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Consolidated Statements of Earnings and Comprehensive Income (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Net sales $ 3,224.5 $ 2,527.7 $ 2,258.1
Cost and expenses:      
Cost of goods sold 2,547.4 1,999.0 1,767.8
Selling and administrative expenses 376.6 310.5 274.3
Research and development expenses 28.7 23.2 16.4
Gain related to fire settlement (Note 7)     (27.0)
Other (income) expense, net (3.3) (1.1) 14.7
Earnings before interest and income taxes 275.1 196.1 211.9
Interest expense, net 21.2 8.3 9.0
Earnings before income taxes from continuing operations 253.9 187.8 202.9
Income tax expense (Note 8) 72.0 57.2 47.6
Income from continuing operations 181.9 130.6 155.3
Discontinued operations (Note 4)      
Income (loss) from discontinued operations (2.5) 16.3 (17.4)
Income tax (benefit) expense (0.9) 1.3 (6.7)
Income (loss) from discontinued operations (1.6) 15.0 (10.7)
Net income 180.3 145.6 144.6
Basic earnings (loss) per share attributable to common shares      
Income from continuing operations (in dollars per share) $ 2.93 [1] $ 2.12 [1] $ 2.53 [1]
Income (loss) from discontinued operations (in dollars per share) $ (0.02) [1] $ 0.24 [1] $ (0.17) [1]
Basic Earnings per share (in dollars per share) $ 2.91 [1] $ 2.36 [1] $ 2.36 [1]
Diluted earnings (loss) per share attributable to common shares      
Income from continuing operations (in dollars per share) $ 2.88 [1] $ 2.10 [1] $ 2.51 [1]
Income (loss) from discontinued operations (in dollars per share) $ (0.02) [1] $ 0.24 [1] $ (0.17) [1]
Diluted earnings per share (in dollars per share) $ 2.86 [1] $ 2.34 [1] $ 2.34 [1]
Comprehensive Income      
Net income 180.3 145.6 144.6
Other comprehensive income (loss)      
Change in foreign currency translation, net of tax (12.2) (5.9) 7.8
Change in accrued post-retirement benefit liability, net of tax 5.7 2.9 (2.6)
Loss on hedging activities, net of tax (0.4) (0.4) (0.4)
Other comprehensive income (loss) (6.9) (3.4) 4.8
Comprehensive income $ 173.4 $ 142.2 $ 149.4
[1] Earning per share calculated based on the two-class method. See Note 9 for detailed calculations.