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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2018

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

The components of income (loss) before income taxes are as follows:

	2018				2017				2016
	(in millions)
U.S. income (loss)	$	(549.4	)		$	(37.1	)		$	90.0
Non - U.S. income	435.5				377.1				209.0
Total income (loss) before income taxes	$	(113.9	)		$	340.0			$	299.0

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The following is a summary of the components of our provision for income taxes:

	2018				2017				2016
	(in millions)
Current
Federal	$	(81.5	)		$	87.1			$	0.4
State and local	3.2				(0.7		)		—
Foreign	46.5				62.4				27.5
Total current	$	(31.8	)		$	148.8			$	27.9
Deferred
Federal	$	(5.1	)		$	(122.3	)		$	31.2
State and local	(6.7		)		(17.0		)		—
Foreign	(13.5		)		(7.0		)		(0.8		)
Total deferred	(25.3		)		(146.3		)		30.4
Total income tax expense (benefit)	$	(57.1	)		$	2.5			$	58.3

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The following is a reconciliation of income taxes calculated at the U.S. federal statutory income tax rate of 21% in 2018 and 35% in 2017 and 2016 to our provision for income taxes:

	2018				2017				2016
Federal statutory	$	(23.9	)		$	119.0			$	104.7
Foreign income taxes	(39.7		)		(96.3		)		(61.3		)
Change in enacted tax rate	(8.3		)		(107.6		)		(0.7		)
Transition tax	5.8				108.3				—
State and local	(12.8		)		(6.3		)		—
Tax credits	(20.1		)		(8.8		)		(3.3		)
Valuation allowance	12.9				(6.1		)		1.1
Goodwill impairment	21.6				—				—
Withholding taxes	6.6				4.7				1.2
U.S. tax on unremitted foreign earnings	4.1				(18.6		)		0.6
Global intangible low-taxed income	8.0				—				—
Uncertain tax positions	(9.8		)		13.5				1.6
Other	(1.5		)		0.7				14.4
Effective income tax expense (benefit)	$	(57.1	)		$	2.5			$	58.3

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Deferred tax assets and liabilities recognized in our Consolidated Balance Sheets are as follows:

	December 31,
	2018				2017
	(in millions)
U.S. federal and state deferred tax liability, net	$	(76.6	)		$	(79.4	)
Other foreign deferred tax asset, net	29.5				14.8
Deferred tax liability, net	$	(47.1	)		$	(64.6	)

The approximate tax effect of each significant type of temporary difference and carryforward that results in a deferred tax asset or liability is as follows:

	December 31,
	2018				2017
	(in millions)
Deferred tax assets
Employee benefits	$	152.9			$	155.9
Inventory	22.9				20.8
Net operating loss (NOL) carryforwards	166.0				172.4
Tax credit carryforwards	44.3				96.4
Capital allowance carryforwards	10.0				11.2
Fixed assets	4.7				5.1
Deferred revenue	7.4				14.7
Capitalized expenditures	25.9				35.4
Other	35.2				26.9
Valuation allowances	(183.3		)		(180.4		)
Deferred tax assets	$	286.0			$	358.4
Deferred tax liabilities
U.S. tax on unremitted foreign earnings	(6.5		)		(2.4		)
Other intangible assets	(176.0		)		(281.6		)
Fixed assets	(141.9		)		(120.3		)
Other	(8.7		)		(18.7		)
Deferred tax liabilities	$	(333.1	)		$	(423.0	)
Deferred tax asset (liability), net	$	(47.1	)		$	(64.6	)

Schedule of Unrecognized Income Tax Benefits [Table Text Block]

A reconciliation of the beginning and ending amounts of unrecognized income tax benefits is as follows:

	Unrecognized Income Tax				Interest and
	Benefits				Penalties
	(in millions)
Balance at January 1, 2016	$	41.6			$	6.9
Increase in prior year tax positions	0.4				2.0
Decrease in prior year tax positions	(2.5		)		(0.5		)
Increase in current year tax positions	9.3				—
Settlement	(17.3		)		(5.6		)
Foreign currency remeasurement adjustment	(3.3		)		(0.3		)
Balance at December 31, 2016	$	28.2			$	2.5
Increase in prior year tax positions	1.5				3.1
Decrease in prior year tax positions	(0.4		)		—
Increase in current year tax positions	10.5				—
Increase from acquisitions	8.3				1.9
Settlement	(1.2		)		(0.1		)
Foreign currency remeasurement adjustment	0.8				0.1
Balance at December 31, 2017	$	47.7			$	7.5
Increase in prior year tax positions	5.6				3.5
Decrease in prior year tax positions	(16.9		)		(2.5		)
Increase in current year tax positions	6.0				—
Settlement	(3.7		)		(1.6		)
Balance at December 31, 2018	$	38.7			$	6.9

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure for tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities and other income tax contingencies. Includes, but is not limited to, interest and penalties, reconciliation of unrecognized tax benefits, unrecognized tax benefits that would affect the effective tax rate, tax years that remain subject to examination by tax jurisdictions, and information about positions for which it is reasonably possible that amounts unrecognized will significantly change within 12 months.

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