Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Schedule of Income from Continuing Operations before Taxes

Income from continuing operations, before taxes for the years ended December 31 was as follows:

	2022		2021		2020
United States	$	(23.8)	$	19.3	$	(89.6)
Foreign	(293.5)		(178.1)		(214.0)
Total	$	(317.3)	$	(158.8)	$	(303.6)

Schedule of Provision for Income Taxes

The provision for income taxes for the years ended December 31 was as follows:

	2022		2021		2020
Federal:
Current	$	—	$	0.2	$	(9.5)
Deferred	—		—		8.9
Total Federal	—		.2		(0.6)
Foreign:
Current	25.6		35.5		31.4
Deferred	11.8		(20.0)		2.6
Total Foreign	37.4		15.5		34.0
State and Local:
Current	—		.5		.6
Deferred	—		—		—
Total State and other	—		.5		.6
Total	$	37.4	$	16.2	$	34.0

Schedule of Effective Tax Rate

The continuing operations effective tax rate for the years ended December 31 was as follows:

	2022		2021		2020
Statutory federal rate	21.0	%	21.0	%	21.0	%
State and local taxes, net of federal tax benefit	—		(.3)		(.2)
Tax on foreign income	10.8		67.1		(1.8)
Tax on uncertain tax positions	.6		3.7		1.1
Reorganizations	—		—		(10.0)
Net change in valuation allowances	(44.6)		(103.1)		(21.4)
Other	.4		1.4		.1
Effective tax rate	(11.8)	%	(10.2)	%	(11.2)	%

Schedule of Deferred Tax Assets and Liabilities

Deferred tax assets (liabilities) at December 31 consisted of the following:

	2022		2021
Deferred tax assets:
Tax loss and deduction carryforwards	$	478.5	$	425.0
Intangibles	187.6		218.5
Tax credit carryforwards	120.3		119.7
Interest carryforwards	93.6		76.3
All other future deductions	168.4		199.8
Valuation allowance	(941.4)		(815.4)
Total deferred tax assets	107.0		223.9
Deferred tax liabilities	$	(59.2)	$	(105.0)
Net deferred tax assets	$	47.8	$	118.9

Deferred tax assets (liabilities) at December 31 were classified as follows:

	2022		2021
Deferred tax assets:
Other assets	$	52.1	$	121.4
Total deferred tax assets	52.1		121.4
Deferred tax liabilities:
Long-term income taxes	$	(4.3)	$	(2.5)
Total deferred tax liabilities	(4.3)		(2.5)
Net deferred tax assets	$	47.8	$	118.9

Reconciliation of Beginning and Ending Amount of Unrecognized tax benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:

Balance at December 31, 2019	331.7
Additions based on tax positions related to the current year	90.6
Additions for tax positions of prior years	.6
Reductions for tax positions of prior years	(34.1)
Reductions due to lapse of statute of limitations	(16.5)
Reductions due to settlements with tax authorities	(.2)
Balance at December 31, 2020	372.1
Additions based on tax positions related to the current year	6.8
Additions for tax positions of prior years	24.1
Reductions for tax positions of prior years	(136.8)
Reductions due to lapse of statute of limitations	(11.2)
Reductions due to settlements with tax authorities	(3.3)
Balance at December 31, 2021	251.7
Additions based on tax positions related to the current year	3.3
Additions for tax positions of prior years	—
Reductions for tax positions of prior years	(1.8)
Reductions due to lapse of statute of limitations	(1.1)
Reductions due to settlements with tax authorities	(2.3)
Balance at December 31, 2022	$	249.8

Tax Years Remaining

As of December 31, 2022, the tax years that remained subject to examination by major tax jurisdiction for our most significant subsidiaries were as follows:

Jurisdiction	Open Years
Brazil	2017-2022
Philippines	2017, 2019-2022
Poland	2014-2022
Russia	2020-2022
United Kingdom	2020-2022
United States (Federal)	2017-2022