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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 161.4 $ 178.0
Trade accounts receivable, less allowances of $44.0and $43.3 at June 30, 2012 and December 31, 2011, respectively 982.0 877.1
Inventories, net 521.6 475.1
Current deferred and refundable income taxes 114.1 117.4
Assets held for sale 511.2 454.9
Other current assets 111.5 116.3
Total current assets 2,401.8 2,218.8
Property, plant and equipment 2,825.7 2,868.0
Accumulated depreciation (1,813.4) (1,788.6)
Property, plant and equipment, net 1,012.3 1,079.4
Goodwill 751.6 759.3
Other intangibles resulting from business acquisitions, net 145.9 161.2
Non-current deferred income taxes 307.5 322.3
Other assets 438.8 431.7
Total assets 5,057.9 4,972.7
Current liabilities:    
Short-term borrowings and current portion of long-term debt 671.5 227.1
Accounts payable 787.3 736.5
Current deferred and payable income taxes 60.4 81.8
Liabilities held for sale 165.0 154.5
Other current liabilities 438.1 447.2
Total current liabilities 2,122.3 1,647.1
Long-term debt 703.2 954.2
Long-term retirement benefits and other liabilities 531.0 587.1
Non-current deferred and payable income taxes 130.9 125.8
Commitments and contingencies (see Note 15)      
Shareholders' equity:    
Common stock, $1 par value, authorized - 400,000,000 shares at June 30, 2012 and December 31, 2011; issued - 124,126,624 shares at June 30, 2012 and December 31, 2011; outstanding - 102,339,587 shares and 106,269,919 shares at June 30, 2012 and December 31, 2011, respectively 124.1 124.1
Capital in excess of par value 785.5 778.6
Retained earnings 1,859.4 1,810.5
Treasury stock at cost, 21,772,037 shares and 17,841,705 shares at June 30, 2012 and December 31, 2011, respectively (904.9) (791.5)
Accumulated other comprehensive loss (293.6) (263.2)
Total shareholders' equity 1,570.5 1,658.5
Total liabilities and shareholders' equity $ 5,057.9 $ 4,972.7