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Income Taxes (Tables)
 12 Months Ended
Dec. 31, 2019
Income Tax Disclosure [Abstract]  
Schedule of Income before Income Tax, Domestic and Foreign

The following table presents components of loss from operations before taxes for the years ended December 31:
 
2019
 
2018
 
2017
Domestic
$
(249.6
)
 
$
(300.9
)
 
$
(212.6
)
Foreign
20.7

 
(177.4
)
 
20.7

Total
$
(228.9
)
 
$
(478.3
)
 
$
(191.9
)
Schedule of Components of Income Tax Expense (Benefit)
The following table presents the components of income tax (benefit) expense for the years ended December 31:
 
2019
 
2018
 
2017
Current
 
 
 
 
 
U.S. federal
$
0.7

 
$
0.8

 
$
(5.9
)
Foreign
36.1

 
49.0

 
72.9

State and local
1.5

 
1.9

 
1.7

Total current
38.3

 
51.7

 
68.7

Deferred
 
 
 
 
 
U.S. federal
78.1

 
4.6

 
7.6

Foreign
(11.7
)
 
(19.8
)
 
(44.9
)
State and local
12.0

 
0.7

 
(3.1
)
Total deferred
78.4

 
(14.5
)
 
(40.4
)
Income tax expense (benefit)
$
116.7

 
$
37.2

 
$
28.3
Schedule of Effective Income Tax Rate Reconciliation
Income tax expense (benefit) attributable to loss from operations before taxes differed from the amounts computed by applying the U.S. federal income tax rate of 21 percent to pre-tax loss from operations for years ended December 31, 2019 and 2018 as a result of the Tax Act. The applicable U.S. federal rate of 35 percent to pre-tax loss from operations was used for 2017. The following table presents these differences for the years ended December 31:
 
2019
 
2018
 
2017
Statutory tax benefit
$
(48.1
)
 
$
(100.5
)
 
$
(67.2
)
State and local taxes (net of federal tax benefit)
(3.8
)
 
1.5

 
(1.1
)
Brazil non-taxable incentive
(5.8
)
 
(3.8
)
 
(3.9
)
Valuation allowances
46.2

 
80.6

 
10.5

Barbados loan restructuring
83.1

 
—

 
—

Netherlands liquidation deferred tax
5.9

 
—

 
—

Goodwill impairment
—

 
34.0

 
—

Foreign tax rate differential
(1.4
)
 
(33.7
)
 
(31.5
)
Tax on unremitted foreign earnings
8.9

 
4.9

 
14.4

Accrual adjustments
4.0

 
3.1

 
4.1

Tax Act - rate impact on deferred tax balance
—

 
(2.5
)
 
45.1

U.S. taxed foreign income
10.5

 
32.6

 
36.6

Business tax credits
—

 
(1.1
)
 
(0.6
)
Non-deductible (non-taxable) items
18.0

 
18.9

 
22.1

Return to provision and prior year true up
(3.8
)
 
1.6

 
(1.4
)
Withholding tax and other taxes
6.8

 
1.7

 
1.5

Other
(3.8
)
 
(0.1
)
 
(0.3
)
Income tax expense (benefit)
$
116.7

 
$
37.2

 
$
28.3
Summary of Income Tax Contingencies
Details of the unrecognized tax benefits are as follows:
 
2019
 
2018
 
2017
Balance at January 1
$
49.5

 
$
48.4

 
$
43.2

Increases (decreases) related to prior year tax positions, net
5.1

 
(1.5
)
 
6.1

Increases related to current year tax positions
4.4

 
4.8

 
7.5

Settlements
(5.5
)
 
(1.5
)
 
(1.8
)
Reductions due to lapse of applicable statute of limitations
(2.6
)
 
(0.7
)
 
(6.6
)
Balance at December 31
$
50.9

 
$
49.5

 
$
48.4
Schedule of Deferred Tax Assets and Liabilities Significant components of the Company's deferred tax assets and liabilities at December 31 are as follows:
 
2019
 
2018
Deferred tax assets
 
 
 
Accrued expenses
$
12.4

 
$
64.0

Warranty accrual
8.7

 
6.7

Deferred compensation
9.8

 
9.6

Allowances for doubtful accounts
5.4

 
3.2

Inventories
12.7

 
23.9

Deferred revenue
18.3

 
28.6

Pensions, post-retirement and other benefits
69.1

 
76.9

Tax credits
65.1

 
74.1

Net operating loss carryforwards (NOL's)
197.1

 
160.0

Capital loss carryforwards
3.1

 
2.6

State deferred taxes
8.8

 
19.8

Lease liability
32.8

 
—

Other
17.3

 
24.2

 
460.6

 
493.6

Valuation allowances
(217.7
)
 
(175.4
)
Net deferred tax assets
$
242.9

 
$
318.2

 
 
 
 
Deferred tax liabilities
 
 
 
Property, plant and equipment, net
$
26.9

 
$
30.2

Goodwill and intangible assets
154.1

 
177.0

Undistributed earnings
30.0

 
20.6

Right-of-use assets
32.5

 
—

Net deferred tax liabilities
243.5

 
227.8

Net deferred tax (liability) asset
$
(0.6
)
 
$
90.4
Schedule of Deferred Income Taxes by Balance Sheet Account
Deferred income taxes reported in the consolidated balance sheets as of December 31 are as follows:
 
2019
 
2018
Deferred income taxes - assets
$
120.8

 
$
243.9

Deferred income taxes - liabilities
(134.5
)
 
(153.5
)
Net deferred tax assets classified as held-for-sale (1)
13.1

 
—

Net deferred tax (liabilities) assets
$
(0.6
)
 
$
90.4


(1) As of December 31, 2018, the Company recorded an immaterial net deferred tax liability classified as assets held-for-sale, which is not included in the above table.