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Segment Information (Tables)
3 Months Ended
Mar. 31, 2012
Segment Information [Abstract]  
Summarized Segment Information
     Three months ended March 31,  
     2012     2011  

Net Sales:

    

Engineered Materials

   $ 218.7      $ 187.1   

In Process Separation

     91.6        78.4   

Additive Technologies

    

Sales to external customers

     67.7        70.3   

Intersegment sales

     0.2        0.3   

Coating Resins

     405.3        430.2   
  

 

 

   

 

 

 

Net sales from segments

     783.5        766.3   

Elimination of intersegment revenue

     (0.2     (0.3
  

 

 

   

 

 

 

Total consolidated net sales

   $ 783.3      $ 766.0   
  

 

 

   

 

 

 

 

     Three months ended March 31,  
           % of           % of  
     2012     Sales     2011     Sales  

Earnings from operations:

        

Engineered Materials

   $ 45.0        21   $ 25.1        13

In Process Separation

     22.9        25     16.4        21

Additive Technologies

     6.4        9     8.4        12

Coating Resins

     28.8        7     20.0        5
  

 

 

   

 

 

   

 

 

   

 

 

 

Earnings from segments

     103.1        13     69.9        9

Corporate and unallocated, net (1)

     (16.8       (1.9  
  

 

 

     

 

 

   

Total earnings from operations

   $ 86.3        11   $ 68.0        9
  

 

 

   

 

 

   

 

 

   

 

 

 

 

(1) For the three months ended March 31, 2012, corporate and unallocated includes net pre-tax charges of $6.2 related to costs incurred for our evaluation of separating the Coatings Resins segment operations, restructuring charges of $3.3 related to our Coating Resins segment, and accelerated depreciation of $0.7 for the sale of our Stamford facility treated as a financing transaction. For the three months ended March 31, 2011, corporate and unallocated includes a net pre-tax credit of $0.7 related to a net favorable adjustment of previously recorded restructuring liabilities and a gain on the sale of assets of a certain Latin American subsidiary for $3.3. Corporate and unallocated also included costs previously allocated to the operations of our discontinued Building Block Chemicals segment of $1.0 for three months ended March 31, 2011.