XML 81 R66.htm IDEA: XBRL DOCUMENT v3.3.1.900
Income Taxes (Details 2) - USD ($)
$ in Millions
 3 Months Ended 12 Months Ended
Mar. 29, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating Loss Carryforwards              
Deferred and other income taxes         $ 55.2 $ 69.1 [1]  
Tax credit carryforwards         6.0    
Carryforwards expiring in 2015         0.3    
Tax credit carryforwards expiring between 2015 and 2034         452.7    
Increase (decrease) in valuation allowance   $ 82.0 $ 3.6        
Excess amount for financial reporting over tax basis of investments in foreign subsidiaries         33.0    
Unrecognized tax benefits $ 128.4 63.3 128.4 $ 108.4 48.8 63.3 $ 128.4
Net unrecognized tax benefits         30.1 33.9 72.9
Gross accrued interest         5.4 5.9 12.4
Net accrued interest         4.5 4.9 8.6
Gross interest income included in income tax (provision) benefit   0.2 0.9 0.2      
Penalties excluded         0.0 0.0 $ 7.1
Penalties recorded   0.0 (7.1) 0.0      
Reasonably possible amount that unrecognized tax benefits could decrease within next 12 months, low end of range         6.0    
Reasonably possible amount that unrecognized tax benefits could decrease within next 12 months, high end of range         10.0    
Pre-tax losses generated during the year for which no tax benefit was recognized   139.0          
Aggregate changes in balance of unrecognized tax benefits              
Unrecognized tax benefit — opening balance 128.4 63.3 128.4 108.4      
Gross increases — tax positions in prior period   14.1 3.7 0.5      
Gross decreases — tax positions in prior period   (7.6) (36.9) (2.3)      
Gross increases — tax positions in current period   11.3 11.7 28.4      
Settlements   0.0 (28.2) (1.1)      
Lapse of statute of limitations   (4.4) (14.7) (5.5)      
Gross decreases — Spin-Off   (26.7) 0.0 0.0      
Change due to foreign currency exchange rates   (1.2) (0.7) 0.0      
Unrecognized tax benefit — ending balance   48.8 63.3 128.4      
Uncertain Tax Positions and Other Tax Matters              
Income tax charges (benefits) related to valuation allowances recorded against foreign deferred income tax assets     33.8 (9.5)      
Income taxes relating to repatriation of earnings     11.4        
Tax benefit related to audit settlements and statute expirations   3.4 16.2 4.1      
Tax benefit related to loss on an investment in a foreign subsidiary     6.4        
Tax benefit related to the research and experimentation credit generated in 2012       $ 4.1      
EGS Electrical Group, LLC and Subsidiaries ("EGS")              
Operating Loss Carryforwards              
Gain on sale of interest in EGS $ 491.2   $ 491.2        
State and Local Jurisdiction              
Operating Loss Carryforwards              
Tax loss carryforwards         433.0    
Foreign Jurisdictions              
Operating Loss Carryforwards              
Tax loss carryforwards         $ 221.0    
Foreign taxes incurred related to Spin-Off and reorganization actions   $ 3.7          
Restatement Adjustment              
Operating Loss Carryforwards              
Deferred and other income taxes [2]           $ 1.3  
[1] Reflects the resulting amounts in the accompanying consolidated statements of operations for the years ended December 31, 2014 and 2013, and the accompanying consolidated balance sheet at December 31, 2014.
[2] Reflects the correction of misstatements identified related to the understatement of an impairment charge associated with certain trademarks, the improper capitalization of software development costs, and the understatement of deferred income tax liabilities $(4.3), partially offset by the tax effects of the first two misstatements $(3.0). See Note 1 for additional details.