XML 71 R39.htm IDEA: XBRL DOCUMENT v3.8.0.1
Income Taxes (Tables)
 9 Months Ended
Sep. 30, 2017
Income Tax Disclosure [Abstract]  
Reconciliation between the U.S. federal statutory tax rate and effective tax rate
A reconciliation between the U.S. federal statutory tax rate and our effective tax rate is summarized as follows:
 
For the Three Months
Ended September 30,
 
For the Nine Months
Ended September 30,
 
2017
 
2016
 
2017
 
2016
Statutory rate
35.0
 %
 
35.0
 %
 
35.0
 %
 
35.0
 %
State taxes
0.7

 
1.1

 
0.6

 
1.0

Taxes on foreign earnings
(11.4
)
 
(10.1
)
 
(11.4
)
 
(9.4
)
Credits and net operating loss utilization
(0.7
)
 
(1.4
)
 
(0.8
)
 
(1.3
)
Purchased intangible assets
1.2

 
1.2

 
1.3

 
1.1

Manufacturing deduction
(2.0
)
 
(1.8
)
 
(2.1
)
 
(1.7
)
Other permanent items
0.6

 
0.2

 
0.7

 
0.5

Other
0.4

 
0.5

 
0.6

 
0.4

Effective tax rate
23.8
 %
 
24.7
 %
 
23.9
 %
 
25.6
 %