XML 83 R101.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Income Taxes (Schedule of Deferred Tax Asset and Liabilities) (Details) - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Deferred tax assets:    
Purchases of intangible assets $ 2,512.4 $ 2,627.7
Compensation and benefits 934.3 781.6
Tax credit carryforwards and carrybacks 455.8 359.4
Tax loss carryforwards and carrybacks 318.8 248.2
Sales rebates and discounts 197.3 45.5
Operating lease liabilities 140.6  
Product return reserves 98.1 95.3
Other comprehensive loss on hedging transactions 59.6 68.9
Debt 53.9 40.3
Other 835.7 646.3
Total gross deferred tax assets 5,606.5 4,913.2
Valuation allowances (616.5) (574.8)
Total deferred tax assets 4,990.0 4,338.4
Deferred tax liabilities:    
Earnings of foreign subsidiaries (1,776.4) (1,745.3)
Intangibles (1,298.0) (86.9)
Inventories (686.4) (681.3)
Prepaid employee benefits (305.9) (240.1)
Property and equipment (274.1) (260.9)
Financial instruments (139.4) (22.8)
Operating lease assets (124.7)  
Total deferred tax liabilities (4,604.9) (3,037.3)
Deferred tax assets, net $ 385.1 $ 1,301.1