)	June 30, 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	21.3			26.0
Unamortized bond discount	(2.4		)	(2.8		)
Long-term debt	$	1,518.9		$	1,523.2

Components of interest expense-net

The components of interest expense-net were as follows: 

	Three Months Ended June 30,						Six Months Ended June 30,
(In millions)	2013			2012			2013			2012
Interest expense	$	14.8		$	18.8		$	30.8		$	35.0
Interest income	(2.4		)	(1.2		)	(4.2		)	(2.9		)
Interest expense-net	$	12.4		$	17.6		$	26.6		$	32.1