Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Income Before Income Taxes by Domestic and Foreign Locations

Income before income taxes by domestic and foreign locations consists of the following:

	Years Ended December 31,
	2021			2020			2019
Domestic	$	(143.8	)	$	(38.1	)	$	39.6
Foreign		151.6			42.1			108.6
Total	$	7.8		$	4.0		$	148.2

Components of Provision (Benefit) for Income Taxes

The components of the provision for income taxes consist of the following:

	Years Ended December 31,
	2021			2020			2019
Current:
Federal	$	18.8		$	14.5		$	16.6
State		3.8			2.2			4.6
Non-U.S.		39.6			41.1			32.9
		62.2			57.8			54.1
Deferred:
Federal		(70.8	)		(15.3	)		(6.7	)
State		(6.1	)		(2.1	)		(5.2	)
Non-U.S.		(5.2	)		(10.9	)		(21.2	)
		(82.1	)		(28.3	)		(33.1	)
(Benefit)/Provision for income taxes	$	(19.9	)	$	29.5		$	21.0

Reconciliation from Tax at U.S. Federal Statutory Rate to Company's Provision (Benefit) for Income Taxes

A reconciliation from tax at the U.S. federal statutory rate to the Company’s provision for income taxes is as follows:

	Years Ended December 31,
	2021			2020			2019
Tax at U.S. federal income tax rate	$	1.7		$	0.9		$	31.1
State taxes, net of federal income tax effect		0.7			0.3			1.8
Other changes in tax rate		(0.2	)		(0.2	)		(10.6	)
Outside basis difference		(11.5	)		—			—
Foreign taxes		2.3			3.9			0.7
Global intangible low-taxed income		0.8			(2.1	)		1.3
Valuation allowance		0.5			0.5			0.1
Tax credits and incentives		(2.0	)		(2.5	)		(2.6	)
Impairment charges		(14.5	)		29.0			—
Other		2.3			(0.3	)		(0.8	)
(Benefit)/Provision for income taxes	$	(19.9	)	$	29.5		$	21.0

Significant Components of Deferred Tax Assets and Liabilities

	Years Ended December 31,
	2021			2020
Deferred tax assets:
Post-retirement obligations	$	5.7		$	6.2
Tax credits		1.8			1.8
Expenses not currently deductible		28.7			28.5
Net operating loss carryover		6.0			5.9
Debt and derivative instruments		8.6			2.2
Operating lease liabilities		12.1			9.2
Other		15.2			3.2
Total deferred tax assets		78.1			57.0
Valuation allowance for deferred tax assets		(4.3	)		(4.8	)
Net deferred tax assets		73.8			52.2
Deferred tax liabilities:
Property, plant and equipment		35.7			38.1
Intangible assets		256.6			343.4
Goodwill		9.9			9.5
Operating lease right of use asset		11.6			8.8
Other		8.2			7.1
Total deferred liabilities		322.0			406.9
Net deferred tax liabilities	$	248.2		$	354.7