XML 150 R115.htm IDEA: XBRL DOCUMENT v2.4.1.9
Income Taxes - Components of Income Tax Provision (Benefit) (Detail) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Current tax expense:        
Federal $ (216.0)us-gaap_CurrentFederalTaxExpenseBenefit $ (4.3)us-gaap_CurrentFederalTaxExpenseBenefit $ (8.6)us-gaap_CurrentFederalTaxExpenseBenefit  
State and local 0.2us-gaap_CurrentStateAndLocalTaxExpenseBenefit (3.9)us-gaap_CurrentStateAndLocalTaxExpenseBenefit (6.5)us-gaap_CurrentStateAndLocalTaxExpenseBenefit  
Foreign 88.8us-gaap_CurrentForeignTaxExpenseBenefit 85.2us-gaap_CurrentForeignTaxExpenseBenefit 69.0us-gaap_CurrentForeignTaxExpenseBenefit  
Total current (127.0)us-gaap_CurrentIncomeTaxExpenseBenefit 77.0us-gaap_CurrentIncomeTaxExpenseBenefit 53.9us-gaap_CurrentIncomeTaxExpenseBenefit  
Deferred tax expense (benefit) :        
Federal 176.8us-gaap_DeferredFederalIncomeTaxExpenseBenefit 4.2us-gaap_DeferredFederalIncomeTaxExpenseBenefit (231.8)us-gaap_DeferredFederalIncomeTaxExpenseBenefit  
State and local (27.2)us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit 10.4us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit (24.9)us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit  
Foreign (13.5)us-gaap_DeferredForeignIncomeTaxExpenseBenefit (6.7)us-gaap_DeferredForeignIncomeTaxExpenseBenefit (62.6)us-gaap_DeferredForeignIncomeTaxExpenseBenefit  
Total deferred tax benefit 136.1us-gaap_DeferredIncomeTaxExpenseBenefit 7.9us-gaap_DeferredIncomeTaxExpenseBenefit (319.3)us-gaap_DeferredIncomeTaxExpenseBenefit  
Total provision (benefit) $ 9.1us-gaap_IncomeTaxExpenseBenefit $ 84.9us-gaap_IncomeTaxExpenseBenefit [1] $ (265.4)us-gaap_IncomeTaxExpenseBenefit [1] $ 16.0us-gaap_IncomeTaxExpenseBenefit
[1] Certain amounts have been revised to reflect the retrospective application of the Company’s change in inventory costing method for certain U.S. inventories to the FIFO method from the LIFO method. Refer to Note 2, “Summary of Significant Accounting Policies - Inventories,” of the notes to consolidated financial statements for further details surrounding this accounting policy change.