Special (Gains) and Charges (Tables)

3 Months Ended

Mar. 31, 2013

Special (Gains) and Charges

Special (gains) and charges

	First Quarter Ended
	March 31
(millions)	2013			2012
Cost of sales
Restructuring charges	$	2.0		$	2.1
Recognition of Nalco inventory fair value step-up	—			73.9
Subtotal	2.0			76.0
Special (gains) and charges
Restructuring charges	18.5			26.5
Champion acquisition costs	7.8			—
Nalco merger and integration costs	3.8			14.9
Venezuela currency devaluation	23.4			—
Litigation related charges and other	(3.8		)	—
Subtotal	49.7			41.4
Operating income subtotal	51.7			117.4
Interest expense, net
Acquisition debt costs	2.2			—
Debt extinguishment costs	—			18.2
Subtotal	2.2			18.2
Net income attributable to noncontrolling interest
Venezuela currency devaluation	(0.5		)	—
Recognition of Nalco inventory fair value step-up	—			(4.5		)
Subtotal	(0.5		)	(4.5		)
Total special (gains) and charges	$	53.4		$	131.1

Restructuring charges and subsequent activity

	Combined Plan
	Employee
	Termination			Asset
(millions)	Costs			Disposals			Other			Total
2011 Activity:
Recorded expense and accrual	$	67.1		$	0.5		$	7.1		$	74.7
Cash payments	(22.5		)	—			(2.6		)	(25.1		)
Non-cash charges	—			(0.5		)	—			(0.5		)
Effect of foreign currency translation	(2.2		)	—			—			(2.2		)
Restructuring liability, December 31, 2011	42.4			—			4.5			46.9
2012 Activity:
Recorded expense and accrual	126.1			3.2			10.1			139.4
Cash payments	(62.0		)	—			(3.3		)	(65.3		)
Non-cash charges	—			(3.2		)	(3.9		)	(7.1		)
Effect of foreign currency translation	(0.7		)	—			—			(0.7		)
Restructuring liability, December 31, 2012	105.8			—			7.4			113.2
2013 Activity:
Recorded expense and accrual	9.7			1.6			9.5			20.8
Cash payments	(20.0		)	—			(9.3		)	(29.3		)
Non-cash charges	—			(1.6		)	(0.3		)	(1.9		)
Effect of foreign currency translation	0.1			—			—			0.1
Restructuring liability, March 31, 2013	$	95.6		$	—		$	7.3		$	102.9