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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

An analysis of the provision (benefit) for income taxes from continuing operations follows ($ in millions):

	For the Years Ended December 31,
	2013				2012				2011
Current income taxes:
U.S. Federal	$	13.6			$	16.2			$	12.8
U.S. State	0.9				1.5				1.1
Foreign	21.2				18.7				32.8
	35.7				36.4				46.7
Deferred income taxes:
U.S. Federal	(0.2		)		(4.6		)		4.6
U.S. State	—				(0.4		)		0.4
Foreign	17.5				18.1				(18.9		)
	17.3				13.1				(13.9		)
Total	$	53.0			$	49.5			$	32.8

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of income taxes computed at the U.S. Federal statutory income tax rate to the provision for income taxes is as follows ($ in millions): 

	For the Years Ended December 31,
	2013							2012							2011
	Amount				Percent			Amount				Percent			Amount				Percent
Tax provision at U.S. statutory rate	$	44.7			35.0	%		$	52.4			35.0	%		$	42.1			35.0	%
Foreign income tax rate differential	8.2				6.4			(1.4		)		(2.1	)		(0.3		)		(0.2	)
Tax benefits of foreign legal structure	(0.9		)		(0.7	)		(1.1		)		(0.7	)		(2.2		)		(1.8	)
Foreign tax incentives	—				—			—				—			(12.7		)		(10.6	)
Adjustments to valuation allowances	1.2				0.9			—				—			5.9				4.9
French business tax classified as income tax	2.2				1.7			2.4				1.6			2.6				2.2
Other foreign taxes, net	(0.5		)		(0.4	)		(0.8		)		0.7			(2.3		)		(1.9	)
Other, net	(1.9		)		(1.4	)		(2.0		)		(1.4	)		(0.3		)		(0.3	)
Provision for income taxes	$	53.0			41.5	%		$	49.5			33.1	%		$	32.8			27.3	%

Schedule of Deferred Tax Assets and Liabilities

Deferred income tax assets (liabilities) were comprised of the following ($ in millions):

	December 31,
Current deferred income tax assets attributable to:	2013				2012
Inventories	$	(1.0	)		$	0.6
Postretirement and other employee benefits	1.9				2.1
Other accrued liabilities	6.0				4.7
Valuation allowances	(3.0		)		(1.3		)
Foreign tax incentives	2.3				7.7
Other	3.9				(0.3		)
Net current deferred income tax assets	$	10.1			$	13.5
Noncurrent deferred income tax assets attributable to:
Operating loss carryforwards	$	8.8			$	19.2
Tax credit carryforwards	—				1.0
Postretirement and other employee benefits	—				9.9
Accumulated depreciation and amortization	—				(12.2		)
Valuation allowances	(9.8		)		(18.7		)
Other	1.0				11.3
Net noncurrent deferred income tax assets	$	—			$	10.5
Noncurrent deferred income tax liabilities attributable to:
Accumulated depreciation and amortization	$	(74.3	)		$	(51.4	)
Operating loss carryforwards	14.3				18.6
Valuation allowance	(7.5		)		—
Postretirement and other employee benefits	13.1				5.4
Basis difference of acquired intangible assets	(29.9		)		—
Other	3.4				(1.0		)
Net noncurrent deferred income tax liabilities	$	(80.9	)		$	(28.4	)

Schedule of Unrecognized Tax Benefits

The following table summarizes the activity related to the Company's unrecognized tax benefits related to income taxes ($ in millions):

	December 31, 2013
Uncertain tax position balance at beginning of year	$	1.8
Increases related to current year tax positions	—
Uncertain tax position balance at end of year	$	1.8

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions.

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