Other Expense, Net

6 Months Ended

Jun. 30, 2012

Other Expense, Net Disclosure

Other Expense, Net [Text Block]

Note 4.       Other Expense, Net

       The components of other expense, net, in the accompanying statement of income are as follows:

	Three Months Ended					Six Months Ended
	June 30,		July 2,			June 30,		July 2,
(In millions)	2012			2011		2012			2011
Interest Income	$	6.7		$	6.6	$	13.1		$	11.6
Interest Expense		(57.4)			(38.9)		(115.1)			(66.7)
Other Items, Net		1.3			22.0		2.2			22.1
	$	(49.4)		$	(10.3)	$	(99.8)		$	(33.0)

Other Items, Net

In the three and six months ended July 2,2011, other items, net includes $33 million of gains on currency exchange contracts associated with the acquisition of Phadia, offset in part by $10 million of fees associated with a short-term financing commitment to fund the Phadia acquisition.