Special (Gains) and Charges (Tables)

6 Months Ended

Jun. 30, 2013

Restructuring Reserve:

Special (gains) and charges

	Second Quarter Ended					Six Months Ended
	June 30					June 30
(millions)	2013		2012			2013			2012
Cost of sales
Restructuring charges	$	1.6	$	5.8		$	3.6		$	7.9
Recognition of Champion inventory fair value step-up	13.6		—			13.6			—
Recognition of Nalco inventory fair value step-up	—		(2.7		)	—			71.2
Subtotal	15.2		3.1			17.2			79.1
Special (gains) and charges
Restructuring charges	45.0		25.9			63.5			52.4
Champion acquisition and integration costs	24.0		—			31.8			—
Nalco merger and integration costs	4.4		15.7			8.2			30.6
Venezuela currency devaluation	—		—			23.4			—
Litigation related charges and other	0.2		—			(3.6		)	—
Subtotal	73.6		41.6			123.3			83.0
Operating income subtotal	88.8		44.7			140.5			162.1
Interest expense, net
Acquisition debt costs	0.3		—			2.5			—
Debt extinguishment costs	—		—			—			18.2
Subtotal	0.3		—			2.5			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	$	89.1	$	44.7		$	142.5		$	175.8

Energy Restructuring Plan

Restructuring Reserve:

Restructuring charges and subsequent activity

	Energy Restructuring Plan
(millions)	Employee Termination Costs			Asset Disposals		Other		Total
2013 Activity:
Recorded expense and accrual	$	12.2		$	—	$	—	$	12.2
Cash payments	(10.4		)	—		—		(10.4		)
Effect of foreign currency translation	—			—		—		—
Restructuring liability, June 30, 2013	$	1.8		$	—	$	—	$	1.8

Combined Restructuring Plan

Restructuring Reserve:

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	43.0			1.5			10.7			55.2
Cash payments	(53.1		)	—			(9.3		)	(62.4		)
Non-cash charges	—			(1.5		)	(0.5		)	(2.0		)
Effect of foreign currency translation	—			—			—			—
Restructuring liability, June 30, 2013	$	95.7		$	—		$	8.3		$	104.0