XML 45 R36.htm IDEA: XBRL DOCUMENT v2.4.0.8
Income Taxes (Tables)
6 Months Ended
Jun. 30, 2014
Income Tax Disclosure [Abstract]  
Schedule of Effective Income Tax Rate Reconciliation
A reconciliation of income taxes computed at the U.S. Federal statutory income tax rate to the provision for income taxes is as follows ($ in millions): 
 
Three Months Ended
 
Six Months Ended
 
June 30,
2014
 
June 30,
2013
 
June 30,
2014
 
June 30,
2013
 
Amount
 
Percent
 
Amount
 
Percent
 
Amount
 
Percent
 
Amount
 
Percent
Tax provision at U.S. statutory rate
$
11.0

 
35.0
 %
 
$
14.8

 
35.0
 %
 
$
22.3

 
35.0
 %
 
$
29.7

 
35.0
 %
Foreign income tax rate differential
(4.7
)
 
(15.0
)
 
(2.0
)
 
(4.7
)
 
(7.0
)
 
(11.0
)
 
(3.8
)
 
(4.5
)
Tax effects of foreign legal structure

 

 
(0.4
)
 
(1.0
)
 
0.3

 
0.5

 
(0.7
)
 
(0.8
)
Adjustments to valuation allowances
0.9

 
2.9

 

 

 
0.9

 
1.4

 

 

French business tax classified as income tax
0.6

 
1.9

 
0.5

 
1.1

 
1.1

 
1.7

 
1.1

 
1.3

Other foreign taxes, net
(0.6
)
 
(1.9
)
 
0.8

 
1.8

 
(1.0
)
 
(1.5
)
 

 

Other, net
(0.7
)
 
(2.1
)
 
0.1

 
0.2

 
(0.3
)
 
(0.5
)
 
(0.1
)
 
(0.1
)
Provision for income taxes
$
6.5

 
20.8
 %
 
$
13.8

 
32.4
 %
 
$
16.3

 
25.6
 %
 
$
26.2

 
30.9
 %