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Income Taxes (Tables)
3 Months Ended
Mar. 31, 2015
Income Tax Disclosure [Abstract]  
Component of Income Taxes Expenses

 

 

Three months ended
March 31,

 

 

2014

 

 

2015

 

 

(In millions)

Expected tax expense, at U.S. federal statutory income tax rate of 35%

$

2.9

 

 

$

7.6

 

Incremental tax (benefit) on earnings of non-U.S. and non-tax group companies

 

(.1

)

 

 

.5

 

Non-U.S. tax rates

 

(.7

)

 

 

(1.1

)

Adjustment to the reserve for uncertain tax positions, net

 

.3

 

 

 

(2.7

)

Nondeductible expenses

 

.4

 

 

 

.5

 

Domestic manufacturing credit

 

(.1

)

 

 

(.8

)

U.S. state income taxes and other, net

 

1.1

 

 

 

.3

 

Income tax expense

$

3.8

 

 

$

4.3

 

Comprehensive provision for income taxes allocable to:

 

 

Net income

$

3.8

 

 

$

4.3

 

Other comprehensive income (loss):

 

 

 

 

 

 

 

Marketable securities

 

(8.8

)

 

 

(.2

)

Currency translation

 

(.7

)

 

 

(16.2

)

Pension plans

 

1.0

 

 

 

1.3

 

OPEB plans

 

(.2

)

 

 

(.2

)

Total

$

(4.9

)

 

$

(11.0

)