Equity (Tables)

6 Months Ended

Jun. 30, 2011


	Total number		Average price
	of shares		paid		Total cash
	purchased		per share¹		utilized
Three months ended June 30, 2011		4.4	$	40.10	$	176.7
Six months ended June 30, 2011		7.7	$	38.96	$	300.3
Three and six months ended June 30, 2010		6.5	$	28.76	$	186.9


¹		In June of 2011, we repurchased approximately 2.5 million shares under our 2007 Repurchase Program from the holdings of the Harold W. McGraw, Jr. Trust (the “Trust”) and the Harold W. McGraw, Jr. Family Foundation, Inc., a Connecticut non-stock corporation (the “Foundation”). The shares were purchased at a discount of 1.375% from the June 23, 2011 New York Stock Exchange closing price through a private transaction with the trustees of the Trust and the Board of Directors of the Foundation. We repurchased these shares with cash for $97.0 million. Without this discounted repurchase, the average price paid per share for the three and six months ended June 30, 2011 would have been $40.83 and $38.70, respectively. The transaction was approved by the Nomination and Corporate Governance and Financial Policy Committees of our Board of Directors and we received independent financial and legal advice for this transaction.

Reconciliation of net income to comprehensive income


	Three Months						Six Months
	2011			2010			2011			2010
Net income	$	215.8		$	194.2		$	340.0		$	301.2
Other comprehensive income, net of tax:
Foreign currency translation adjustment		4.9			(11.8	)		33.8			(20.0	)
Pension and other postretirement benefit plans		10.3			6.6			14.5			8.8
Unrealized loss on investment and forward exchange contracts		(2.4	)		(0.7	)		(6.1	)		(0.2	)

Comprehensive income		228.6			188.3			382.2			289.8
Less: comprehensive income attributable to NCI		(5.0	)		(3.4	)		(10.5	)		(9.2	)

Comprehensive income attributable to the Company	$	223.6		$	184.9		$	371.7		$	280.6

- Definition

Tabular disclosure of components of comprehensive income (loss) including, but not limited to: (a) foreign currency translation adjustments; (b) gains (losses) on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (c) gains (losses) on intercompany foreign currency transactions that are of a long-term-investment nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; (d) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (e) unrealized holding gains (losses) on available-for-sale securities and that resulting from transfers of debt securities from the held-to-maturity category to the available-for-sale category; (f) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (g) the net gain (loss) and net prior service cost or credit for pension plans and other postretirement benefit plans.

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- Definition

Tabular disclosure of an entity's treasury stock, including the average cost per share, carrying basis for each class of treasury stock, description of share repurchase program authorized by an entity's board of directors, the number of shares repurchased, the cost of the shares repurchased, the remaining maximum dollar value of shares available for repurchase under the program, the treatment of the purchase price in excess of the current market value, number of shares held for each class of treasury stock, and other information necessary to a fair presentation.

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