Special (Gains) and Charges (Tables)

9 Months Ended

Sep. 30, 2012

Special (Gains) and Charges

Special (gains) and charges

	Third Quarter Ended					Nine Months Ended
	September 30					September 30
(millions)	2012			2011		2012			2011
Cost of sales
Restructuring charges	$	1.7		$	4.5	$	9.6		$	5.3
Recognition of Nalco inventory fair value step-up	1.5			—		72.7			—
Subtotal	3.2			4.5		82.3			5.3
Special (gains) and charges
Restructuring charges	20.8			12.6		73.2			52.8
Champion acquisition costs	3.8			—		3.8			—
Nalco merger and integration costs	16.4			10.3		47.0			10.3
Gain on sale of business	(13.0		)	—		(13.0		)	—
Business structure and optimization	—			0.3		—			1.2
Cleantec acquisition integration costs	—			0.1		—			3.7
Subtotal	28.0			23.3		111.0			68.0
Operating income subtotal	31.2			27.8		193.3			73.3
Interest expense, net
Debt extinguishment costs	—			—		18.2			—
Net income attributable to noncontrolling interest
Recognition of Nalco inventory fair value step-up	—			—		(4.5		)	—
Total special (gains) and charges	$	31.2		$	27.8	$	207.0		$	73.3

Restructuring charges and subsequent activity

	2011 Restructuring Plan												Merger Restructuring Plan
	Employee												Employee
	Termination			Asset									Termination			Asset
(millions)	Costs			Disposals			Other			Subtotal			Costs			Disposals			Other			Subtotal			Total
2011 Activity:
Recorded expense and accrual	$	60.5		$	0.5		$	7.1		$	68.1		$	6.6		$	—		$	—		$	6.6		$	74.7
Cash payments	(22.2		)	—			(2.6		)	(24.8		)	(0.3		)	—			—			(0.3		)	(25.1		)
Non-cash charges	—			(0.5		)	—			(0.5		)	—			—			—			—			(0.5		)
Effect of foreign currency translation	(2.2		)	—			—			(2.2		)	—			—			—			—			(2.2		)
Restructuring liability, December 31, 2011	36.1			—			4.5			40.6			6.3			—			—			6.3			46.9
2012 Activity:
Recorded expense and accrual	41.3			—			1.5			42.8			35.4			1.8			2.7			39.9			82.7
Cash payments	(21.5		)	—			(5.2		)	(26.7		)	(15.0		)	—			(1.6		)	(16.6		)	(43.3		)
Non-cash charges	—			—			(0.8		)	(0.8		)	—			(1.6		)	—			(1.6		)	(2.4		)
Effect of foreign currency translation	(2.4		)	—			—			(2.4		)	—			—			—			—			(2.4		)
Restructuring liability, September 30, 2012	$	53.5		$	—		$	—		$	53.5		$	26.7		$	0.2		$	1.1		$	28.0		$	81.5