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Income Taxes
6 Months Ended
Jun. 30, 2020
Income Taxes [Abstract]  
Income Taxes Income TaxesOur effective tax rate for the six months ended June 30, 2020 increased period-over-period to 30.6% from 25.7%. The increase was primarily attributable to the non-deductibility in certain jurisdictions of a portion of the repositioning costs and net loss on dispositions, partially offset by a lower effective rate on certain foreign earnings resulting from a restructuring. In the second quarter of 2019, income tax expense was reduced by $10.8 million primarily from the net favorable settlements of uncertain tax positions in certain jurisdictions.
At June 30, 2020, our unrecognized tax benefits were $183.7 million. Of this amount, approximately $174.5 million would affect our effective tax rate upon resolution of the uncertain tax positions. Due to the impact of the COVID-19 pandemic, we re-assessed the realizability of our deferred tax assets and have determined that there has been no change in assessment as of June 30, 2020.
In addition, in response to the economic impact of the COVID-19 pandemic, the Coronavirus Aid, Relief, and Economic Security Act, or the CARES Act, was signed into law on March 27, 2020. We have determined that the CARES Act did not have a material impact on our income tax expense or effective tax rate for the quarter or the six months ended June 30, 2020 and will not have a material impact on our income tax expense or effective tax rate for the year ending December 31, 2020.