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Income Taxes
 6 Months Ended
Jun. 30, 2021
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 June 30,For the Six Months Ended June 30,
 2020202120202021
Controlling interest:  
Current taxes$1.3 $17.8 $20.6 $48.4 
Intangible-related deferred taxes(3.1)31.0 (34.1)39.9 
Other deferred taxes2.9 13.4 14.7 22.3 
Total controlling interest1.1 62.2 1.2 110.6 
Non-controlling interests:    
Current taxes$2.2 $2.7 $4.4 $4.9 
Deferred taxes0.0 6.0 (0.1)6.0 
Total non-controlling interests2.2 8.7 4.3 10.9 
Income tax expense $3.3 $70.9 $5.5 $121.5 
Income before income taxes (controlling interest)$31.8 $171.2 $16.3 $369.5 
Effective tax rate (controlling interest)(1)
3.4 %36.3 %7.6 %29.9 %
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(1)Taxes attributable to the controlling interest divided by income before income taxes (controlling interest).
The Company’s effective tax rate (controlling interest) increased to 36.3% and 29.9% for the three and six months ended June 30, 2021, respectively, primarily due to a $19.2 million deferred tax expense resulting from the revaluation of certain deferred tax liabilities due to an increase in the UK tax rate enacted during the second quarter of 2021, as well as a $5.5 million benefit related to uncertain tax positions and a $4.1 million benefit for a capital loss carried back to a fiscal year prior to the effective date of the Tax Cuts and Jobs Act in 2020 that did not reoccur.