Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Income Taxes [Abstract]

Schedule Of Deferred Tax Assets and Liabilities

	December 31, 2013	December 31, 2012
Deferred income tax assets (liabilities)
Postretirement benefits	$ 102.8	$ 105.9
Pension benefit liabilities	21.4	30.7
Net operating losses	230.2	218.6
Foreign tax credit carryforwards	94.4	119.1
Other	100.5	104.2
Total deferred income tax assets	549.3	578.5
Valuation allowances	(228.4)	(205.5)
Net deferred income tax assets	320.9	373.0
Intangibles	(239.3)	(245.6)
Accumulated depreciation	(91.5)	(83.8)
Prepaid pension costs	(44.2)	-
Inventories	(15.7)	(20.8)
Other	(9.8)	(5.3)
Total deferred income tax liabilities	(400.5)	(355.5)
Net deferred income tax (liabilities) assets	($79.6)	$ 17.5
Deferred income taxes have been classified in the Consolidated Balance Sheet as:
Deferred income tax assets - current	$ 72.0	$ 49.9
Deferred income tax assets - noncurrent	30.1	35.1
Deferred income tax liabilities - current	(0.7)	(1.3)
Deferred income tax liabilities - noncurrent	(181.0)	(66.2)
Net deferred income tax (liabilities) assets	($79.6)	$ 17.5

Schedule Of Income Tax Expense (Benefit)

	2013	2012	2011
Details of taxes
Earnings (loss) before income taxes:
Domestic	$ 186.2	$ 188.6	$ 221.2
Foreign	(14.3)	31.9	(3.9)
Eliminations of dividends from foreign subsidiaries	-	-	(23.5)
Total	$ 171.9	$ 220.5	$ 193.8
Income tax expense (benefit):
Current:
Federal	$ 18.7	$ 24.1	$ 3.1
Foreign	8.1	13.1	16.7
State	3.3	4.4	2.7
Total current	30.1	41.6	22.5
Deferred:
Federal	40.1	27.2	55.0
Foreign	2.3	1.8	(1.6)
State	(1.1)	5.5	5.1
Total deferred	41.3	34.5	58.5
Total income tax expense	$ 71.4	$ 76.1	$ 81.0

Schedule Of The Reconciliation To U.S. Statutory Tax Rate

	2013	2012	2011
Reconciliation to U.S. statutory tax rate
Continuing operations tax at statutory rate	$ 60.2	$ 77.2	$ 67.8
State income tax expense, net of federal benefit	5.9	6.2	7.7
(Decrease) in valuation allowances on deferred domestic income tax assets	(2.9)	(0.7)	(0.8)
Increase in valuation allowances on deferred foreign income tax assets	32.4	14.9	14.7
Tax on foreign and foreign-source income	(13.8)	(8.2)	(2.8)
Domestic production activities	(9.0)	(2.3)	-
Permanent book/tax differences	3.5	1.4	0.6
IRS audit settlement	-	2.2	-
Net benefit due to increase in foreign tax credits	-	(15.7)	(6.6)
Research and development credits	(4.4)	-	-
Other	(0.5)	1.1	0.4
Tax expense at effective rate	$ 71.4	$ 76.1	$ 81.0

Schedule Of Unrecognized Tax Benefits

	2013	2012	2011
Unrecognized tax benefits balance at January 1,	$ 138.4	$ 127.2	$ 126.3
Gross change for current year positions	8.5	10.2	4.1
Increases for prior period positions	1.4	7.8	1.4
Decrease for prior period positions	(2.1)	(6.1)	(3.9)
Decrease due to statute expirations	(1.0)	(0.7)	(0.7)
Unrecognized tax benefits balance at December 31,	$ 145.2	$ 138.4	$ 127.2

Schedule Of Other Taxes

	2013	2012	2011
Other taxes
Payroll taxes	$ 57.2	$ 55.4	$ 58.3
Property, franchise and capital stock taxes	10.5	11.4	12.1