Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Income Taxes

Schedule of income (loss) from continuing operations before income taxes and (provision for) benefit from income taxes

	Year ended December 31,
	2013			2012			2011
Income (loss) from continuing operations:
United States	$	197.2		$	(242.1	)	$	(39.8	)
Foreign		58.9			44.2			160.2
	$	256.1		$	(197.9	)	$	120.4
(Provision for) benefit from income taxes:
Current:
United States	$	70.2		$	(1.4	)	$	1.8
Foreign		(30.0	)		(20.9	)		(29.3	)
Total current		40.2			(22.3	)		(27.5	)
Deferred and other:
United States		(123.1	)		8.3			46.7
Foreign		28.1			35.3			(6.9	)
Total deferred and other		(95.0	)		43.6			39.8
Total (provision) benefit	$	(54.8	)	$	21.3		$	12.3

Schedule of reconciliation of income tax computed at the U.S. federal statutory tax rate to the effective income tax rate

	Year ended December 31,
	2013			2012			2011
Tax at U.S. federal statutory rate		35.0	%		35.0	%		35.0	%
State and local taxes, net of U.S. federal benefit		1.4			(0.1	)		0.8
U.S. credits and exemptions		(4.0	)		2.5			(11.4	)
Foreign earnings taxed at lower rates		(11.4	)		12.7			(5.8	)
Audit settlements with taxing authorities		0.2			14.0			(0.6	)
Adjustments to uncertain tax positions		0.9			(2.7	)		(6.8	)
Changes in valuation allowance		(0.2	)		(5.6	)		(25.9	)
Tax on repatriation of foreign earnings		(0.6	)		(7.7	)		5.7
Goodwill impairment and basis adjustments		—			(37.9	)		—
Other		0.1			0.6			(1.2	)
		21.4	%		10.8	%		(10.2	)%

Schedule of significant components of deferred tax assets and liabilities

	As of December 31,
	2013			2012
Deferred tax assets:
Working capital accruals	$	26.8		$	33.4
Legal, environmental and self-insurance accruals		42.3			39.0
Pension, other postretirement and postemployment benefits		95.5			186.8
NOL and credit carryforwards		229.8			193.2
Payroll and compensation		63.5			53.8
Other		45.1			98.0
Total deferred tax assets		503.0			604.2
Valuation allowance		(149.3	)		(128.1	)
Net deferred tax assets		353.7			476.1
Deferred tax liabilities:
Accelerated depreciation		69.3			61.5
Basis difference in affiliates		152.1			151.8
Intangible assets recorded in acquisitions		285.9			312.9
Other		25.8			23.7
Total deferred tax liabilities		533.1			549.9
	$	(179.4	)	$	(73.8	)

Schedule of changes in the balance of unrecognized tax benefits

	Year ended December 31,
	2013			2012			2011
Unrecognized tax benefit — opening balance	$	108.4		$	120.4		$	142.7
Gross increases — tax positions in prior period		0.5			20.6			3.3
Gross decreases — tax positions in prior period		(2.3	)		(33.9	)		(23.4	)
Gross increases — tax positions in current period		28.4			11.2			10.9
Settlements		(1.1	)		(7.1	)		(0.9	)
Lapse of statute of limitations		(5.5	)		(2.7	)		(11.5	)
Change due to foreign currency exchange rates		—			(0.1	)		(0.7	)
Unrecognized tax benefit — ending balance	$	128.4		$	108.4		$	120.4