Income Taxes	3 Months Ended
Mar. 31, 2017
Income Tax Disclosure [Abstract]
Income Taxes	Note 14 Income Taxes Effective Income Tax Rate and Income Tax Provision Our effective income tax rate for the three months ended March 31, 2017 was 165.1%. The increase in our effective income tax rate as compared to the statutory rate reflected $84.8 million related to the repatriation strategy for offshore earnings and $42.1 million related to tax versus book basis differences which would theoretically be recovered upon the sale of Diversey. These were offset by $9.3 million of excess tax benefits on share-based compensation. Our effective income tax rate for the three months ended March 31, 2016 was 19.0%. The reduction in the effective tax rate as compared to the statutory rate reflects a tax benefit of $9.6 million representing excess tax benefits on share-based compensation resulting from the Company's early adoption of ASU 2016-09, effective January 1, 2016. Refer to Note 2, “Recently Issued Accounting Standards” of the Notes to the Condensed Consolidated Financial Statements for additional information. The Company also recorded a net discrete expense of $0.9 million, primarily related to the impact of prior year repatriation strategies and increases in uncertain tax positions, partially offset by benefits related to state tax and equity compensation. Unrecognized Tax Benefits During the three months ended March 31, 2017, we decreased our unrecognized tax benefits by $2.3 million. We have not changed our policy with regard to the reporting of penalties and interest related to unrecognized tax benefits.

Income Taxes

3 Months Ended

Mar. 31, 2017

Note 14 Income Taxes

Effective Income Tax Rate and Income Tax Provision

Our effective income tax rate for the three months ended March 31, 2017 was 165.1%. The increase in our effective income tax rate as compared to the statutory rate reflected $84.8 million related to the repatriation strategy for offshore earnings and $42.1 million related to tax versus book basis differences which would theoretically be recovered upon the sale of Diversey. These were offset by $9.3 million of excess tax benefits on share-based compensation.

Our effective income tax rate for the three months ended March 31, 2016 was 19.0%. The reduction in the effective tax rate as compared to the statutory rate reflects a tax benefit of $9.6 million representing excess tax benefits on share-based compensation resulting from the Company's early adoption of ASU 2016-09, effective January 1, 2016. Refer to Note 2, “Recently Issued Accounting Standards” of the Notes to the Condensed Consolidated Financial Statements for additional information. The Company also recorded a net discrete expense of $0.9 million, primarily related to the impact of prior year repatriation strategies and increases in uncertain tax positions, partially offset by benefits related to state tax and equity compensation.

Unrecognized Tax Benefits

During the three months ended March 31, 2017, we decreased our unrecognized tax benefits by $2.3 million. We have not changed our policy with regard to the reporting of penalties and interest related to unrecognized tax benefits.