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Interest and Other Expenses

12 Months Ended

Dec. 31, 2011

Interest and Other Expenses [Abstract]

Interest and Other Expenses

11.
Interest and Other Expenses

Interest and other expenses consisted of the following:

Year Ended December 31		2011			2010			2009
Interest expense	$	42.8		$	43.7		$	61.7
Interest income		(7.3	)		(6.2	)		(11.7	)
Foreign exchange losses		2.8			3.3			0.8
Miscellaneous expenses, net		6.0			2.4			3.5
Loss from sale of an equity investment		–			–			10.3
Interest and other expenses	$	44.3		$	43.2		$	64.6

Included in interest expense for the year ended December 31, 2009 is $7.5, which was recorded as a result of our repayment of the borrowings outstanding under the previous Agreement and our termination of the interest rate swap agreements. Loss from sale of an equity investment in 2009 resulted as we sold an equity investment in Japan for cash proceeds of $13.3 in September 2009.

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The entire disclosure for interest income and expense, foreign exchange gains and losses and other miscellaneous non-operating income and expenses.

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