Three months ended

Nine months ended

September 30,

2023

2024

2023

2024

(In millions)

Expected tax expense (benefit) at U.S. federal statutory
income tax rate of 21%

$

(2.0)

$

25.2

$

(5.5)

$

36.9

Non-U.S. tax rates

(1.9)

.5

(4.3)

.4

Incremental net tax benefit on earnings and losses of U.S. and non-U.S. tax group companies

(4.4)

4.5

(9.5)

.2

Global intangible low-tax income, net

—

1.5

.1

2.9

Valuation allowance, net

—

1.3

—

3.8

Adjustment to the reserve for uncertain tax positions, net

.1

.2

(.6)

.4

Adjustment of prior year taxes, net

(.1)

—

(.5)

—

Nondeductible expenses

.2

.5

.7

1.1

U.S. state income taxes and other, net

.3

.6

(.2)

.9

Income tax expense (benefit)

$

(7.8)

$

34.3

$

(19.8)

$

46.6

Comprehensive provision (benefit) for income taxes allocable to:

Net income (loss)

$

(7.8)

$

34.3

$

(19.8)

$

46.6

Other comprehensive income (loss):

Currency translation

(.2)

.7

(1.6)

(1.4)

Pension plans

.3

.2

1.4

.8

Other

(.1)

.2

(.4)

—

Total

$

(7.8)

$

35.4

$

(20.4)

$

46.0