XML 75 R57.htm IDEA: XBRL DOCUMENT v3.24.0.1
Income Taxes (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income (Loss) from Operations Before Provision for Taxes [Abstract]      
Domestic $ (38.9) $ 39.3 $ 66.0
Foreign 146.6 117.4 136.3
Income before tax and equity in earnings 107.7 156.7 202.3
Domestic [Abstract]      
Taxes currently payable, Federal 9.5 16.3 (5.3)
Taxes currently payable, State and local 6.7 3.3 0.4
Deferred income taxes (31.5) (16.0) 7.8
Domestic tax provision (benefit) (15.3) 3.6 2.9
Foreign [Abstract]      
Taxes currently payable 42.2 29.8 33.4
Deferred income taxes (3.2) (1.3) 0.3
Foreign tax provision 39.0 28.5 33.7
Total tax provision $ 23.7 $ 32.1 $ 36.6
Reconciliation of Statutory to Effective Tax Rate [Abstract]      
U.S. statutory rate 21.00% 21.00% 21.00%
Depletion (10.30%) (6.10%) (5.40%)
Difference between tax provided on foreign earnings and the U.S. statutory rate 7.70% 2.40% 2.60%
Global Intangible Low-Tax Income (GILTI) 1.00% 2.30% 0.70%
Foreign Derived Intangible Income (2.50%) 0.00% (1.40%)
State and local taxes, net of federal tax benefit (0.10%) (0.40%) 0.70%
Tax credits (0.60%) (0.40%) (0.40%)
Impact of uncertain tax positions 0.20% (1.30%) (1.10%)
Impact of officer's non-deductible compensation 1.90% 1.30% 0.80%
Foreign Withholding Tax 2.00% 1.20% 1.10%
Other 1.70% 0.50% (0.50%)
Consolidated effective tax rate 22.00% 20.50% 18.10%
Deferred Tax Assets [Abstract]      
Accrued liabilities $ 26.8 $ 28.6  
Net operating loss carry forwards 32.8 35.5  
Pension and post-retirement benefits costs 16.0 18.6  
Other 38.1 29.7  
Valuation allowance (25.2) (24.0)  
Total deferred tax assets 88.5 88.4  
Deferred Tax Liabilities [Abstract]      
Plant and equipment, principally due to differences in depreciation 146.0 167.0  
Intangible assets 53.6 67.8  
Other 12.2 9.6  
Total deferred tax liabilities 211.8 244.4  
Net deferred tax asset (liability), long-term (123.3) (156.0)  
Net Deferred Tax Assets and Liabilities [Abstract]      
Net deferred tax asset, long-term 16.0 24.4  
Net deferred tax liability, long-term 139.3 180.4  
Net deferred tax asset (liability), long-term (123.3) (156.0)  
Operating Loss Carryforwards [Abstract]      
Operating loss carry forwards 32.8 35.5  
Operating loss carryforwards subject to expiration 21.7    
Operating loss carryforwards not subject to expiration $ 11.1    
Expiration period of operating loss carryforwards 20 years    
Unrecognized Tax Benefits [Abstract]      
Unrecognized tax benefits that would impact effective tax rate if recognized $ 2.1    
Unrecognized Tax Benefits [Roll forward]      
Balance at beginning of the year 2.6 5.1  
Increases related to current year tax positions 0.5 0.4  
Decreases related to audit settlements and statute expirations (0.3) (2.9)  
Balance at the end of the year 2.8 2.6 $ 5.1
Income Tax Penalties and Interest Expense [Abstract]      
Unrecognized tax benefits, interest and penalties 0.1    
Unrecognized tax benefits, accrued interest and penalties 0.5    
Cash Paid for Income Taxes [Abstract]      
Net cash paid for income taxes 53.8 $ 44.0 $ 42.5
Undistributed Earnings of Foreign Subsidiaries [Abstract]      
Foreign subsidiaries' undistributed earnings 509.2    
Deferred tax liabilities with respect to foreign withholding taxes or state taxes have been recognized $ 0.0