XML 201 R57.htm IDEA: XBRL DOCUMENT v3.10.0.1
Income Taxes - Income Tax Reconciliation (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
Effective Income Tax Rate Reconciliation, Amount [Abstract]                      
Income taxes at U.S. statutory rate of 21% (35% for 2016 and 2017)                 $ 251.2 $ 372.3 $ 330.0
State taxes, net of federal benefit                 5.6 2.3 1.8
U.S. tax on non-U.S. earnings                 36.5 170.6 32.2
Affiliates' earnings                 (10.3) (17.9) (15.0)
Foreign rate differentials                 27.5 (100.2) (93.3)
Tax holidays                 (28.0) (31.0) (25.5)
Net tax on remittance of foreign earnings                 (21.5) 80.3 21.8
Tax credits                 (26.0) (24.2) (3.2)
Reserve adjustments, settlements and claims                 32.5 8.0 11.6
Valuation allowance adjustments $ (9.1)               (10.6) 12.2 (2.7)
Non-deductible transaction costs                 2.6 10.9 8.3
Provision to return and other one-time tax adjustments                 (29.8) (1.9) 0.3
Impact of transactions                 (0.1) 4.0 16.3
Other foreign taxes                 8.4 8.1 12.9
Revaluation of U.S. deferred taxes                 (4.2) 63.7 0.0
Effective rate reconciliation, FDII                 (15.3) 0.0 0.0
Other                 (7.2) 23.1 10.5
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
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%    
Effective tax rate reconciliation, GILTI                 $ 28.9    
Income Tax Expense (Benefit), Continuing Operations, Adjustment of Deferred Tax (Asset) Liability                   $ 104.7  
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  
Increase of deferred tax liabilities, future remittance of foreign earnings, due to the Act                   94.1  
Tax benefit associated with restructuring (5.5) (1.3) (7.6) (0.6) (8.9) (1.2)     (15.0) (10.1) (6.0)
Tax benefit associated with merger and acquisition expense (0.1)     (0.3) (0.7) (0.3)     (0.3) (1.0)  
Tax expenses (benefits) associated with asbestos-related adjustments (5.5)               (5.5)   17.5
Tax benefit associated with asset impairment expense (7.7)       (18.2)       (7.7) (18.2)  
Tax expense on gain from customer contract expiration       0.9         0.9   2.2
Effective Income Tax Rate Reconciliation, Disposition of Asset, Amount 5.8               5.8    
Effective rate reconciliation, measurement period adjustments due to the Tax Act 7.4 (6.6) (13.4)           (12.6)    
Effective Income Tax Rate Reconciliation, Tax Credit, Foreign, Amount (0.4) (0.5) (21.1)           (22.0)    
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount                 (9.1)    
Effective income tax rate reconciliation, tax reserve adjustments (2.8)               (2.8)    
Tax benefits associated with loss on divestiture                     (22.7)
Tax impact of other tax adjustments $ (18.5) $ (1.8) $ (9.9) $ 0.4 $ 7.9 $ (5.1) $ (3.2) $ 3.4 $ (29.8) $ (3.8) (8.6)
Tax benefits associated with intangible asset impairment                     $ (4.4)