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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2022
Income Tax Disclosure [Abstract]  
Schedule of income (loss) from continuing operations before income taxes
Years Ended December 31,
(In millions)202220212020
Income (loss) from continuing operations before income taxes
U.S.$(44.3)(1.8)(72.9)
Foreign270.5 237.3 152.2 
Income from continuing operations before income taxes$226.2 235.5 79.3 
Schedule of Components of Income Tax Expense Benefit
Provision (benefit) for income taxes from continuing operations
Current tax expense (benefit)
U.S. federal$2.8 0.5 (0.8)
State1.6 0.9 (0.6)
Foreign99.3 104.3 86.2 
Current tax expense103.7 105.7 84.8 
Deferred tax expense (benefit)
U.S. federal(59.3)6.0 (7.9)
State(0.1)2.9 (1.6)
Foreign(2.9)5.7 (18.7)
Deferred tax expense (benefit)(62.3)14.6 (28.2)
Provision for income taxes of continuing operations$41.4 120.3 56.6 
Comprehensive provision (benefit) for income taxes allocation
Years Ended December 31,
(In millions)202220212020
Comprehensive provision (benefit) for income taxes allocable to
Continuing operations$41.4 120.3 56.6 
Discontinued operations(0.9)0.6 (0.2)
Other comprehensive income (loss)55.9 55.3 (12.4)
Equity — (0.6)
Comprehensive provision for income taxes$96.4 176.2 43.4 
Schedule of Effective Income Tax Rate Reconciliation
The following table reconciles the difference between the actual tax rate on continuing operations and the statutory U.S. federal income tax rate of 21% for 2022, 2021 and 2020.
Years Ended December 31,
(In percentages)202220212020
U.S. federal tax rate21.0 %21.0 %21.0 %
Increases (reductions) in taxes due to:
Foreign rate differential7.5 7.6 12.9 
Taxes on cross border income, net of credits6.9 4.6 11.0 
Adjustments to valuation allowances(21.1)6.7 6.6 
Foreign income taxes(0.7)6.1 10.6 
French business tax0.8 0.7 3.7 
State income taxes, net0.7 0.9 (1.6)
Share-based compensation1.3 0.2 (3.1)
Acquisition costs 0.5 6.0 
Other1.9 2.8 4.3 
Actual income tax rate on continuing operations18.3 %51.1 %71.4 %
Schedule of Deferred Tax Assets and Liabilities
Components of Deferred Tax Assets and Liabilities
December 31,
(In millions)20222021
Deferred tax assets
Pension liabilities$33.5 53.1 
Retirement benefits other than pensions23.8 54.6 
Lease liabilities80.9 85.4 
Workers’ compensation and other claims27.5 35.5 
Property and equipment, net54.1 35.7 
Other assets and liabilities113.3 88.2 
Net operating loss carryforwards53.4 72.8 
Interest limitations and other tax carryforwards(a)
20.6 6.0 
Foreign tax and other tax credits(b)
57.4 82.8 
Subtotal464.5 514.1 
Valuation allowances(77.3)(141.5)
Total deferred tax assets387.2 372.6 
Deferred tax liabilities
Right-of-use assets, net76.8 76.9 
Goodwill and other intangibles100.3 76.7 
Other assets and miscellaneous31.7 28.8 
Deferred tax liabilities208.8 182.4 
Net deferred tax asset$178.4 190.2 
Included in:
Noncurrent assets$246.2 239.4 
Noncurrent liabilities(67.8)(49.2)
Net deferred tax asset$178.4 190.2 

(a)U.S. interest limitation carryforward of $10.8 million has an unlimited carryforward and is not subject to a valuation allowance. In addition, foreign interest limitation and other tax carryforwards of $9.8 million have an unlimited carryforward and are subject to a full valuation allowance.
(b)U.S. foreign tax credits of $54.0 million expire in various years between 2023 and 2031 and other remaining credits of $3.4 million have various expiration periods. The U.S. foreign tax credits and other credits have a valuation allowance of $10.3 million.
Summary of Valuation Allowance Based on our analysis of positive and negative evidence including historical and expected future taxable earnings, and a consideration of available tax-planning strategies, we believe it is more-likely-than-not that we will realize the benefit of the existing deferred tax assets, net of valuation allowances, at December 31, 2022.
Years Ended December 31,
(In millions)202220212020
Valuation allowances:
Beginning of year$141.5 128.1 118.3 
Expiring tax credits(0.2)(0.7)(0.4)
Acquisitions and dispositions (0.8)4.9 
Changes in judgment about deferred tax assets(a)
(46.1)8.8 (2.4)
Other changes in deferred tax assets, charged to:
Income from continuing operations(1.4)7.4 8.1 
Other comprehensive income (loss)(13.9)(0.2)(0.3)
Foreign currency exchange effects(2.6)(1.1)(0.1)
End of year$77.3 141.5 128.1 

(a)Changes in judgment about valuation allowances are based on a recognition threshold of “more-likely-than-not” of realizing beginning-of-year balances of deferred tax assets. Amounts are recognized in income from continuing operations. The 2022 change in judgment includes the impact of the U.S. final foreign tax credit regulations. We determined a significant amount of the post-2021 foreign withholding taxes will now be ineligible for U.S. foreign income tax credit treatment and therefore our U.S. operations will no longer annually be generating new foreign tax credits in excess of its annual foreign tax credit utilization limit. As a result, we expect to be able to utilize a substantial amount of our foreign tax credit and general business tax credit carryforwards to offset future tax prior to their expiration..
Net Operating Losses The tax benefit of net operating loss carryforwards, before valuation allowances, as of December 31, 2022, was $53.4 million, and expires as follows:
(In millions)FederalStateForeignTotal
Years of expiration
 2023-2027
$— — 1.8 1.8 
 2028-2032— 0.5 1.1 1.6 
 2033 and thereafter— 9.7 4.2 13.9 
 Unlimited4.2 1.7 30.2 36.1 
 $4.2 11.9 37.3 53.4 
Uncertain Tax Positions
A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:
Years Ended December 31,
(In millions)202220212020
Uncertain tax positions:
Beginning of year$28.9 14.0 12.0 
Increases related to prior-year tax positions1.2 3.0 — 
Decreases related to prior-year tax positions(2.9)(0.4)(0.2)
Increases related to current-year tax positions2.3 5.2 2.3 
Increases related to acquisitions0.3 11.8 4.1 
Settlements(2.4)(2.5)(2.1)
Effect of the expiration of statutes of limitation(1.9)(1.6)(1.4)
Foreign currency exchange effects(2.0)(0.6)(0.7)
End of year$23.5 28.9 14.0