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Income Taxes | 3 Months Ended
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Mar. 31, 2015
Income Tax Disclosure [Abstract] |
Income Taxes | Note 12—Income taxes:
| Three months ended March 31, |
| 2014 |  |  | 2015 |
| (In millions)
Expected tax expense, at U.S. federal statutory income tax rate of 35% | $ | 2.9 |  |  | $ | 7.6 |
Incremental tax (benefit) on earnings of non-U.S. and non-tax group companies |  | (.1 | ) |  |  | .5 |
Non-U.S. tax rates |  | (.7 | ) |  |  | (1.1 | )
Adjustment to the reserve for uncertain tax positions, net |  | .3 |  |  |  | (2.7 | )
Nondeductible expenses |  | .4 |  |  |  | .5 |
Domestic manufacturing credit |  | (.1 | ) |  |  | (.8 | )
U.S. state income taxes and other, net |  | 1.1 |  |  |  | .3 |
Income tax expense | $ | 3.8 |  |  | $ | 4.3 |
Comprehensive provision for income taxes allocable to: |  |
Net income | $ | 3.8 |  |  | $ | 4.3 |
Other comprehensive income (loss): |  |  |  |  |  |  |
Marketable securities |  | (8.8 | ) |  |  | (.2 | )
Currency translation |  | (.7 | ) |  |  | (16.2 | )
Pension plans |  | 1.0 |  |  |  | 1.3 |
OPEB plans |  | (.2 | ) |  |  | (.2 | )
Total | $ | (4.9 | ) |  | $ | (11.0 | )
Tax authorities are examining certain of our U.S. and non-U.S. tax returns and have or may propose tax deficiencies, including penalties and interest. Because of the inherent uncertainties involved in settlement initiatives and court and tax proceedings, we cannot guarantee that these matters will be resolved in our favor, and therefore our potential exposure, if any, is also uncertain. We believe we have adequate accruals for additional taxes and related interest expense which could ultimately result from tax examinations. We believe the ultimate disposition of tax examinations should not have a material adverse effect on our consolidated financial position, results of operations or liquidity. In the first quarter of 2015, we recognized a non-cash income tax benefit of $2.7 million primarily related to the release of a portion of our reserve for uncertain tax positions due to the expiration of the applicable statute of limitations. We currently estimate that our unrecognized tax benefits will not further change materially during the next twelve months.

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- Definition The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph h -Article 4 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319 + Details
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