Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Provision

Income tax provision consisted of the following components:

	Year Ended December 31,
(In thousands)	2013			2012			2011
Federal:
Current	$	89,449		$	167,172		$	96,725
Deferred	(41,090		)	(30,111		)	28,138
	48,359			137,061			124,863
State and Puerto Rico:
Current	18,025			27,805			8,111
Deferred	(1,935		)	(8,151		)	1,819
	16,090			19,654			9,930
Foreign:
Current	100,467			75,431			68,605
Deferred	(44,108		)	(71,001		)	(87,565		)
	56,359			4,430			(18,960		)
Income tax provision	$	120,808		$	161,145		$	115,833
Earnings before income taxes and noncontrolling interest:
Domestic	$	513,805		$	690,545		$	537,009
Foreign	233,535			113,534			117,627
Total earnings before income taxes and noncontrolling interest	$	747,340		$	804,079		$	654,636

Schedule of Deferred Tax Assets and Liabilities

Temporary differences and carryforwards that result in deferred tax assets and liabilities were as follows:

(In thousands)	December 31, 2013			December 31, 2012
Deferred tax assets:
Employee benefits	$	145,070		$	119,434
Legal matters	31,409			30,683
Accounts receivable allowances	137,176			120,718
Inventories	21,782			31,791
Financial instruments	—			16,108
Other reserves	17,001			15,882
Tax credits	11,975			14,676
Net operating losses carryforwards	326,310			293,251
Intangible assets	44,819			62,584
Capital loss carryforward	16,003			18,645
Convertible debt	51,513			40,549
Other	38,233			66,093
	841,291			830,414
Less: Valuation allowance	(279,518		)	(249,382		)
Total deferred tax assets	561,773			581,032
Deferred tax liabilities:
Plant and equipment	137,009			103,222
Intangibles	502,167			371,880
Clean energy investments	25,939			15,754
Financial instruments	64,424			—
Other	21,117			48,715
Total deferred tax liabilities	750,656			539,571
Deferred tax (liabilities) assets, net	$	(188,883	)	$	41,461

Statutory Tax Rate to Effective Tax Rate Reconciliation

A reconciliation of the statutory tax rate to the effective tax rate is as follows:

	Year Ended December 31,
	2013		2012		2011
Statutory tax rate	35.0	%	35.0	%	35.0	%
State income taxes and credits	1.0	%	1.1	%	1.1	%
Foreign rate differential	(13.0	)%	(7.5	)%	(13.1	)%
Other foreign items	1.2	%	(2.0	)%	2.6	%
Uncertain tax positions	(0.6	)%	(3.4	)%	(4.5	)%
Foreign tax credits, net	(2.6	)%	(3.2	)%	(5.7	)%
Valuation allowance	4.7	%	2.9	%	(0.2	)%
Clean energy and research credits (1)	(5.7	)%	(2.5	)%	(0.4	)%
Other	(3.8	)%	(0.4	)%	2.9	%
Effective tax rate	16.2	%	20.0	%	17.7	%

Schedule of Unrecognized Tax Benefits

A reconciliation of the unrecognized tax benefits is as follows:

	Year Ended December 31,
(In thousands)	2013			2012			2011
Unrecognized tax benefit — beginning of year	$	132,336		$	162,885		$	203,350
Additions for current year tax positions	4,090			5,684			964
Additions for prior year tax positions	5,280			—			5,048
Reductions for prior year tax positions	—			(5,849		)	(7,878		)
Settlements	(368		)	(764		)	(7,434		)
Reductions due to expirations of statute of limitations	(11,770		)	(29,620		)	(22,293		)
Foreign currency translation	—			—			(8,872		)
Addition due to acquisition	45,083			—			—
Unrecognized tax benefit — end of year	$	174,651		$	132,336		$	162,885