Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

(Loss) income from continuing operations, before taxes for the years ended December 31 was as follows:

The provision for income taxes for the years ended December 31 was as follows:

The effective tax rate for the years ended December 31 was as follows:



	2015		2014		2013
Statutory federal rate	35.0	%	35.0	%	35.0	%
State and local taxes, net of federal tax benefit	2.5		7.0		(.5	)
Tax on foreign income	141.4		(6.5	)	(9.8	)
Tax on uncertain tax positions	8.2		17.3		(1.3	)
Venezuela devaluation and highly inflationary accounting	168.1		27.4		16.5
FCPA accrual	—		(7.1	)	11.2
China goodwill impairment	—		—		4.9
Reorganizations	(173.5	)	—		—
Net change in valuation allowances	3,395.6		193.9		18.4
Blocked income	29.3		3.5		2.3
Imputed royalties	11.9		1.2		.9
Research credits	(8.9	)	(1.0	)	(.5	)
Other	(7.9	)	.8		(1.4	)
Effective tax rate	3,601.7	%	271.5	%	75.7	%

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:




Balance at December 31, 2012	$	32.0
Additions based on tax positions related to the current year	5.3
Additions for tax positions of prior years	1.9
Reductions for tax positions of prior years	(7.8		)
Reductions due to lapse of statute of limitations	(3.1		)
Reductions due to settlements with tax authorities	(2.3		)
Balance at December 31, 2013	26.0
Additions based on tax positions related to the current year	1.4
Additions for tax positions of prior years	37.7
Reductions for tax positions of prior years	(4.7		)
Reductions due to lapse of statute of limitations	(1.7		)
Reductions due to settlements with tax authorities	(2.0		)
Balance at December 31, 2014	56.7
Additions based on tax positions related to the current year	3.5
Additions for tax positions of prior years	5.7
Reductions for tax positions of prior years	(1.5		)
Reductions due to lapse of statute of limitations	(0.4		)
Reductions due to settlements with tax authorities	(11.0		)
Balance at December 31, 2015	$	53.0