Shareholders' Equity

9 Months Ended

Sep. 30, 2011

Shareholders' Equity [Abstract]

Shareholders' Equity

(11) Shareholders’ Equity

The components of Comprehensive (Loss) Income, net of tax, were as follows:

	3 Months Ended					9 Months Ended
	September 30,					September 30,
	2011			2010		2011			2010
Net earnings	$	79.6		$	51.3	$	188.0		$	86.8
Other comprehensive income:
Foreign currency translation (loss) gain		(93.6	)		112.2		(24.6	)		(14.5	)
Unrealized (loss) gain on investments		(1.1	)		1.7		(0.7	)		1.1
Defined benefit pension plans		0.3			0.5		1.4			1.0
Retiree health care plan		-			-		-			(0.1	)
Comprehensive (loss) income	$	(14.8	)	$	165.7	$	164.1		$	74.3

The components of Accumulated Other Comprehensive Income, net of tax, were as follows:

	September 30, 2011			December 31, 2010
Foreign currency translation gain	$	72.0		$	96.6
Unrealized gain on investments		7.3			8.0
Defined benefit pension plans		(17.7	)		(19.1	)
Retiree health care plan		1.5			1.5
Accumulated other comprehensive income	$	63.1		$	87.0

In November 2011, the Board of Directors authorized the repurchase of an additional 3.0 million shares of our common stock. This authorization was in addition to the 2010 authorization to repurchase 3.0 million shares of our common stock and the 2007 authorization to repurchase 5.0 million shares of our common stock, not to exceed a total purchase price of $400.0. Share repurchases may be made from time to time through a variety of methods, including open market purchases, block transactions, privately negotiated transactions, accelerated share repurchase programs, forward repurchase agreements or similar facilities. During the first nine months of 2011, we repurchased a total of 923,200 shares, composed of 236,790 shares under the 2007 authorization and 686,410 shares under the 2010 authorization. As of the third quarter of 2011, there were no shares remaining under the 2007 authorization. Under the 2010 authorization, there were 2.3 million shares remaining authorized for repurchase as of September 30, 2011.

On May 3, 2011, the Board of Directors declared a cash dividend of $0.40 per share, which was paid on June 15, 2011 to shareholders of record on June 1, 2011.

On November 3, 2011, the Board of Directors declared a cash dividend of $0.40 per share, which is payable on December 15, 2011 to shareholders of record on December 5, 2011.