XML 35 R46.htm IDEA: XBRL DOCUMENT v2.4.0.8
Income Taxes - Income Tax Reconciliation (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Effective Income Tax Rate Reconciliation, Amount [Abstract]                      
Income taxes at U.S. statutory rate of 35%                 $ 304.3 $ 266.4 $ 268.1
State taxes, net of federal benefit                 2.3 2.2 1.1
U.S. tax on non-U.S. earnings                 (2.8) 22.3 9.4
Affiliates' earnings                 (15.6) (15.0) (13.4)
Foreign rate differential                 (73.4) (57.9) (60.0)
Tax holidays                 (15.6) (27.0) (21.3)
Withholding taxes                 15.4 12.3 10.9
Impairments and write-offs                 5.2 15.9 6.4
Tax credits                 (6.9) (2.3) (4.0)
Reserve adjustments, settlements and claims                 0.5 12.9 (1.0)
Valuation allowance adjustments                 (1.4) 9.7 (5.3)
Other                 6.3 (0.9) 4.4
Provision for income taxes 44.5 56.3 66.6 50.9 48.4 64.2 68.5 57.5 218.3 238.6 195.3
Tax benefit associated with restructuring           7.7     7.1 7.7  
Tax benefit of project termination settlement                 3.8    
Tax benefit associated retirement obligations         6.1       2.1    
Other tax adjustments   5.6   1.7 3.9 6.9     11.7 19.8 6.2
Tax benefit of research and development and international tax credit extensions       6.6         6.7    
2012 return to provision and other adjustments   (3.1)             2.2    
Reversal of certain state valuation allowances 4.4 2.5             8.0    
Tax impact of other tax adjustments       4.9         5.2    
Tax benefit (expense) associated with disposal activities and restructuring                   2.0  
Tax impact of loss on disposals   11.2         5.5     5.7 2.7
Settlement of certain tax audits                   5.9  
Impact of change in repatriation assertion             9.0     7.5  
Change in enacted tax rate                   4.7  
Tax impact of writedown of tax accounts                   11.1  
Tax impact of patent infringement settlement                     $ 11.0