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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Operating activities:      
Net income $ 349.2 $ 197.9 $ 149.2
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization expense 133.1 120.6 118.9
Deferred income tax (benefit) expense (27.2) 42.7 58.0
(Gain) loss on sales of property, plant and equipment (2.6) 1.1 0.1
Equity in earnings of unconsolidated entities (2.2) (0.7) (1.4)
Dividends received from unconsolidated entities 3.9 0.3 1.1
Share-based compensation expense 21.3 17.3 15.5
Tax deficit (excess benefit) from share-based compensation 0.3 (4.0) (1.5)
Net loss (gain) from life insurance policies 5.5 4.2 (10.5)
Changes in operating assets and liabilities (excluding effect of businesses acquired):      
Accounts receivable (145.9) (146.7) 322.2
Inventories (231.0) (121.9) 569.9
Prepaid expenses and other assets 22.8 23.9 (56.4)
Accounts payable and other liabilities 107.6 79.4 (222.1)
Net cash provided by operating activities 234.8 214.1 943.0
Investing activities:      
Purchases of property, plant and equipment (156.4) (111.4) (69.9)
Acquisitions of metals service centers, net of cash acquired and debt assumed (313.3) (100.3)  
Proceeds from sales of property, plant and equipment 9.0 3.2 1.3
Purchases of marketable securities (8.5)    
Net (investment in) borrowings from life insurance policies (9.0) 42.4 (31.5)
Net proceeds from redemptions of life insurance policies 3.6 4.3 6.5
Net cash used in investing activities (474.6) (161.8) (93.6)
Financing activities:      
Net short-term debt (repayments) borrowings (104.7) 3.2 0.1
Proceeds from long-term debt borrowings 995.0 539.0 352.0
Principal payments on long-term debt (606.6) (560.6) (1,183.3)
Debt issuance costs (7.3)   (6.7)
Payments to noncontrolling interest holders (3.7) (1.8) (2.1)
Capital contributions from noncontrolling interests   0.2  
Dividends paid (35.9) (29.7) (29.4)
(Tax deficit) excess benefit from share-based compensation (0.3) 4.0 1.5
Exercise of stock options 11.1 21.2 10.5
Issuance of common stock     0.3
Noncontrolling interests purchased     (2.7)
Net cash provided by (used in) financing activities 247.6 (24.5) (859.8)
Effect of exchange rate changes on cash 3.9 2.1 1.4
Increase (decrease) in cash and cash equivalents 11.7 29.9 (9.0)
Cash and cash equivalents at beginning of year 72.9 43.0 52.0
Cash and cash equivalents at end of year 84.6 72.9 43.0
Supplemental cash flow information:      
Interest paid during the year 57.4 62.2 76.1
Income taxes paid during the year 149.2 68.9 49.1
Non-cash investing and financing activities:      
Debt assumed in connection with acquisitions of metals service centers $ 104.7 $ 22.6