Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Income Taxes [Abstract]

Schedule Of Provision For Income Taxes

	2013		2012		2011
Current:
Federal	$	32.9	$	27.3	$	6.8
Non-US		26.9		10.0		33.4
State and local		10.2		6.5		6.0
		70.0		43.8		46.2
Deferred:
Federal		25.9		10.7		25.0
Non-US		12.8		2.4		(10.5	)
State and local		(2.1	)	(2.1	)	2.5
		36.6		11.0		17.0
Provision for income taxes	$	106.6	$	54.8	$	63.2

Schedule Of Earnings Before Income Taxes

	2013		2012		2011
U.S.	$	210.4	$	111.2	$	98.8
Non-U.S.		158.0		51.2		239.6
Earnings before income taxes	$	368.4	$	162.4	$	338.4

Schedule Of Reconciliation Of The Provision For Income Taxes

	2013				2012				2011
	Amount		%		Amount		%		Amount		%
Provision for income taxes at statutory rate	$	128.9	35.0	%	$	56.9	35.0	%	$	118.5	35.0	%
State and local income taxes, net of federal
tax benefit		9.6	2.6			4.0	2.5			3.3	1.0
Foreign tax differential		(19.4	)(5.3)			(6.4	)(3.9)			(45.3	)(13.4)
Research and development credit		(11.5	)(3.1)			-	-			(6.0	)(1.8)
Valuation allowance		(1.3	)(0.4)			-	-			2.6	0.8
Adjustments to previously accrued taxes		0.8	0.2			(3.6	)(2.2)			(5.4	)(1.6)
Other		(0.5	)(0.1)			3.9	2.4			(4.5	)(1.3)
Provision for income taxes	$	106.6	28.9	%	$	54.8	33.8	%	$	63.2	18.7	%

Schedule Of Significant Components Of Deferred Income Tax Assets And (Liabilities)

	2013		2012
Deferred tax assets:
Tax loss carryforwards	$	10.8	$	12.9
Credit carryforwards		7.5		7.5
Inventories		13.2		14.0
Restructuring		1.2		4.3
Pension and postretirement benefits		52.1		75.2
Warranty		4.3		8.7
Equity compensation		25.6		41.0
Other compensation		21.1		7.1
Foreign exchange		2.0		-
Other		11.1		23.0
Deferred tax liabilities:
Property, plant and equipment		(49.8	)	(37.7	)
Intangible assets		(68.9	)	(60.0	)
Foreign exchange		-		(0.8	)
		30.2		95.2
Valuation allowances		(2.9	)	(4.8	)
Net deferred tax assets	$	27.3	$	90.4

Schedule Of Classification Of Deferred Tax Assets And Liabilities

	2013		2012
Current Deferred Tax Assets and Liabilities:
Current Deferred Tax Asset	$	62.9	$	98.0
Current Deferred Tax Liability		(12.2	)	(17.1	)
Net Current Deferred Tax Asset		50.7		80.9
Long-Term Deferred Tax Assets and Liabilities:
Long-Term Deferred Tax Asset		29.7		40.2
Long-Term Deferred Tax Liability		(53.1	)	(30.7	)
Net Long-Term Deferred Tax (Liability) Asset		(23.4	)	9.5
Total Current and Long-Term Net Deferred Tax Asset Balance at December 31	$	27.3	$	90.4

Schedule Of Reconciliation Of The Beginning And Ending Balances Of Unrecognized Tax Benefits

	2013		2012		2011
Balance at January 1	$	24.2	$	23.1	$	25.5
Increases / (decreases) in unrecognized tax benefits as a result of tax
positions taken during a prior period		3.2		6.9		2.6
Increases / (decreases) in unrecognized tax benefits as a result of tax
positions taken during the current period		3.7		3.0		1.4
Increases / (decreases) in unrecognized tax benefits relating to
settlements with taxing authorities		(2.0	)	(6.5	)	(1.6	)
Reductions to unrecognized tax benefits as a result of a lapse of the
applicable statute of limitations		(5.6	)	(2.3	)	(4.8	)
Balance at December 31	$	23.5	$	24.2	$	23.1