Income Taxes	6 Months Ended
Jun. 30, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The effective tax rate on earnings (loss) from Cont Ops was 285.7% for the 2020 Quarter and 16.4% for the 2020 Period compared to 14.8% and 11.2% for the corresponding periods of 2019. The effective tax rate for all periods was unfavorably impacted by foreign income tax rates that exceed the U.S. statutory rate of 21%, as well as the establishment or augmentation of valuation allowances against foreign tax credits and certain losses. The effective tax rate for the 2020 Period was favorably impacted by the release of valuation allowances and rate benefits resulting from the carryback of our 2019 federal net operating loss as allowed by the CARES Act, enacted on March 27, 2020. Earnings attributable to noncontrolling interests from Cont Ops, for which income taxes are not typically our responsibility, unfavorably impacted the effective tax rate for the 2019 Quarter and 2019 Period.

Income Taxes

6 Months Ended

Jun. 30, 2020

The effective tax rate on earnings (loss) from Cont Ops was 285.7% for the 2020 Quarter and 16.4% for the 2020 Period compared to 14.8% and 11.2% for the corresponding periods of 2019. The effective tax rate for all periods was unfavorably impacted by foreign income tax rates that exceed the U.S. statutory rate of 21%, as well as the establishment or augmentation of valuation allowances against foreign tax credits and certain losses. The effective tax rate for the 2020 Period was favorably impacted by the release of valuation allowances and rate benefits resulting from the carryback of our 2019 federal net operating loss as allowed by the CARES Act, enacted on March 27, 2020. Earnings attributable to noncontrolling interests from Cont Ops, for which income taxes are not typically our responsibility, unfavorably impacted the effective tax rate for the 2019 Quarter and 2019 Period.