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Segment Information (Tables)
6 Months Ended
Jun. 30, 2012
Segment Reporting [Abstract]  
Segment wise financial performance
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2012
 
2011
 
2012
 
2011
Net sales to external customers:
 
 
 
 
 
 
 
Mobile Industries
$
448.2

 
$
465.1

 
$
917.3

 
$
908.0

Process Industries
336.6

 
307.5

 
690.7

 
591.6

Aerospace and Defense
87.2

 
83.5

 
178.5

 
162.6

Steel
471.2

 
473.5

 
977.7

 
921.5

 
$
1,343.2

 
$
1,329.6

 
$
2,764.2

 
$
2,583.7

Intersegment sales:
 
 
 
 
 
 
 
Mobile Industries
$
0.2

 
$
0.1

 
$
0.2

 
$
0.2

Process Industries
1.1

 
0.8

 
2.6

 
1.7

Steel
28.6

 
31.6

 
57.6

 
65.1

 
$
29.9

 
$
32.5

 
$
60.4

 
$
67.0

Segment EBIT:
 
 
 
 
 
 
 
Mobile Industries
$
48.8

 
$
71.4

 
$
135.5

 
$
143.5

Process Industries
71.3

 
68.7

 
153.6

 
134.0

Aerospace and Defense
7.9

 
2.5

 
18.6

 
4.1

Steel
88.9

 
71.3

 
176.9

 
130.6

Total EBIT for reportable segments
$
216.9

 
$
213.9

 
$
484.6

 
$
412.2

Unallocated corporate expenses
(23.0
)
 
(21.8
)
 
(43.7
)
 
(41.1
)
CDSOA receipt, net of expense
109.5

 

 
109.5

 

Interest expense
(8.1
)
 
(9.3
)
 
(16.7
)
 
(19.1
)
Interest income
0.7

 
1.4

 
1.4

 
2.9

Intersegment adjustments
(0.1
)
 
(0.4
)
 
(1.7
)
 
0.1

Income before income taxes
$
295.9

 
$
183.8

 
$
533.4

 
$
355.0