Annual report pursuant to Section 13 and 15(d)

INCOME TAXES (Components of Deferred Income Tax Assets and Liabilities) (Detail)

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INCOME TAXES (Components of Deferred Income Tax Assets and Liabilities) (Detail) - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Deferred income tax assets:    
Employee pension benefits $ 131.7 $ 142.6
Net operating and capital loss carryforwards 236.1 136.1
Foreign tax credits 50.7 94.7
Employee compensation programs 70.9 67.1
Reserves and accrued expenses 13.9 6.4
Deferred revenue 3.4 3.3
Other 7.6 8.7
Gross deferred income tax assets 514.3 458.9
Valuation allowance (222.9) (121.4)
Total deferred income tax assets, net 291.4 337.5
Deferred income tax liabilities:    
Goodwill and intangible assets (332.8) (334.5)
Pension expense (99.3) (99.9)
Undistributed earnings of foreign subsidiaries (32.6) (96.1)
Depreciation (15.1) (13.4)
Other (10.8) (15.4)
Deferred Tax Liabilities, Gross 490.6 559.3
Total deferred income tax liability $ (199.2) $ (221.8)