Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2012

Financial Instruments [Abstract]

Balances and locations of derivatives

The following table provides the balances and locations of derivatives as of June 30, 2012:

	Asset			Liability
(In millions)	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Foreign exchange contracts	Other current assets		$  6.9	Other current liabilities		$  5.6
Commodity contracts				Other current liabilities		1.9
Commodity contracts				Long-term retirement benefits and other liabilities		.1
			$  6.9			$  7.6

The following table provides the balances and locations of derivatives as of December 31, 2011:

	Asset			Liability
(In millions)	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Foreign exchange contracts	Other current assets		$  6.5	Other current liabilities		$  15.7
Commodity contracts				Long-term retirement benefits and other liabilities		2.9
			$  6.5			$  18.6

Fair Value Hedges

		Three Months Ended						Six Months Ended
(In millions)	Location of Gain (Loss) in Income	June 30, 2012			July 2, 2011			June 30, 2012			July 2, 2011
Foreign exchange contracts	Cost of products sold		$    (.1	)		$     .1			$    (.6	)		$     .8
Foreign exchange contracts	Marketing, general and administrative expense		(9.7	)		(6.8	)		(1.4	)		(2.0	)
			$  (9.8	)		$  (6.7	)		$  (2.0	)		$  (1.2	)

Components of the gain (loss) recognized in accumulated other comprehensive loss on derivatives

	Three Months Ended						Six Months Ended
(In millions)	June 30, 2012			July 2, 2011			June 30, 2012			July 2, 2011
Foreign exchange contracts		$  (.7	)		$    (.6	)		$  (2.8	)		$    (.4	)
Commodity contracts		.2			(.4	)		(.8	)		(.6	)
		$  (.5	)		$  (1.0	)		$  (3.6	)		$  (1.0	)

Components of the gain (loss) reclassified from accumulated other comprehensive loss

		Three Months Ended						Six Months Ended
(In millions)	Location of Loss in Income	June 30, 2012			July 2, 2011			June 30, 2012			July 2, 2011
Foreign exchange contracts	Cost of products sold		$    (.1	)		$      –			$  (2.2	)		$   (.4	)
Commodity contracts	Cost of products sold		(.7	)		(.5	)		(1.7	)		(1.5	)
Interest rate contracts	Interest expense		(1.0	)		(1.0	)		(2.1	)		(1.9	)
			$  (1.8	)		$  (1.5	)		$  (6.0	)		$  (3.8	)