Condensed Consolidated Statements Of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 28, 2013
Jun. 29, 2012
Jun. 28, 2013
Jun. 29, 2012
Income Statement [Abstract]        
Net sales $ 1,659.1 $ 1,475.2 [1] $ 3,202.8 $ 2,924.7 [1]
Cost of sales 1,466.3 1,301.5 [1] 2,853.1 2,601.9 [1]
Gross profit 192.8 173.7 [1] 349.7 322.8 [1]
Selling, general and administrative expenses 122.0 106.1 [1] 246.1 200.9 [1]
Operating income 70.8 67.6 [1] 103.6 121.9 [1]
Other income (expense) (15.6) (13.5) [1] (68.3) (6.7) [1]
Interest income (expense):        
Interest expense (30.6) (25.2) [1] (60.1) (49.9) [1]
Interest income 1.5 1.6 [1] 3.0 3.3 [1]
Interest income (expense), total (29.1) (23.6) [1] (57.1) (46.6) [1]
Income (loss) before income taxes 26.1 30.5 [1] (21.8) 68.6 [1]
Income tax (provision) benefit (17.5) (11.2) [1] (13.7) (23.0) [1]
Equity in earnings of affiliated companies 0.4 0.5 [1] 0.6 0.5 [1]
Net income (loss) including non-controlling interest 9.0 19.8 [1] (34.9) 46.1 [1]
Less: preferred stock dividends 0.1 0.1 [1] 0.2 0.2 [1]
Less: net income attributable to non-controlling interest 0.7 2.0 [1] 2.5 3.3 [1]
Net income (loss) attributable to Company common shareholders 8.2 [2] 17.7 [1],[2] (37.6) [2] 42.6 [1],[2]
Earnings per share        
Earnings (loss) per common share-basic $ 0.17 [3] $ 0.36 [1],[3] $ (0.76) [3] $ 0.86 [1],[3]
Weighted average common shares-basic 49.5 49.8 [1] 49.6 49.8 [1]
Earnings (loss) per common share-assuming dilution $ 0.16 $ 0.35 [1] $ (0.76) $ 0.84 [1]
Weighted average common shares-assuming dilution 51.0 [4] 51.1 [1],[4] 49.6 [4] 51.1 [1],[4]
Dividends per common share $ 0.18 $ 0 [1] $ 0.18 $ 0 [1]
Comprehensive income (loss):        
Net income (loss) 9.0 19.8 [1] (34.9) 46.1 [1]
Currency translation gain (loss) (39.7) (58.5) [1] (43.3) (16.8) [1]
Defined benefit plan adjustments, net of $2.2 million in the three and six months ended June 28, 2013 and an immaterial tax effect in 2012 0.7 (2.1) [1] 3.4 (2.1) [1]
Change in fair value of derivatives, net of tax of $0.8 million and $0.4 million in the three and six months ended June 28, 2013 and $3.0 million and $0.4 million in the three and six months ended June 29, 2012 0.7 (3.4) [1] 0.2 2.6 [1]
Comprehensive income (loss), net of tax (29.3) (44.2) [1] (74.6) 29.8 [1]
Comprehensive income (loss) attributable to non-controlling interest, net of tax (7.0) (0.8) [1] (4.5) 3.6 [1]
Comprehensive income (loss) attributable to Company common shareholders interest, net of tax $ (22.3) $ (43.4) [1] $ (70.1) $ 26.2 [1]
[1] See Note 23 - Restatement of Condensed Consolidated Financial Statements
[2] Numerator
[3] Under the two-class method, earnings (loss) per share – basic reflects undistributed earnings per share for both common stock and unvested share-based payment awards (restricted stock).
[4] Denominator