Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2012

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Cross Currency Swaps Outstanding

At March 31, 2012 and December 31, 2011, the following cross-currency swaps were outstanding:

	Cross-currency swaps
(in millions)	Notional in USD		Notional in local currency		Duration
Floating $ to floating €	$	75.0	€	58.5	Oct - 19
Floating $ to floating ¥	$	150.0	¥	17,581.5	Nov - 16

Commodity Derivative Contracts Outstanding

At March 31, 2012 and December 31, 2011, the following commodity derivative contracts were outstanding:

	Commodity derivative contracts
Commodity	Volume hedged March 31, 2012	Volume hedged December 31, 2011	Units of measure	Duration
Natural gas	264,311	—	MMBtu	Dec - 12

Foreign Exchange Derivative Contracts Outstanding

As of March 31, 2012 and December 31, 2011, the following foreign currency derivative contracts were outstanding:

Foreign currency derivatives (in millions)
Functional currency	Traded currency	Notional in traded currency March 31, 2012	Notional in traded currency December 31, 2011	Duration
British pound	Euro	55.8	64.8	Dec - 13
Euro	British pound	5.6	7.0	Dec - 12
Euro	Hungarian forint	4,050.0	5,400.0	Dec - 12
Euro	Japanese Yen	1,809.7	—	Dec - 12
Euro	Polish zloty	24.5	24.5	Dec - 12
Euro	US dollar	14.7	16.1	Jan - 13
Japanese yen	US dollar	5.8	7.4	Dec - 12
Korean won	Euro	34.5	34.5	Dec - 13
Korean won	US dollar	10.6	2.4	Dec - 12
Mexican peso	Euro	5.3	9.2	Jun - 12
Mexican peso	US dollar	30.9	40.7	Dec - 12
Swedish Krona	Euro	5.1	6.1	Dec - 12
US dollar	Euro	2.3	3.0	Dec - 12
US dollar	Japanese yen	3,000.0	3,000.0	Jun - 12

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

At March 31, 2012 and December 31, 2011, the following amounts were recorded in the Condensed Consolidated Balance Sheets as being payable to or receivable from counterparties under ASC Topic 815:

	Assets					Liabilities
(millions of dollars)	Location	March 31, 2012		December 31, 2011		Location	March 31, 2012		December 31, 2011
Foreign currency contracts	Prepayments and other current assets	$	2.6	$	2.6	Accounts payable and accrued expenses	$	1.5	$	2.4
	Other non-current assets	$	—	$	0.1	Other non-current liabilities	$	0.3	$	0.5
Commodity contracts	Prepayments and other current assets	$	—	$	—	Accounts payable and accrued expenses	$	0.1	$	—
Net investment hedge contracts	Other non-current assets	$	—	$	—	Other non-current liabilities	$	70.0	$	85.0

Deferred Losses Reported In Other Comprehensive Income Loss

March 31, 2012 market rates.

(millions of dollars)	Deferred gain (loss) in AOCI at						Gain (loss) expected to be reclassified to income in one year or less
Contract Type	March 31, 2012			December 31, 2011
Foreign currency	$	0.4		$	(0.6	)	$	0.6
Commodity	(0.1		)	—			(0.1		)
Net investment hedges	(64.9		)	(78.9		)	—
Total	$	(64.6	)	$	(79.5	)	$	0.5

Derivatives Designated As Net Investment Hedges

		Gain (loss) reclassified from AOCI to income (effective portion)					Gain (loss) recognized in income (ineffective portion)
(millions of dollars)		Three Months Ended					Three Months Ended
Contract Type	Location	March 31, 2012		March 31, 2011		Location	March 31, 2012		March 31, 2011
Cross-currency swap	Interest expense	$	—	$	—	Interest expense	$	0.9	$	2.0

Derivatives Designated As Cash Flow Hedging Instruments

		Gain (Loss) reclassified from AOCI to income (effective portion)						Gain (Loss) recognized in income (ineffective portion)
(millions of dollars)		Three Months Ended						Three Months Ended
Contract Type	Location	March 31, 2012		March 31, 2011			Location	March 31, 2012		March 31, 2011
Foreign currency	Sales	$	0.3	$	(0.2	)	SG&A expense	$	—	$	—
Foreign currency	Cost of goods sold	0.4		(0.1		)	SG&A expense	—		—
Foreign currency	SG&A expense	—		0.2			SG&A expense	—		—
Commodity	Cost of goods sold	—		—			Cost of goods sold	—		—