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EQUITY (Tables)
6 Months Ended
Jun. 30, 2015
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, 2015
 
207.2

 
4.9

 
$
362.6

Stock-based compensation
 
0.5

 

 

Balance as of June 30, 2015
 
207.7

 
4.9

 
$
362.6

 
 
 
 
 
 
 
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

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, 2015
 
$
(180.4
)
 
$
(17.8
)
 
$
(0.7
)
 
$
(198.9
)
 
$
1.9

 
$
(21.6
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  Deferred Gains/(Losses)
 
(48.4
)
 
9.3

 
 
 
(39.1
)
 
0.1

(1
)
(1.3
)
(1
)
  Reclassification Adjustment for (Gains)/Losses Included in Net Earnings
 
 
 
(7.8
)
 
 
 
(7.8
)
 
 
 
 
 
  Tax Benefit/(Expense)
 
0.1

 
1.1

 
 
 
1.2

 
 
 
 
 
Acquisition of Noncontrolling Interest
 
(11.5
)
 
 
 
 
 
(11.5
)
 
(11.4
)
 
22.9

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance as of June 30, 2015
 
$
(240.2
)
 
$
(15.2
)
 
$
(0.7
)
 
$
(256.1
)
 
$
(9.4
)
 
$

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance as of January 1, 2014
 
$
(83.6
)
 
$
15.4

 
$
(1.0
)
 
$
(69.2
)
 
$
1.9

 
$
(14.4
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  Deferred Gains/(Losses)
 
(21.5
)
 
(70.3
)
(2)
 
 
(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/(Expense)
 
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
)
 
Schedule of Reclassification Adjustments out of AOCI
 
Three Months Ended June 30, 2015
 
Affected Statement of Earnings Lines
 
 
 
 
(In millions)
Cost of Products Sold
 
Tax Benefit/(Expense)
 
Net
 
2015
 
2014
 
2015
 
2014
 
2015
 
2014
Deferred Gains/(Losses) on Derivatives Qualifying as Hedges:
 
 
 
 
 
 
 
 
 
 
 
  Forward Exchange Contracts
$
6.8

 
$
1.9

 
$
(3.4
)
 
$
(0.6
)
 
$
3.4

 
$
1.3

  Commodity Contracts
(0.6
)
 
 
 
0.2

 
 
 
(0.4
)
 
 
  Interest Rate Forward Swap
(0.3
)
 
 
 
0.2

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


 
(0.1
)
Total Reclassifications
$
5.9

 
$
1.8

 
$
(3.0
)
 
$
(0.6
)
 
$
2.9

 
$
1.2

 
 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30, 2015
 
Affected Statement of Earnings Lines
 
 
 
 
(In millions)
Cost of Products Sold
 
Tax Benefit/(Expense)
 
Net
 
2015
 
2014
 
2015
 
2014
 
2015
 
2014
Deferred Gains/(Losses) on Derivatives Qualifying as Hedges:
 
 
 
 
 
 
 
 
 
 
 
  Forward Exchange Contracts
$
9.2

 
$
3.3

 
$
(4.0
)
 
$
(1.0
)
 
$
5.2

 
$
2.3

  Commodity Contracts
(0.7
)
 
 
 
0.3

 
 
 
(0.4
)
 
 
  Interest Rate Forward Swap
(0.7
)
 
 
 
0.3

 
 
 
(0.4
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Pension and Other Post-employment Benefit Plans:
 
 
 
 
 
 
 
 
 
 
 
  Prior Service Benefits
 
 
(0.2
)
 
 
 
 
 
 
 
(0.2
)
Total Reclassifications
$
7.8

 
$
3.1

 
$
(3.4
)
 
$
(1.0
)
 
$
4.4

 
$
2.1