EQUITY (Tables)

12 Months Ended

Dec. 31, 2014

Equity [Abstract]

Schedule of changes in common shares and treasury stock

Changes in common shares and treasury stock, including the impact of the retirement described above, were as follows:

(In millions)	Common Shares Issued		Treasury Stock		Treasury Stock - at Cost
Balance as of January 1, 2012	205.1		1.4		$	89.7
Stock-based compensation	0.9		0.2		15.2
Treasury stock purchases	—		1.9		139.7
Balance as of December 31, 2012	206.0		3.5		$	244.6
Stock-based compensation	0.8		0.2		18.9
Treasury stock purchases	—		1.1		88.4
Balance as of December 31, 2013	206.8		4.8		$	351.9
Stock-based compensation	1.0		0.1		7.9
Treasury stock purchases	—		0.6		52.9
Retirement of Treasury stock	(0.6	)	(0.6	)	(50.1		)
Balance as of December 31, 2014	207.2		4.9		$	362.6

Accumulated Other Comprehensive Income (Loss) [Line Items]

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

Changes in accumulated other comprehensive loss by component were as follows:

(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 December 31, 2013	$	(83.6	)	$	15.4		$	(1.0	)	$	(69.2	)	$	1.9				$	(14.4	)
Deferred Gains/(Losses)	(97.6		)	(52.9		)	—			(150.5		)	—					(7.2		)	(1	)
Reclassification Adjustment for   (Gains)/Losses Included in Net   Earnings	—			(1.2		)	0.3			(0.9		)	—					—
Tax Benefit/(Expense)	0.8			20.9			—			21.7			—					—
Balance as of December 31, 2014	$	(180.4	)	$	(17.8	)	$	(0.7	)	$	(198.9	)	$	1.9				$	(21.6	)
Balance as of January 1, 2013	$	(14.6	)	$	(4.1	)	$	0.3		$	(18.4	)	$	(0.2	)			$	—
Deferred Gains/(Losses)	(79.4		)	24.2			(1.1		)	(56.3		)	3.3			(1	)	(14.4		)	(1	)
Reclassification Adjustment for (Gains)/   Losses Included in Net Earnings	—			5.4			(0.2		)	5.2			—					—
Tax Benefit/(Expense)	10.4			(10.1		)	—			0.3			(1.2		)			—
Balance as of December 31, 2013	$	(83.6	)	$	15.4		$	(1.0	)	$	(69.2	)	$	1.9				$	(14.4	)

(1) Represents foreign currency translation adjustments.

Deferred losses on derivatives qualifying as hedges for the year ended December 31, 2014 included $64.4 million related to the change in the underlying position of the Company’s interest rate forward swaps intended to mitigate interest rate exposure associated with the 2044 Notes. These interest rate forward swaps were in a gain position with a fair value of $19.4 million at December 31, 2013. From December 31, 2013 through the Company’s settlement in May 2014, the fair value of these interest rate forward swaps declined $64.4 million, resulting in a loss position with a fair value of $45.0 million upon settlement.

Reclassification adjustments out of accumulated other comprehensive loss were as follows:

	Years Ended December 31,
	Affected Statement of Earnings Lines
(In millions)	Cost of Products Sold						Selling, General and Administrative					Tax Benefit/(Expense)					Net
	2014			2013			2014			2013		2014			2013		2014			2013
Deferred Gains/(Losses) on Derivatives Qualifying as Hedges:
Forward Exchange Contracts	$	2.0		$	(5.4	)	$	—		$	—	$	(0.6	)	$	1.6	$	1.4		$	(3.8	)
Commodity Contracts	0.1			—			—			—		—			—		0.1			—
Interest Rate Forward Swap	(0.9		)	—			—			—		—			—		(0.9		)	—
Pension and Other Post-employment Benefit Plans:
Prior Service Benefits	(0.1		)	0.1			(0.2		)	0.1		—			—		(0.3		)	0.2
Total Reclassifications	$	1.1		$	(5.3	)	$	(0.2	)	$	0.1	$	(0.6	)	$	1.6	$	0.3		$	(3.6	)