Annual report pursuant to Section 13 and 15(d)

INCOME TAXES - TAX CREDITS AND OPERATING LOSS CARRYFORWARDS (Details)

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INCOME TAXES - TAX CREDITS AND OPERATING LOSS CARRYFORWARDS (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Income Tax          
Income tax benefit from release of valuation allowance       $ 104.0  
Foreign tax credits $ 14.0 $ 5.0 $ 14.0    
Deferred foreign income tax benefit   9.0 47.0 48.0  
Tax benefit from foreign exchange transactions 33.0 4.0 33.0 7.0  
Tax benefit from currency exchange gains before valuation allowances and contingencies 58.0 4.0 58.0 7.0  
Contingent liabilities and valuation allowances 25.0   25.0    
Taxable gain (loss) on currency conversion of intercompany debt   0.0 0.0    
Decrease in net deferred tax liabilities     5.0    
Income tax benefit (expense)   (87.0) (46.0) (51.0)  
Non-U.S. tax rate differentials   (47.0) 4.0 (7.0)  
Operating loss carryforwards, subject to expiration   0.0      
Valuation allowance on net deferred tax assets $ 784.0 757.0 784.0 702.0 $ 814.0
Establishments of valuation allowances in various jurisdictions   12.0 35.0 3.0  
Releases of valuation allowances in various jurisdictions   25.0 3.0 111.0  
Establishment (release) of valuation allowances on U.S. foreign tax credits     14.0 (94.0)  
Non-US          
Income Tax          
Deferred foreign income tax benefit   1.0 3.0 7.0  
Net operating loss carryforwards   3,407.0      
Operating loss carryforwards, subject to expiration   475.0      
Portion of operating loss carryforwards that are subject to expiration, subject to valuation allowance   448.0      
Non-US | Expiration in 2017          
Income Tax          
Portion of operating loss carryforwards that are subject to expiration, subject to valuation allowance   3.0      
Luxembourg          
Income Tax          
Net operating loss carryforwards   940.0      
Operating loss carryforwards, valuation allowance   211.0      
Valuation allowance on net deferred tax assets   255.0      
Releases of valuation allowances in various jurisdictions       $ 6.0  
Netherlands          
Income Tax          
Establishments of valuation allowances in various jurisdictions     7.0    
Releases of valuation allowances in various jurisdictions   7.0      
Italy          
Income Tax          
Establishments of valuation allowances in various jurisdictions   9.0 12.0    
China          
Income Tax          
Establishments of valuation allowances in various jurisdictions   3.0      
Spain          
Income Tax          
Releases of valuation allowances in various jurisdictions   12.0      
France          
Income Tax          
Releases of valuation allowances in various jurisdictions   6.0      
Singapore          
Income Tax          
Singapore tax holiday benefit   $ 0.0 6.0    
State          
Income Tax          
Income tax benefit (expense)     $ 3.0