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Income Taxes (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Income Tax Disclosure [Abstract]        
Continuing operations $ 104.8 $ 75.9 $ 190.5 $ (34.3)
Income tax expense $ 32.0 $ 17.8 $ 62.9 $ (31.3)
Effective tax rate (percent) 30.50% 23.50% 33.00% 91.30%
Discrete Items, Before Tax:        
Acquisition related charges $ 0.0 [1] $ 21.0 [1] $ 0.0 $ 211.7
Currency remeasurement 4.9 [2] 17.7 [2] 7.2 24.0
Other discrete items 50.7 [3] 13.6 [3] 101.7 35.4
Tax only discrete items [4] 0.0 0.0    
Total discrete items 55.6 52.3 108.9 271.1
Continuing operations, before discrete items 160.4 128.2 299.4 236.8
Discrete Items, Tax:        
Acquisition related charges 0.0 [1] 7.5 [1] 0.0 77.8
Currency remeasurement (1.0) [2] 6.7 [2] (0.5) 3.9
Other discrete items 2.5 [3] 1.9 [3] 3.9 9.2
Tax only discrete items (0.3) [4] (2.1) [4] (3.2) 0.9
Total discrete items 1.2 14.0 0.2 91.8
Continuing operations, before discrete items $ 33.2 $ 31.8 $ 63.1 $ 60.5
Estimated Annualized Effective Tax Rate (EAETR) (percent) 20.70% [5] 24.80% [5] 21.10% 25.50%
[1] Due to the nature of acquisition-related charges incurred during 2016, these charges are not treated discretely in accordance with GAAP. As such, the amounts differ from total acquisition-related charges as presented in Note 3. Acquisition-related charges for the three and six months ended June 30, 2015 are primarily taxed at domestic tax rates resulting in a material tax benefit. The acquisition-related charges are comprised of legal and professional fees and a loss incurred from hedging activity associated with the purchase price of Cheminova. See Note 3 for more information. As noted in footnote (2), below, hedge gains or losses are accounted for discretely for GAAP purposes.
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[4] .
[5] .