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Segment Reporting (Tables)
 6 Months Ended
Jun. 30, 2014
Segment Reporting [Abstract]  
Sales Information By Reportable Segments
Segment results for the three and six months ended June 30, 2014 and 2013 and assets as of June 30, 2014 and December 31, 2013 based on the Company’s reportable segments are as follows (in millions):
Three Months Ended June 30,
 
North
America
 
South
America
 
Europe/Africa/
Middle East
 
Asia/
Pacific
 
Consolidated
2014
 
 

 
 

 
 

 
 

 
 

Net sales
 
$
686.2

 
$
440.2

 
$
1,521.9

 
$
102.0

 
$
2,750.3

Income (loss) from operations
 
95.5

 
29.9

 
188.1

 
(3.3
)
 
310.2

Depreciation
 
14.4

 
6.6

 
35.3

 
3.6

 
59.9

Capital expenditures
 
11.5

 
10.2

 
21.4

 
11.2

 
54.3

2013
 
 

 
 

 
 

 
 

 
 

Net sales
 
$
788.9

 
$
540.0

 
$
1,599.0

 
$
120.3

 
$
3,048.2

Income (loss) from operations
 
121.6

 
59.7

 
204.9

 
(0.8
)
 
385.4

Depreciation
 
12.2

 
6.3

 
30.5

 
2.0

 
51.0

Capital expenditures
 
12.6

 
12.6

 
48.5

 
6.5

 
80.2


Six Months Ended June 30,
 
North
America
 
South
America
 
Europe/Africa/
Middle East
 
Asia/
Pacific
 
Consolidated
2014
 
 

 
 

 
 

 
 

 
 

Net sales
 
$
1,333.7

 
$
793.8

 
$
2,757.8

 
$
198.4

 
$
5,083.7

Income (loss) from operations
 
151.0

 
57.8

 
309.0

 
(4.6
)
 
513.2

Depreciation
 
29.4

 
12.8

 
70.2

 
6.9

 
119.3

Capital expenditures
 
36.7

 
16.5

 
82.1

 
20.2

 
155.5

2013
 
 

 
 

 
 

 
 

 
 

Net sales
 
$
1,413.1

 
$
1,005.7

 
$
2,792.2

 
$
240.3

 
$
5,451.3

Income from operations
 
193.7

 
108.0

 
304.6

 
4.7

 
611.0

Depreciation
 
24.2

 
12.7

 
60.0

 
4.5

 
101.4

Capital expenditures
 
27.5

 
30.6

 
101.7

 
14.4

 
174.2

Assets
 
 
 
 
 
 
 
 
 
 
As of June 30, 2014
 
$
1,136.3

 
$
909.4

 
$
2,679.5

 
$
405.9

 
$
5,131.1

As of December 31, 2013
 
1,002.8

 
773.5

 
2,368.9

 
289.5

 
4,434.7
Reconciliation of Income From Operations from Segment to Consolidated
A reconciliation from the segment information to the consolidated balances for income from operations and total assets is set forth below (in millions):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2014
 
2013
 
2014
 
2013
Segment income from operations
$
310.2

 
$
385.4

 
$
513.2

 
$
611.0

Corporate expenses
(28.2
)
 
(27.7
)
 
(59.6
)
 
(56.0
)
Stock compensation expense
(5.3
)
 
(18.5
)
 
(11.2
)
 
(26.4
)
Amortization of intangibles
(10.0
)
 
(12.1
)
 
(20.0
)
 
(24.1
)
Consolidated income from operations
$
266.7

 
$
327.1

 
$
422.4

 
$
504.5
Reconciliation of Assets from Segment to Consolidated
 
June 30, 2014
 
December 31, 2013
Segment assets
$
5,131.1

 
$
4,434.7

Cash and cash equivalents
323.3

 
1,047.2

Receivables from affiliates
143.7

 
124.3

Investments in affiliates
448.2

 
416.1

Deferred tax assets, other current and noncurrent assets
690.8

 
672.2

Intangible assets, net
541.6

 
565.6

Goodwill
1,190.6

 
1,178.7

Consolidated total assets
$
8,469.3

 
$
8,438.8