XML 125 R104.htm IDEA: XBRL DOCUMENT v3.8.0.1
Provision for Income Taxes (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2017
[1]
Sep. 30, 2017
[1]
Jun. 30, 2017
[1]
Mar. 31, 2017
[1]
Dec. 31, 2016
[1]
Sep. 30, 2016
[1]
Jun. 30, 2016
[1]
Mar. 31, 2016
[1]
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
U.S. federal income taxes (including foreign withholding taxes):                      
Current federal income taxes                 $ 154.1 $ 54.3 $ 117.8
Deferred federal income taxes                 (32.2) 36.6 46.9
Total federal income taxes                 121.9 90.9 164.7
State and local income taxes:                      
Current state and local income taxes                 18.8 8.2 15.1
Deferred state and local income taxes                 20.4 (1.5) 13.0
Total state and local income taxes                 39.2 6.7 28.1
Foreign income taxes:                      
Current foreign income taxes                 107.9 89.8 100.4
Deferred foreign income taxes                 12.9 10.6 (10.4)
Total foreign income taxes                 120.8 100.4 90.0
Total provision for income taxes $ 166.1 $ 42.5 $ 75.4 $ (2.1) $ 106.1 $ 63.8 $ 43.7 $ (15.6) $ 281.9 $ 198.0 $ 282.8
[1] The three months ended September 30, 2017 included a tax benefit of $31.2 related to foreign tax credits from distributions of unremitted earnings, which was reversed during the three months ended December 31, 2017 as a result of the enactment of the Tax Cuts and Jobs Act. The three months ended December 31, 2017 included a net tax benefit of $36.0 as a result of the enactment of the Tax Cuts and Jobs Act. The three months ended March 31, 2016 included a tax benefit of $12.2 due to the reversal of valuation allowances. The three months ended June 30, 2016 included a tax benefit of $23.4 related to the conclusion and settlement of a tax examination of previous years. The three months ended December 31, 2016 included a tax benefit of $37.4 for refunds to be claimed on future amended U.S. federal returns.