Income Taxes From Continuing Operations (Tables)

12 Months Ended

Dec. 31, 2011

Income Taxes From Continuing Operations [Abstract]

Schedule Of Earnings From Continuing Operations Before Income Taxes

	2011		2010		2009
United States	$	1,168.1	$	1,006.3	$	476.6
International		1,279.8		1,223.3		849.5
Total	$	2,447.9	$	2,229.6	$	1,326.1

Schedule Of Provision For Income Taxes

	2011			2010			2009
Current:
Federal U.S.	$	(6.3	)	$	362.2		$	274.4
Non - U.S.		206.0			88.7			100.2
State and local		41.5			22.8			20.6
Deferred:
Federal U.S.		265.9			45.1			(41.8	)
Non - U.S.		(13.3	)		(12.4	)		(119.9	)
State and local		18.8			5.0			5.5
Income tax provision	$	512.6		$	511.4		$	239.0

Schedule Of Deferred Income Tax

	2011			2010
Deferred Tax Assets:
Allowance for doubtful accounts	$	70.9		$	46.1
Inventories		154.5			74.5
Pension and postretirement benefits		382.0			173.7
Environmental and regulatory compliance		35.5			30.8
Other accruals and prepayments		338.1			300.3
Stock compensation expense		114.6			97.9
Tax credit and loss carryforwards		864.0			787.1
Other		2.8			15.2
Valuation allowance		(316.6	)		(283.9	)
Total deferred tax asset		1,645.8			1,241.7
Deferred Tax Liabilities:
Property, plant and equipment		(258.5	)		(69.5	)
Insurance, including self – insurance		(108.9	)		(55.3	)
Basis difference in LYONs		(118.6	)		(151.3	)
Goodwill and other intangibles		(2,016.4	)		(1,098.1	)
Deferred service income		(174.7	)		(180.9	)
Unrealized gains on marketable securities		(56.8	)		(42.5	)
Total deferred tax liability		(2,733.9	)		(1,597.6	)
Net deferred tax liability	$	(1,088.1	)	$	(355.9	)

Reconciliation Of The Statutory Federal Income Tax Rate To The Effective Tax Rate

	Percentage of Pre-Tax Earnings
	2011			2010			2009
Statutory federal income tax rate		35.0	%		35.0	%		35.0	%
Increase (decrease) in tax rate resulting from:
State income taxes (net of Federal income tax benefit)		1.0			1.4			1.6
Foreign income taxed at lower rate than U.S. statutory rate		(12.8	)		(10.5	)		(12.7	)
Resolution of uncertain tax positions/statute expirations		(2.4	)		(0.6	)		(7.3	)
Acquisition costs		0.4			—			0.6
Research and experimentation credits and other		(0.3	)		(0.3	)		0.8
Joint venture formation		—			(2.1	)		—
Effective income tax rate		20.9	%		22.9	%		18.0	%

Reconciliation Of Unrecognized Tax Benefits

	2011			2010			2009
Unrecognized tax benefits, beginning of year	$	517.5		$	439.3		$	446.9
Additions based on tax positions related to the current year		46.6			62.2			33.4
Additions for tax positions of prior years		77.1			101.8			82.3
Reductions for tax positions of prior years		(59.7	)		(50.0	)		(11.8	)
Acquisitions		85.5			5.7			3.0
Lapse of statute of limitations		(124.3	)		(32.8	)		(104.5	)
Settlements		(21.2	)		(4.9	)		(21.6	)
Effect of foreign currency translation		(3.2	)		(3.8	)		11.6
Unrecognized tax benefits, end of year	$	518.3		$	517.5		$	439.3