XML 50 R40.htm IDEA: XBRL DOCUMENT v2.4.0.8
Income Taxes (Tables)
6 Months Ended
Jun. 30, 2014
Income Tax Disclosure [Abstract]  
Reconciliation between the statutory United States Federal income tax rate and the Company's effective income tax rate from continuing operations
The following is a reconciliation between the statutory U.S. Federal income tax rate and the Company’s effective income tax rate on income from continuing operations:
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2014
 
2013
 
2014
 
2013
Statutory rate
35.0
 %
 
35.0
 %
 
35.0
 %
 
35.0
 %
State taxes
0.9

 
2.1

 
0.9

 
2.1

Domestic production activities deduction
(2.2
)
 
(1.5
)
 
(2.2
)
 
(1.0
)
Noncontrolling interest in partially-owned subsidiaries
(1.1
)
 
(1.6
)
 
(1.2
)
 
(0.8
)
Tax assessments and settlements

 
1.2

 

 
0.6

Other, net

 
(0.6
)
 
0.1

 
(0.5
)
Effective rate
32.6
 %
 
34.6
 %
 
32.6
 %
 
35.4
 %
Change in unrecognized tax benefits
The change in unrecognized tax benefits for the six months ended June 30, 2014 and 2013 was as follows:
 
Six Months Ended
June 30,
 
2014
 
2013
 
(in millions)
Beginning balance
$
55.0

 
$
48.7

Additions for tax positions related to the current year
2.6

 
2.3

Additions for tax positions of prior years

 
0.9

Reductions for tax positions of prior years
(0.1
)
 

Expiration of statute of limitations

 
(0.1
)
Ending balance
$
57.5

 
$
51.8