SEC Info - SPX Corp - ‘10-K’ for 12/31/10

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SPX Corp – ‘10-K’ for 12/31/10 – ‘XML.R18’

On: Tuesday, 2/22/11, at 5:28pm ET · For: 12/31/10 · Accession #: 1047469-11-1138 · File #: 1-06948

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/22/11  SPX Corp                          10-K       12/31/10   47:9.2M                                   Toppan Merrill-FA

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   1.55M 
 2: EX-10.48    Material Contract                                   HTML     49K 
 3: EX-10.49    Material Contract                                   HTML     60K 
 4: EX-10.50    Material Contract                                   HTML     15K 
 5: EX-10.51    Material Contract                                   HTML     28K 
 6: EX-21.1     Subsidiaries List                                   HTML     65K 
 7: EX-23.1     Consent of Experts or Counsel                       HTML     18K 
 8: EX-23.2     Consent of Experts or Counsel                       HTML     18K 
11: EX-99.1     Miscellaneous Exhibit                               HTML     19K 
 9: EX-31.1     Certification -- §302 - SOA'02                      HTML     28K 
10: EX-32.1     Certification -- §906 - SOA'02                      HTML     17K 
37: XML         IDEA XML File -- Definitions and References          XML    115K 
43: XML         IDEA XML File -- Filing Summary                      XML     78K 
41: XML.R1      Consolidated Statements of Operations                XML    465K 
42: XML.R2      Consolidated Balance Sheets                          XML    445K 
26: XML.R3      Consolidated Balance Sheets (Parenthetical)          XML     65K 
31: XML.R4      Consolidated Statements of Equity and                XML   1.22M 
                Comprehensive Income (Loss)                                      
35: XML.R5      Consolidated Statements of Equity and                XML    121K 
                Comprehensive Income (Loss) (Parenthetical)                      
34: XML.R6      Consolidated Statements of Cash Flows                XML    696K 
46: XML.R7      Consolidated Statements of Cash Flows                XML     86K 
                (Parenthetical)                                                  
21: XML.R8      Summary of Significant Accounting Policies           XML     67K 
33: XML.R9      Use Of Estimates                                     XML     86K 
20: XML.R10     New Accounting Pronouncements                        XML     55K 
19: XML.R11     Acquisitions and Discontinued Operations             XML     88K 
25: XML.R12     Business Segment Information                         XML    154K 
39: XML.R13     Special Charges, Net                                 XML    126K 
27: XML.R14     Inventories                                          XML     49K 
28: XML.R15     Goodwill and Other Intangible Assets                 XML    167K 
32: XML.R16     Investment in Joint Venture                          XML     59K 
47: XML.R17     Employee Benefit Plans                               XML    371K 
24: XML.R18     Income Taxes                                         XML    137K 
18: XML.R19     Indebtedness                                         XML    105K 
30: XML.R20     Financial Instruments                                XML    113K 
38: XML.R21     Commitments, Contingent Liabilities and Other        XML     60K 
                Matters                                                          
23: XML.R22     Shareholders' Equity and Stock-Based Compensation    XML    147K 
36: XML.R23     Fair Value                                           XML     71K 
29: XML.R24     Quarterly Results (Unaudited)                        XML    103K 
45: XML.R25     Subsequent Event                                     XML     39K 
40: XML.R26     Document and Entity Information                      XML    205K 
44: EXCEL       IDEA Workbook of Financial Reports (.xls)            XLS   1.26M 
12: EX-101.INS  XBRL Instance -- spw-20101231                        XML   1.63M 
14: EX-101.CAL  XBRL Calculations -- spw-20101231_cal                XML    197K 
15: EX-101.DEF  XBRL Definitions -- spw-20101231_def                 XML    270K 
16: EX-101.LAB  XBRL Labels -- spw-20101231_lab                      XML    827K 
17: EX-101.PRE  XBRL Presentations -- spw-20101231_pre               XML    378K 
13: EX-101.SCH  XBRL Schema -- spw-20101231                          XSD     87K 
22: ZIP         XBRL Zipped Folder -- 0001047469-11-001138-xbrl      Zip    151K

‘XML.R18’ — Income Taxes

This Financial Report is an XBRL XML File.

<?xml version="1.0" encoding="windows-1252"?>

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<ReportLongName> 1110 - Disclosure - Income Taxes </ReportLongName>

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<KeyName> 1/1/2010 - 12/31/2010 USD ($) USD ($) / shares </KeyName>

<PeriodType> duration </PeriodType>

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<MeasureSchema> http://www.xbrl.org/2003/instance </MeasureSchema>

<MeasureValue> shares </MeasureValue>

<MeasureNamespace> xbrli </MeasureNamespace>

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<UnitID> Shares </UnitID>

<UnitType> Standard </UnitType>

<MeasureSchema> http://www.xbrl.org/2003/instance </MeasureSchema>

<MeasureValue> shares </MeasureValue>

<MeasureNamespace> xbrli </MeasureNamespace>

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</MCU>

</Labels>

</Column>

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<ElementName> spw_IncomeTaxesDisclosureAbstract </ElementName>

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</Cells>

<Unit> Other </Unit>

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<SimpleDataType> string </SimpleDataType>

<ElementDefenition> No definition available. </ElementDefenition>

<IsTotalLabel> false </IsTotalLabel>

<IsEPS> false </IsEPS>

<Label> Income Taxes </Label>

</Row>

<Row>

<IsAbstractGroupTitle> false </IsAbstractGroupTitle>

<ElementName> us-gaap_IncomeTaxDisclosureTextBlock </ElementName>

<PeriodType> duration </PeriodType>

<ShortDefinition> No definition available. </ShortDefinition>

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<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> (11) Income Taxes Income before income taxes and the provision for income taxes consisted of the following: <div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">   <div align="center"> <table cellspacing="0" cellpadding="0" width="100%" border="0"> <tr style="HEIGHT: 0px"> <td style="FONT-FAMILY: arial" align="left" width="10"></td> <td style="FONT-FAMILY: arial" align="left" width="10"></td> <td style="FONT-FAMILY: arial" align="left"></td> <td style="FONT-FAMILY: arial" width="12"></td> <td style="FONT-FAMILY: arial" align="right" width="7"></td> <td style="FONT-FAMILY: arial" width="40"></td> <td style="FONT-FAMILY: arial" width="12"></td> <td style="FONT-FAMILY: arial" align="right" width="7"></td> <td style="FONT-FAMILY: arial" width="40"></td> <td style="FONT-FAMILY: arial" width="12"></td> <td style="FONT-FAMILY: arial" align="right" width="7"></td> <td style="FONT-FAMILY: arial" width="40"></td> <td style="FONT-FAMILY: arial" width="12"></td></tr> <tr style="HEIGHT: 0px" valign="bottom"> <th style="FONT-FAMILY: arial" align="left" colspan="3"> </th> <th style="FONT-FAMILY: arial"> </th> <th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" align="center" colspan="8">Year Ended December 31,</th> <th style="FONT-FAMILY: arial"> </th></tr> <tr style="HEIGHT: 0px" valign="bottom"> <th style="FONT-FAMILY: arial" align="left" colspan="3"> </th> <th style="FONT-FAMILY: arial"> </th> <th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" align="center" colspan="2">2010</th> <th style="FONT-FAMILY: arial"> </th> <th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" align="center" colspan="2">2009</th> <th style="FONT-FAMILY: arial"> </th> <th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" align="center" colspan="2">2008</th> <th style="FONT-FAMILY: arial"> </th></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: arial" valign="bottom" colspan="3"> Income (loss) from continuing operations:</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: arial"> </td> <td style="FONT-FAMILY: arial"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> United States</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">$</td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">96.3</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">$</td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">120.4</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">$</td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">203.6</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: arial"> </td> <td style="FONT-FAMILY: arial"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> Foreign</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">148.4</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(24.3</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">207.2</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top"> <td style="FONT-FAMILY: arial" valign="bottom" colspan="3"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: arial" valign="bottom" colspan="3"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">$</td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">244.7</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">$</td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">96.1</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">$</td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">410.8</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top"> <td style="FONT-FAMILY: arial" valign="bottom" colspan="3"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: arial" valign="bottom" colspan="3"> Provision for (benefit from) income taxes:</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: arial"> </td> <td style="FONT-FAMILY: arial" valign="bottom" colspan="2"> Current:</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: arial"> </td> <td style="FONT-FAMILY: arial"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> United States</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">$</td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(24.4</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">$</td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">54.0</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">$</td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">65.2</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: arial"> </td> <td style="FONT-FAMILY: arial"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> Foreign</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">17.0</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">14.1</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">37.7</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top"> <td style="FONT-FAMILY: arial" valign="bottom" colspan="3"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: arial" valign="bottom" colspan="3"> Total current</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(7.4</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">68.1</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">102.9</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top"> <td style="FONT-FAMILY: arial" valign="bottom" colspan="3"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: arial"> </td> <td style="FONT-FAMILY: arial" valign="bottom" colspan="2"> Deferred and other:</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: arial"> </td> <td style="FONT-FAMILY: arial"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> United States</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">66.2</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(13.6</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">19.8</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: arial"> </td> <td style="FONT-FAMILY: arial"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> Foreign</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(5.7</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(7.4</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">29.6</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top"> <td style="FONT-FAMILY: arial" valign="bottom" colspan="3"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: arial" valign="bottom" colspan="3"> Total deferred and other</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">60.5</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(21.0</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">49.4</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top"> <td style="FONT-FAMILY: arial" valign="bottom" colspan="3"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: arial" valign="bottom" colspan="3"> Total provision</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">$</td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">53.1</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">$</td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">47.1</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">$</td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">152.3</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top"> <td style="FONT-FAMILY: arial" valign="bottom" colspan="3"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr></table></div> </div> The reconciliation of income tax computed at the U.S. federal statutory tax rate to our effective income tax rate is as follows: <div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">   <div align="center"> <table cellspacing="0" cellpadding="0" width="100%" border="0"> <tr style="HEIGHT: 0px"> <td style="FONT-FAMILY: arial" align="left"></td> <td style="FONT-FAMILY: arial" width="12"></td> <td style="FONT-FAMILY: arial" align="right" width="7"></td> <td style="FONT-FAMILY: arial" width="31"></td> <td style="FONT-FAMILY: arial" width="12"></td> <td style="FONT-FAMILY: arial" align="right" width="7"></td> <td style="FONT-FAMILY: arial" width="31"></td> <td style="FONT-FAMILY: arial" width="12"></td> <td style="FONT-FAMILY: arial" align="right" width="7"></td> <td style="FONT-FAMILY: arial" width="31"></td> <td style="FONT-FAMILY: arial" width="12"></td></tr> <tr style="HEIGHT: 0px" valign="bottom"> <th style="FONT-FAMILY: arial" align="left"> </th> <th style="FONT-FAMILY: arial"> </th> <th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" align="center" colspan="8">Year Ended December 31, </th> <th style="FONT-FAMILY: arial"> </th></tr> <tr style="HEIGHT: 0px" valign="bottom"> <th style="FONT-FAMILY: arial" align="left"> </th> <th style="FONT-FAMILY: arial"> </th> <th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" align="center" colspan="2">2010</th> <th style="FONT-FAMILY: arial"> </th> <th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" align="center" colspan="2">2009</th> <th style="FONT-FAMILY: arial"> </th> <th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" align="center" colspan="2">2008</th> <th style="FONT-FAMILY: arial"> </th></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: arial" valign="bottom"> Tax at U.S. federal statutory rate</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">35.0</td> <td style="FONT-FAMILY: arial" valign="bottom">%</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">35.0</td> <td style="FONT-FAMILY: arial" valign="bottom">%</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">35.0</td> <td style="FONT-FAMILY: arial" valign="bottom">%</td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: arial" valign="bottom"> State and local taxes, net of U.S. federal benefit</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">2.2</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">3.6</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">1.2</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: arial" valign="bottom"> U.S. credits and exemptions</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(1.1</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(5.2</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(1.7</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: arial" valign="bottom"> Foreign earnings taxed at lower rates</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(9.2</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(28.1</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(2.0</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: arial" valign="bottom"> Audit settlements with taxing authorities</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(0.6</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(2.9</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(6.5</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: arial" valign="bottom"> Adjustments to uncertain tax positions</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(4.3</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">4.4</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">2.2</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: arial" valign="bottom"> Changes in valuation allowance</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(4.9</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">6.0</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">—</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: arial" valign="bottom"> Impairment of goodwill and other intangible assets</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">—</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">44.5</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">9.6</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: arial" valign="bottom"> Benefit for loss on investment in foreign subsidiary</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">—</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(4.7</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">—</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: arial" valign="bottom"> Law change regarding deductibility of Medicare Part D expenses</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">2.5</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">—</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">—</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: arial" valign="bottom"> Tax on repatriation of foreign earnings</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">1.4</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">—</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">—</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: arial" valign="bottom"> Other</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">0.7</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(3.6</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(0.7</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top"> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">21.7</td> <td style="FONT-FAMILY: arial" valign="bottom">%</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">49.0</td> <td style="FONT-FAMILY: arial" valign="bottom">%</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">37.1</td> <td style="FONT-FAMILY: arial" valign="bottom">%</td></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top"> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr></table></div> </div> Significant components of our deferred tax assets and liabilities are as follows: <div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">   <div align="center"> <table cellspacing="0" cellpadding="0" width="100%" border="0"> <tr style="HEIGHT: 0px"> <td style="FONT-FAMILY: arial" align="left" width="10"></td> <td style="FONT-FAMILY: arial" align="left" width="10"></td> <td style="FONT-FAMILY: arial" align="left"></td> <td style="FONT-FAMILY: arial" width="12"></td> <td style="FONT-FAMILY: arial" align="right" width="7"></td> <td style="FONT-FAMILY: arial" width="44"></td> <td style="FONT-FAMILY: arial" width="12"></td> <td style="FONT-FAMILY: arial" align="right" width="7"></td> <td style="FONT-FAMILY: arial" width="44"></td> <td style="FONT-FAMILY: arial" width="12"></td></tr> <tr style="HEIGHT: 0px" valign="bottom"> <th style="FONT-FAMILY: arial" align="left" colspan="3"> </th> <th style="FONT-FAMILY: arial"> </th> <th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" align="center" colspan="5">As of December 31, </th> <th style="FONT-FAMILY: arial"> </th></tr> <tr style="HEIGHT: 0px" valign="bottom"> <th style="FONT-FAMILY: arial" align="left" colspan="3"> </th> <th style="FONT-FAMILY: arial"> </th> <th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" align="center" colspan="2">2010</th> <th style="FONT-FAMILY: arial"> </th> <th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" align="center" colspan="2">2009</th> <th style="FONT-FAMILY: arial"> </th></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: arial" valign="bottom" colspan="3"> Deferred tax assets:</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: arial"> </td> <td style="FONT-FAMILY: arial" valign="bottom" colspan="2"> Working capital accruals</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">$</td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">42.4</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">$</td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">50.3</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: arial"> </td> <td style="FONT-FAMILY: arial" valign="bottom" colspan="2"> Legal, environmental and self-insurance accruals</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">40.8</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">45.8</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: arial"> </td> <td style="FONT-FAMILY: arial" valign="bottom" colspan="2"> Pension, other postretirement and postemployment benefits</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">147.5</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">198.0</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: arial"> </td> <td style="FONT-FAMILY: arial" valign="bottom" colspan="2"> NOL and credit carryforwards</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">221.2</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">254.3</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: arial"> </td> <td style="FONT-FAMILY: arial" valign="bottom" colspan="2"> Payroll and compensation</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">48.8</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">46.9</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: arial"> </td> <td style="FONT-FAMILY: arial" valign="bottom" colspan="2"> Other</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">80.9</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">120.2</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top"> <td style="FONT-FAMILY: arial" valign="bottom" colspan="3"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: arial"> </td> <td style="FONT-FAMILY: arial"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> Total deferred tax assets</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">581.6</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">715.5</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: arial"> </td> <td style="FONT-FAMILY: arial" valign="bottom" colspan="2"> Valuation allowance</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(167.0</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(211.5</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top"> <td style="FONT-FAMILY: arial" valign="bottom" colspan="3"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: arial"> </td> <td style="FONT-FAMILY: arial"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> Net deferred tax assets</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">414.6</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">504.0</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top"> <td style="FONT-FAMILY: arial" valign="bottom" colspan="3"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: arial" valign="bottom" colspan="3"> Deferred tax liabilities:</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: arial"> </td> <td style="FONT-FAMILY: arial" valign="bottom" colspan="2"> Accelerated depreciation</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">27.0</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">12.8</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: arial"> </td> <td style="FONT-FAMILY: arial" valign="bottom" colspan="2"> Basis difference in affiliates</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">38.6</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">34.9</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: arial"> </td> <td style="FONT-FAMILY: arial" valign="bottom" colspan="2"> Intangibles recorded in acquisitions</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">219.0</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">209.9</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: arial"> </td> <td style="FONT-FAMILY: arial" valign="bottom" colspan="2"> Other</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">65.3</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">75.6</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top"> <td style="FONT-FAMILY: arial" valign="bottom" colspan="3"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: arial"> </td> <td style="FONT-FAMILY: arial"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> Total deferred tax liabilities</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">349.9</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">333.2</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top"> <td style="FONT-FAMILY: arial" valign="bottom" colspan="3"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: arial" valign="bottom" colspan="3"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">$</td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">64.7</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">$</td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">170.8</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top"> <td style="FONT-FAMILY: arial" valign="bottom" colspan="3"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr></table></div> </div> General Matters Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. We periodically assess deferred tax assets to determine if they will be realized and the adequacy of deferred tax liabilities, incorporating the results of local, state, federal and foreign tax audits in our estimates and judgments. At December 31, 2010, we had the following tax loss carryforwards available: state tax loss carryforwards of approximately $332.4 and tax losses of various foreign jurisdictions of approximately $576.0. We also had U.S. foreign tax, alternative minimum tax and research credit carryforwards of $27.8, $1.0 and $3.3, respectively. Of these amounts, approximately $2.3 expire in 2011 and $509.2 expire at various times between 2012 and 2030. The remaining carryforwards have no expiration date. Realization of deferred tax assets associated with net operating loss and credit carryforwards is dependent upon generating sufficient taxable income prior to their expiration in the appropriate tax jurisdiction. We believe that it is more likely than not that certain of these net operating loss and credit carryforwards will expire unused and, accordingly, have established a valuation allowance against the deferred tax assets associated with these carryforwards. Although realization is not assured for the remaining deferred tax assets, we believe it is more likely than not that the deferred tax assets will be realized through future taxable earnings or tax planning strategies. However, deferred tax assets could be reduced in the near term if our estimates of taxable income during the carryforward period are significantly reduced or tax planning strategies are no longer viable. The valuation allowance decreased by $44.5 in 2010 and increased by $26.2 in 2009. Of the decrease in 2010, $12.0 was recognized as a reduction in tax expense from continuing operations and $9.5 as a tax benefit from discontinued operations. The amount of income tax that we pay annually is dependent on various factors, including the timing of certain deductions. These deductions can vary from year to year, and, consequently, the amount of income taxes paid in future years will vary from the amounts paid in the prior year. Undistributed International Earnings Undistributed foreign earnings are considered indefinitely reinvested. Accordingly, we have made no provision for U.S. federal and state income taxes or foreign withholding taxes for these foreign earnings. If these earnings were distributed, we would be subject to U.S. income taxes (subject to a reduction for foreign tax credits) and withholding taxes payable to the various foreign countries. At December 31, 2010, we had approximately $1,700.0 of undistributed foreign earnings for which no U.S. federal or state income taxes have been provided. Unrecognized Tax Benefits As of December 31, 2010, we had gross unrecognized tax benefits of $95.5 (net unrecognized tax benefits of $77.4), of which $75.3, if recognized, would impact our effective tax rate from continuing operations. Similarly, at December 31, 2009 and 2008, we had gross unrecognized tax benefits of $120.9 (net unrecognized tax benefits of $105.3) and $102.9 (net unrecognized benefits of $81.3), respectively. We classify interest and penalties related to unrecognized tax benefits as a component of our income tax provision. As of December 31, 2010, gross accrued interest, excluded from the amounts above, totaled $15.6 (net accrued interest of $11.3), while the related amounts as of December 31, 2009 and 2008 were $21.9 (net accrued interest of $16.5) and $21.3 (net accrued interest of $15.2), respectively. Our income tax provision for the years ended December 31, 2010, 2009 and 2008 included gross interest expense (income) of $(4.0), $(0.7) and $0.9, respectively. There were no significant penalties recorded during any of the years presented. Based on the outcome of certain examinations or as a result of the expiration of statutes of limitations for certain jurisdictions, we believe that within the next 12 months it is reasonably possible that our previously unrecognized tax benefits could decrease by approximately $20.0 to $25.0. The previously unrecognized tax benefits relate to a variety of tax issues including the ability to claim certain U.S. foreign tax credits, deductibility of interest expense in certain jurisdictions and other tax matters relating to prior acquisitions and dispositions. The aggregate changes in the balance of unrecognized tax benefits for the years ended December 31, 2010, 2009 and 2008 were as follows: <div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative">   <div align="center"> <table cellspacing="0" cellpadding="0" width="100%" border="0"> <tr style="HEIGHT: 0px"> <td style="FONT-FAMILY: arial" align="left"></td> <td style="FONT-FAMILY: arial" width="12"></td> <td style="FONT-FAMILY: arial" align="right" width="7"></td> <td style="FONT-FAMILY: arial" width="40"></td> <td style="FONT-FAMILY: arial" width="12"></td> <td style="FONT-FAMILY: arial" align="right" width="7"></td> <td style="FONT-FAMILY: arial" width="40"></td> <td style="FONT-FAMILY: arial" width="12"></td> <td style="FONT-FAMILY: arial" align="right" width="7"></td> <td style="FONT-FAMILY: arial" width="40"></td> <td style="FONT-FAMILY: arial" width="12"></td></tr> <tr style="HEIGHT: 0px" valign="bottom"> <th style="FONT-FAMILY: arial" align="left"> </th> <th style="FONT-FAMILY: arial"> </th> <th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" align="center" colspan="2">2010</th> <th style="FONT-FAMILY: arial"> </th> <th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" align="center" colspan="2">2009</th> <th style="FONT-FAMILY: arial"> </th> <th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" align="center" colspan="2">2008</th> <th style="FONT-FAMILY: arial"> </th></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: arial" valign="bottom"> Unrecognized tax benefit — opening balance</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">$</td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">120.9</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">$</td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">102.9</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">$</td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">120.1</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: arial" valign="bottom"> Gross increases — tax positions in prior period</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">13.9</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">29.8</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">19.2</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: arial" valign="bottom"> Gross decreases — tax positions in prior period</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(13.4</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(3.2</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(0.3</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: arial" valign="bottom"> Gross increases — tax positions in current period</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">8.7</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">11.2</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">7.7</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: arial" valign="bottom"> Settlements</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(24.5</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(5.8</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(37.9</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: arial" valign="bottom"> Lapse of statute of limitations</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(8.3</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(16.8</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(1.9</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: arial" valign="bottom"> Change due to foreign currency exchange rates</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(1.8</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">2.8</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">(4.0</td> <td style="FONT-FAMILY: arial" valign="bottom">)</td></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top"> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: arial" valign="bottom"> Unrecognized tax benefit — ending balance</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">$</td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">95.5</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">$</td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">120.9</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">$</td> <td style="FONT-FAMILY: arial" valign="bottom" align="right">102.9</td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top"> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: arial" valign="bottom" align="right" colspan="2"> </td> <td style="FONT-FAMILY: arial" valign="bottom"> </td></tr></table></div> </div> Uncertain Tax Positions We perform reviews of our income tax positions on a continuous basis and accrue for potential uncertain positions when we determine that an uncertain position meets the criteria of the Income Taxes Topic of the Codification. Accruals for these uncertain tax positions are recorded in "Income taxes payable" and "Deferred and other income taxes" in the accompanying consolidated balance sheets based on the expectation as to the timing of when the matters will be resolved. As events change and resolution occurs, these accruals are adjusted, such as in the case of audit settlements with taxing authorities. During 2010, the IRS completed the field examination of our 2006 and 2007 federal income tax returns and issued a Revenue Agent's Report ("RAR"). We disagree with and have protested certain adjustments to the Appeals Office of the IRS. Upon issuance of the RAR, we reduced certain of our valuation allowances and our liability for uncertain tax positions to reflect amounts determined to be effectively settled or that satisfied the more likely than not threshold resulting in the recognition of income tax benefits of $18.2 and $7.3 to continuing and discontinued operations, respectively. While the resolution of these adjustments may result in tax liabilities that may differ from the accruals established, we believe that the resolution of these matters will not have a material adverse effect on our financial position, results of operations or cash flows. In addition, the effective income tax rate for the year ended December 31, 2010 was impacted favorably by a $16.0 tax benefit related to the reduction in liabilities for uncertain tax positions associated with various foreign and domestic statute expirations and settlement of state examinations. These benefits were offset partially by a domestic charge of $6.2 associated with the taxation of prescription drug costs for retirees under Medicare Part D as a result of the 2010 enactment of the Patient Protection and Affordable Care Act and $3.6 associated with the repatriation of foreign earnings. In 2009, the statute of limitations expired for various state income tax returns. As a result of these expirations, we recognized net tax benefits of $18.0 during 2009, with approximately $7.9 recorded to continuing operations and the remainder of $10.1 recorded to discontinued operations. On August 28, 2008, we reached an agreement with the IRS regarding audits of our 2003 through 2005 federal income tax returns. Upon the resolution of these examinations, we reduced our liability for uncertain tax positions by $30.6. Of the $30.6 reduction in our liability for uncertain tax positions, $25.6 was recorded as an income tax benefit from continuing operations and $5.0 was recorded as an income tax benefit to "Gain (loss) on disposition of discontinued operations" within our consolidated statement of operations for the year ended December 31, 2008. The IRS currently is performing an audit of our 2008 and 2009 federal income tax returns. At this stage, the outcome of the audit is uncertain; however, we believe that any contingencies are adequately provided for. We do not expect to conclude this examination within the next twelve months. State income tax returns generally are subject to examination for a period of three to five years after filing of the respective tax return. The impact on such tax returns of any federal changes remains subject to examination by various states for a period of up to one year after formal notification to the states. We have various state income tax returns in the process of examination, administrative appeal or litigation. We have various foreign income tax returns under examination. Currently, significant jurisdictions with audits underway include Canada related to our 2000 to 2006 tax returns and Germany related to tax returns for the 2002 to 2009 tax years. We believe that any uncertain tax positions related to these examinations have been adequately provided for. An unfavorable resolution of one or more of the above matters could have a material adverse effect on our results of operations or cash flows in the quarter and year in which an adjustment is recorded or the tax is due or paid. As audits and examinations are still in process or we have not reached the final stages of the appeals process for any of the above matters, the timing of the ultimate resolution and any payments that may be required for the above matters cannot be determined at this time. Upon the conclusion of our disposition activities, as discussed in Note 4 to these consolidated financial statements, we may recognize an additional income tax provision or benefit, generally, as part of discontinued operations.</td></tr></table>

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5 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/23/24  SPX Technologies, Inc.            10-K       12/31/23  136:19M
 2/24/23  SPX Technologies, Inc.            10-K       12/31/22  139:22M
 2/25/22  SPX Technologies, Inc.            10-K       12/31/21  144:23M
 2/26/21  SPX Technologies, Inc.            10-K       12/31/20  122:21M
 7/12/11  SEC                               UPLOAD¶     9/14/17    1:45K  SPX Technologies, Inc.

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Filing Submission 0001047469-11-001138 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

SPX Corp – ‘10-K’ for 12/31/10 – ‘XML.R18’

On: Tuesday, 2/22/11, at 5:28pm ET · For: 12/31/10 · Accession #: 1047469-11-1138 · File #: 1-06948

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34Filing Table of Contents

‘XML.R18’ — Income Taxes

This Financial Report is an XBRL XML File.

5 Subsequent Filings that Reference this Filing

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents