XML 141 R125.htm IDEA: XBRL DOCUMENT v3.20.4
Income Taxes - Federal Statutory Corporate Tax Rate Reconciles to Our Effective Income Tax Rate (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Effective Income Tax Rate Reconciliation, Amount [Abstract]      
Computed expected tax $ 131.5 $ 77.8 $ 96.1
State income taxes, net of federal tax benefit 13.4 6.7 8.4
Foreign earnings taxed at different rates 10.5 10.5 8.3
U.S. tax on foreign earnings 24.0 29.0 13.5
Tax credits (27.8) (50.1) (20.7)
Unremitted foreign earnings 2.5 10.0 0.0
Reorganization and divestitures 0.4 (47.2) 0.0
Withholding tax 4.2 4.8 21.7
Net change in valuation allowance (5.2) (7.6) (39.8)
Net change in unrecognized tax benefits (1.1) 36.0 95.0
Tax Cuts and Jobs Act and associated Tax Regulations (22.4) 0.0 117.6
Other 12.1 6.7 7.4
Total income tax provision $ 142.1 $ 76.6 $ 307.5
Effective Income Tax Rate Reconciliation, Percent [Abstract]      
Computed expected tax 21.00% 21.00% 21.00%
State income taxes, net of federal tax benefit 2.10% 1.80% 1.80%
Foreign earnings taxed at different rates 1.70% 2.80% 1.80%
U.S. tax on foreign earnings 3.80% 7.80% 2.90%
Tax credits (4.40%) (13.50%) (4.50%)
Unremitted foreign earnings 0.40% 2.70% 0.00%
Reorganization and divestitures 0.10% (12.70%) 0.00%
Withholding tax 0.70% 1.30% 4.70%
Net change in valuation allowance (0.80%) (2.10%) (8.70%)
Net change in unrecognized tax benefits (0.20%) 9.70% 20.80%
Tax Cuts and Jobs Act and associated Tax Regulations (3.60%) 0.00% 25.70%
Other 1.90% 1.90% 1.70%
Income tax expense and rate 22.70% 20.70% 67.20%