XML 200 R56.htm IDEA: XBRL DOCUMENT v3.10.0.1
Income Taxes (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Earnings before income taxes and the provision for income taxes                      
Earnings before income taxes - U.S.                 $ 220.0 $ 203.0 $ 27.5
Earnings before income taxes - Non-U.S.                 975.9 860.6 915.2
Earnings before income taxes and noncontrolling interest $ 266.8 $ 282.7 $ 314.7 $ 331.7 $ 206.4 $ 274.0 $ 297.3 $ 285.9 1,195.9 1,063.6 942.7
Current:                      
Federal                 17.1 36.4 37.4
State                 5.4 4.6 6.1
Foreign                 258.8 247.4 251.7
Total current                 281.3 288.4 295.2
Deferred:                      
Federal                 (39.6) 323.7 23.5
State                 (8.5) 2.1 (0.8)
Foreign                 (21.9) (33.9) (11.9)
Total deferred                 (70.0) 291.9 10.8
Provision for income taxes 19.2 66.8 30.4 $ 94.9 338.4 $ 79.4 $ 76.2 $ 86.3 $ 211.3 $ 580.3 $ 306.0
Effective tax rate                 17.70% 54.60% 32.50%
U.S. Federal Corporate Tax Rate prior to the Tax Cuts and Jobs Act                   35.00%  
U.S. Federal Corporate Tax Rate After the Tax Cuts and Jobs Act                 21.00%    
Tax reform adjustments to provision for income taxes         273.5       $ (12.6) $ 273.5 $ 0.0
Income tax expense, revaluation of deferred tax assets and liabilities due to change of tax law                   74.7  
Income tax expense related to executive compensation due to change of tax law                   11.0  
Income Tax Expense (Benefit), Continuing Operations, Adjustment of Deferred Tax (Asset) Liability                   104.7  
Increase of deferred tax liabilities, future remittance of foreign earnings, due to the Act                   94.1  
Increase (decrease) in deferred tax assets due to final SAB 118 adjustments                 12.9    
Increase (decrease) in deferred tax assets, executive compensation, final SAB 118 adjustments                 8.7    
Income tax expense, one-time transition tax measurement period adjustment due to change of tax law                 7.6    
Decrease in deferred tax liability, indefinite reinvestment assertion, measurement period adjustments due to change of law                 7.3    
Effective rate reconciliation, measurement period adjustments due to the Tax Act 7.4 $ (6.6) $ (13.4)           (12.6)    
Deferred tax liability, unremitted foreign earnings 57.4       $ 98.5       57.4 $ 98.5  
Undistributed Earnings of Foreign Subsidiaries 300.0               300.0    
Deferred Tax Liability Not Recognized, Amount of Unrecognized Deferred Tax Liability, Undistributed Earnings of Foreign Subsidiaries $ 30.0               $ 30.0