Recoverable Non-Income Taxes

We pay various value-added taxes in jurisdictions outside of the U. S. These include taxes levied on material purchases, fixed asset purchases and various social taxes. The majority of these taxes are creditable when goods are sold to customers domestically or against income taxes due. Since the taxes are recoverable upon completion of these procedures, they are recorded as assets upon payment of the taxes.

Historically, in Brazil, such taxes were credited against income taxes. However, with reduced profitability, we instead sought these refunds via alternate proceedings. In India, we participate in a number of government sponsored tax incentive programs, which result in refundable non-income taxes.

Following is a summary of the recoverable non-income taxes recorded on our balance sheet at December 31, 2013 and 2012:



	December 31,
(in millions)	2013		2012
Brazil	$	22.1	$	32.5
India	3.9		6.1
Europe	1.3		0.8
Mexico	—		0.1
Total recoverable non-income taxes	$	27.3	$	39.5

At December 31, 2013, a receivable of $16.7 million was included in current assets and $10.6 million was included in non-current assets and is expected to be recovered through 2015. At December 31, 2012, a receivable of $20.7 million was included in current assets and $18.8 million was included in non-current assets. The actual amounts received as expressed in U.S. dollars will vary depending on the exchange rate at the time of receipt or future reporting date.