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EQUITY (Tables)
6 Months Ended
Jun. 30, 2014
Equity [Abstract]  
Schedule of changes in common shares and treasury stock
Changes in common shares and treasury stock were as follows: 
(In millions)
 
Common Shares
Issued
 
Treasury Stock
 
Cost of Treasury
Stock
Balance as of January 1, 2014
 
206.8

 
4.8

 
$
351.9

Stock-based compensation
 
0.7

 
0.1

 
7.8

Treasury stock purchases
 

 
0.4

 
29.0

Balance as of June 30, 2014
 
207.5

 
5.3

 
$
388.7

 
 
 
 
 
 
 
Balance as of January 1, 2013
 
206.0

 
3.5

 
$
244.6

Stock-based compensation
 
0.7

 
0.2

 
17.7

Treasury stock purchases
 

 
0.6

 
42.9

Balance as of June 30, 2013
 
206.7

 
4.3

 
$
305.2

Schedule of Changes in Accumulated Other Comprehensive Income by Component
(In millions)
 
Foreign Currency Translation Adjustments
 
Deferred Gains/(Losses) on Derivatives Qualifying as Hedges
 
Pension and Other Post-employment Benefits
 
Total
 
Noncontrolling Interest
 
Redeemable Noncontrolling Interest
 
Balance as of January 1, 2014
 
$
(83.6
)
 
$
15.4

 
$
(1.0
)
 
$
(69.2
)
 
$
1.9

 
$
(14.4
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  Deferred Losses
 
(21.5
)
 
(70.3
)
 

 
(91.8
)
 
(0.4
)
(1
)
(6.0
)
(1
)
  Reclassification Adjustment for (Gains)/Losses Included in Net Earnings
 

 
(3.3
)
 
0.2

 
(3.1
)
 

 

 
  Tax Benefit
 
2.6

 
26.4

 

 
29.0

 
0.1

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance as of June 30, 2014
 
$
(102.5
)
 
$
(31.8
)
 
$
(0.8
)
 
$
(135.1
)
 
$
1.6

 
$
(20.4
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance as of January 1, 2013
 
$
(14.6
)
 
$
(4.1
)
 
$
0.3

 
$
(18.4
)
 
$
(0.2
)
 
$

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  Deferred Gains/(Losses)
 
(56.1
)
 
4.0

 

 
(52.1
)
 
3.0

(1
)
(8.8
)
(1
)
  Reclassification Adjustment for Losses Included in Net Earnings
 

 
6.2

 

 
6.2

 

 

 
  Tax Benefit/(Expense)
 
5.7

 
(2.8
)
 

 
2.9

 
(1.1
)
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance as of June 30, 2013
 
$
(65.0
)
 
$
3.3

 
$
0.3

 
$
(61.4
)
 
$
1.7

 
$
(8.8
)
 
Schedule of Reclassification Adjustments out of AOCI
 
 
Three Months Ended June 30,
 
 
Affected Statement of Earnings Lines
 
 
 
 
 
 
 
 
(In millions)
 
Cost of Products Sold
 
Tax Benefit/(Expense)
 
Net
 
 
2014
 
2013
 
2014
 
2013
 
2014
 
2013
Deferred Gains/(Losses) on Derivatives Qualifying as Hedges:
 
 
 
 
 
 
 
 
 
 
 
 
  Forward Exchange Contracts
 
$
1.9

 
$
(3.2
)
 
$
(0.6
)
 
$
0.9

 
$
1.3

 
$
(2.3
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Pension and Other Post-employment Benefit Plans:
 
 
 
 
 
 
 
 
 
 
 
 
  Prior Service Benefits
 
(0.1
)
 

 

 

 
(0.1
)
 

Total Reclassifications
 
$
1.8

 
$
(3.2
)
 
$
(0.6
)
 
$
0.9

 
$
1.2

 
$
(2.3
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30,
 
 
Affected Statement of Earnings Lines
 
 
 
 
 
 
 
 
(In millions)
 
Cost of Products Sold
 
Tax Benefit/(Expense)
 
Net
 
 
2014
 
2013
 
2014
 
2013
 
2014
 
2013
Deferred Gains/(Losses) on Derivatives Qualifying as Hedges:
 
 
 
 
 
 
 
 
 
 
 
 
  Forward Exchange Contracts
 
$
3.3

 
$
(6.2
)
 
$
(1.0
)
 
$
1.8

 
$
2.3

 
$
(4.4
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Pension and Other Post-employment Benefit Plans:
 
 
 
 
 
 
 
 
 
 
 
 
  Prior Service Benefits
 
(0.2
)
 

 

 

 
(0.2
)
 

Total Reclassifications
 
$
3.1

 
$
(6.2
)
 
$
(1.0
)
 
$
1.8

 
$
2.1

 
$
(4.4
)