XML 63 R65.htm IDEA: XBRL DOCUMENT v2.4.0.8
Income Taxes (Details) (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Earnings before provision for income taxes and discontinued operations [Abstract]      
Domestic $ 775,499,000 $ 700,745,000 $ 577,142,000
Foreign 461,913,000 436,826,000 433,120,000
Earnings before provision for income taxes and discontinued operations 1,237,412,000 1,137,571,000 1,010,262,000
Current Income Tax Expense (Benefit), Continuing Operations [Abstract]      
U.S. Federal 155,151,000 219,850,000 159,250,000
State and local 20,298,000 (304,000) (12,058,000)
Foreign 110,216,000 96,713,000 98,919,000
Total current - continuing 285,665,000 316,259,000 246,111,000
Deferred Income Tax Expense (Benefit), Continuing Operations [Abstract]      
U.S. Federal 23,664,000 19,475,000 850,000
State and local (5,864,000) (2,584,000) (2,535,000)
Foreign (31,858,000) (28,698,000) (7,350,000)
Total deferred - continuing (14,058,000) (11,807,000) (9,035,000)
Total expense - continuing 271,607,000 304,452,000 237,076,000
Effective Income Tax Rate, Continuing Operations, Tax Rate Reconciliation [Abstract]      
U.S. Federal income tax rate 35.00% 35.00% 35.00%
State and local taxes, net of Federal income tax benefit 1.10% 1.10% 1.10%
Foreign operations tax effect (7.10%) (7.20%) (6.90%)
R&E tax credits (0.80%) 0.00% (0.40%)
Domestic manufacturing deduction (2.00%) (1.80%) (1.60%)
Foreign tax credits 0.40% 0.20% 0.30%
Branch losses (0.20%) 0.00% 0.00%
Release of valuation allowance 0.00% 0.00% (1.00%)
Resolution of tax contingencies (5.40%) (1.40%) (4.00%)
Other, principally non-tax deductible items 0.90% 0.90% 1.00%
Effective rate from continuing operations 21.90% 26.80% 23.50%
Tax credits research estimated future benefit 4,800,000    
Impact of tax holiday $ 32,000,000 $ 45,000,000 $ 25,500,000