XML 41 R25.htm IDEA: XBRL DOCUMENT v3.19.1
Income Taxes
 3 Months Ended
Mar. 31, 2019
Income Tax Disclosure [Abstract]  
Income Taxes
Income Taxes
The Company’s consolidated income tax provision includes taxes attributable to the controlling interest and, to a lesser extent, taxes attributable to the non-controlling interests.
The following table presents the consolidated provision for income taxes:
 
For the Three Months Ended March 31,
 
2018
 
2019
Controlling interest:
 
 
 
Current taxes
$
47.3

 
$
21.1

Intangible-related deferred taxes
13.2

 
(93.8
)
Other deferred taxes
0.3

 
7.9

Total controlling interest
60.8

 
(64.8
)
Non-controlling interests:
 
 
 
Current taxes
$
2.8

 
$
3.1

Deferred taxes
(0.1
)
 
(0.1
)
Total non-controlling interests
2.7

 
3.0

Income tax expense (benefit)
$
63.5

 
$
(61.8
)
Income (loss) before income taxes (controlling interest)
$
213.8

 
$
(265.6
)
Effective tax rate (controlling interest)(1)
28.4
%
 
24.4
%
__________________________

(1) 
Taxes attributable to the controlling interest divided by Income (loss) before income taxes (controlling interest).