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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2019
Income Taxes [Abstract]  
Schedule Of Unrecognized Tax Benefits Roll Forward

2019

2018

2017

Balance at January 1,

$

2.6

$

2.3

$

1.8

Additions based on tax positions related to current year

0.2

1.1

0.4

Additions based on tax positions of prior years

0.3

Reductions for tax positions of prior years

(0.1)

(0.8)

(0.2)

Settlements

(0.8)

Balance at December 31,

$

1.9

$

2.6

$

2.3

Schedule Of Effective Income Tax Rate Reconciliation

For the Years Ended December 31,

2019

2018

2017

Statutory U.S. federal income tax rate

21.0

%

21.0

%

35.0

%

State and local income taxes, net of federal benefit

4.5

3.1

4.0

Deemed repatriation of foreign earnings

(1.0)

3.3

Effect of tax rate changes

(5.1)

13.5

Meals and entertainment

1.4

1.4

1.4

Other, net

0.6

0.4

(0.1)

Effective tax rate

27.5

%

19.8

%

57.1

%

Schedule Of Income Before Income Tax, Domestic And Foreign

For the Years Ended December 31,

Components of Income before Taxes

2019

2018

2017

Domestic

$

185.1

$

163.3

$

155.2

Foreign

14.8

15.8

12.3

Income before taxes

$

199.9

$

179.1

$

167.5

Schedule Of Components Of Income Tax Expense Benefit

For the Years Ended December 31,

Components of Income Tax Provision

2019

2018

2017

Current expense

U.S. Federal

$

41.9

$

20.5

$

66.5

State

12.4

6.9

11.4

Foreign

4.4

4.6

3.5

Total current expense

$

58.7

$

32.0

$

81.4

Deferred (benefit) expense

U.S. Federal

(3.0)

2.5

15.3

State

(0.8)

0.8

(1.1)

Foreign

0.1

0.1

Total deferred (benefit) expense

$

(3.7)

$

3.4

$

14.2

Total income tax provision

$

55.0

$

35.4

$

95.6

Schedule Of Deferred Tax Assets And Liabilities

Assets (Liabilities)

2019

2018

Pension

$

38.7

$

31.0

Operating lease liabilities

30.6

Postretirement benefits

19.6

18.6

Inventory

14.9

12.1

Other deferred tax assets

5.0

5.0

Payroll accruals

2.9

2.9

Bad debt reserves

1.0

1.0

Subtotal

112.7

70.6

Less: valuation allowances

(0.4)

Deferred tax assets

112.3

70.6

Fixed assets

(32.2)

(28.3)

Operating lease right-of-use assets

(28.7)

Other deferred tax liabilities

(4.5)

(4.0)

Computer software

(2.9)

(3.2)

Deferred tax liabilities

(68.3)

(35.5)

Net deferred tax assets

$

44.0

$

35.1

Deferred income taxes included in non-current assets (liabilities) at December 31 were:

2019

2018

Deferred tax assets included in other non-current assets

$

44.5

$

35.5

Deferred tax liabilities included in other non-current liabilities

(0.5)

(0.4)

Summary Of Operating Loss Carryforwards

2019

2018

U.S. Federal(A)

$

0.4

$

State(A)

0.3

0.4

Foreign(B)

0.1

0.1

(A)Expires between 2023 and 2030

(B)Indefinite life