Income Taxes (Tables)

6 Months Ended

Jun. 30, 2020

Income Tax Disclosure [Abstract]

Schedule of Effective Income Tax Rate Reconciliation

	THREE MONTHS ENDED					SIX MONTHS ENDED
	JUNE 30					JUNE 30
	2020		2019			2020			2019
Income before income taxes	$	1.7	$	21.3		$	21.4		$	26.0
Statutory taxes (21%)	$	0.4	$	4.5		$	4.5		$	5.5
Interim adjustment	(2.6)		—			(2.6)			0.4
Permanent adjustments:
Federal income tax credits	(3.5)		(1.2)			(4.1)			(1.3)
Non-U.S. rate differences	0.4		(0.4)			0.1			(0.4)
Equity interest earnings	(1.0)		(0.8)			(1.3)			(0.9)
State income taxes	(0.6)		0.1			—			0.1
Valuation allowance	2.9		0.6			3.8			0.6
Global intangible low-taxed income	2.6		0.4			2.7			0.5
Base-erosion and anti-abuse tax	4.7		—			5.3			—
Other	(1.3)		0.9			(1.2)			1.0
Discrete items	(4.3)		0.3			(5.4)			0.4
Income tax provision (benefit)	$	(2.3)	$	4.4		$	1.8		$	5.9
Reported income tax rate	n.m.		20.7		%	8.4		%	22.7		%
n.m. - not meaningful