6. Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Income Tax Disclosure [Abstract]

U.S. and international components of income before taxes [Table Text Block]

The U.S. and international components of income before taxes are as follows (in millions):

	Year Ended December 31,
	2013		2012		2011
U.S.	$	5.7	$	110.6	$	111.8
International	106.7		119.3		134.0
Income before taxes	$	112.4	$	229.9	$	245.8

Provision for income taxes [Table Text Block]

The provision for income taxes consists of the following (in millions):

	Year Ended December 31,
	2013			2012			2011
Current tax expense (benefit):
U.S. Federal	$	(5.0	)	$	34.4		$	29.0
State	0.6			4.1			3.5
International	38.3			37.3			42.0
Current tax expense	33.9			75.8			74.5
Deferred tax (benefit) expense:
U.S. Federal	4.8			(3.1		)	6.7
State	(0.1		)	(0.9		)	0.4
International	(9.4		)	(6.3		)	(9.1		)
Deferred tax benefit	(4.7		)	(10.3		)	(2.0		)
Non-current tax expense (benefit)	5.4			(1.1		)	(5.5		)
Provision for income taxes	$	34.6		$	64.4		$	67.0

Reconcilation of effective tax rate on inocme before taxes and statutory rate [Table Text Block]

The reconciliation between our effective tax rate on income before taxes and the statutory tax rate is as follows:

	Year Ended December 31,
	2013		2012		2011
U. S. statutory tax rate	35	%	35	%	35	%
Impact of foreign operations	(6	)	(3	)	(4	)
Research tax credits	(6	)	—		(1	)
Nontaxable subsidies	(2	)	(1	)	(1	)
Tax settlements and changes to unrecognized tax benefits	5		—		(2	)
Contingent consideration	(1	)	(2	)	—
Other	6		(1	)	—
Provision for income taxes	31	%	28	%	27	%

Significant components of deferred tax assets and liabilities [Table Text Block]

Significant components of deferred tax assets and liabilities are as follows (in millions):

	December 31,
	2013			2012
Deferred tax assets:
Bad debt, inventory and warranty accruals	$	27.5		$	24.1
Legal reserves	12.0			—
Other post-employment benefits, vacation and other reserves	22.2			26.5
Tax credit and net operating loss carryforwards	62.3			62.1
Other	19.0			18.3
Valuation allowance	(64.0		)	(52.9		)
	79.0			78.1
Deferred tax liabilities:
Property and equipment	17.2			8.6
Investments and intangible assets	147.0			119.3
	164.2			127.9
Net deferred tax liabilities	$	(85.2	)	$	(49.8	)

Tabular reconcilation of total amounts of unrecognized tax benefits [Table Text Block]

The following is a tabular reconciliation of the total amounts of unrecognized tax benefits (in millions):

	2013			2012			2011
Unrecognized tax benefits – January 1	$	12.6		$	11.3		$	16.6
Additions to tax positions related to prior years	4.7			1.3			1.2
Reductions to tax positions related to prior years	(0.8		)	(0.8		)	(0.4		)
Additions to tax positions related to the current year	2.0			1.6			1.5
Settlements	(0.3		)	—			(2.2		)
Lapse of statute of limitations	(1.7		)	(3.0		)	(5.1		)
Acquisitions	—			2.2			—
Currency translation	(0.3		)	—			(0.3		)
Unrecognized tax benefits – December 31	$	16.2		$	12.6		$	11.3