Income Taxes

3 Months Ended

Mar. 31, 2013

Income Tax Disclosure [Abstract]

Income Taxes

INCOME TAXES

At March 31, 2013 and December 31, 2012, the Company had approximately $101.5 million and $94.5 million, respectively, of unrecognized tax benefits, all of which would affect the Company’s effective tax rate if recognized. As of March 31, 2013 and December 31, 2012, the Company had approximately $23.0 million and $23.5 million, respectively, of accrued or deferred taxes related to uncertain income tax positions connected with ongoing tax audits in various jurisdictions that it expects to settle or pay in the next 12 months. The Company accrues interest and penalties related to unrecognized tax benefits in its provision for income taxes. As of March 31, 2013 and December 31, 2012, the Company had accrued interest and penalties related to unrecognized tax benefits of $12.8 million and $11.9 million, respectively.

Generally, the tax years 2007 through 2012 remain open to examination by taxing authorities in the United States and certain other foreign taxing jurisdictions.