Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2011

Financial Instruments

Summary of fair value of derivative instruments and the balance sheet classification

	December 31, 2011				December 31, 2010
	Balance Sheet Classification	Fair Value			Balance Sheet Classification	Fair Value
Derivative contracts designated as hedging instruments:
Commodity contracts	Other current assets	$	—		Other current assets	$	1.0
FX forward contracts	Accrued expenses	$	(0.4	)	Accrued expenses	$	(2.9	)
Commodity contracts	Accrued expenses		(0.8	)	—		—
		$	(1.2	)		$	(2.9	)
Derivative contracts not designated as hedging instruments:
FX forward contracts	Other current assets	$	—		Other current assets	$	0.5
FX embedded derivatives	Other current assets		1.2		Other current assets		2.6
		$	1.2			$	3.1
FX forward contracts	Accrued expenses	$	(0.4	)	Accrued expenses	$	(1.4	)
FX embedded derivatives	Accrued expenses		(0.3	)	Accrued expenses		(1.8	)
FX embedded derivatives	Other long-term liabilities		(14.8	)	Other long-term liabilities		(33.2	)
		$	(15.5	)		$	(36.4	)

Schedule of effect on AOCI and the Statements of Operations of derivative financial instruments in cash flow hedging relationships

	Amount of gain (loss) recognized in AOCI, pre-tax(1)										Amount of gain (loss) reclassified from AOCI to income, pre-tax(1)
										Classification of gain (loss) reclassified from AOCI
	2011			2010			2009				2011			2010			2009
Swaps	$	—		$	(9.3	)	$	(6.6	)	Interest Expense	$	—		$	(12.7	)	$	(20.4	)
										Loss on early extinguishment of interest rate protection agreements and term loan		—			(24.3	)		—
FX Forward contracts		(0.2	)		(4.9	)		(1.8	)	Cost of products sold		(0.8	)		—			—
FX embedded derivatives		—			2.3			(4.6	)	Cost of products sold		—			1.8			—
Commodity contracts		(1.8	)		1.0			4.0		Cost of products sold		0.6			0.7			(6.2	)
	$	(2.0	)	$	(10.9	)	$	(9.0	)		$	(0.2	)	$	(34.5	)	$	(26.6	)

⁽¹⁾

For the years ended December 31, 2011, 2010 and 2009, gains (losses) of $0.3, $1.1, and ($0.2), respectively, were recognized in "Other expense, net" relating to derivative ineffectiveness and amounts excluded from effectiveness testing.

Schedule of the effect on the Statement of Operations of derivative financial instruments not designated in cash flow hedging relationships

		Amount of gain (loss) recognized in income
	Classification of gain (loss) recognized in income
		2011			2010			2009
FX forward contracts	Other expense, net	$	(38.5	)	$	5.0		$	5.6
FX embedded derivatives(1)	Other expense, net		1.2			(23.4	)		(13.1	)
		$	(37.3	)	$	(18.4	)	$	(7.5	)

⁽¹⁾

Includes $4.6 of losses reclassified from AOCI during the year ended December 31, 2010 resulting from the discontinuance of cash flow hedge accounting as the forecasted transactions were determined to no longer be probable.