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Income Taxes
 9 Months Ended
Sep. 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 September 30,For the Nine Months Ended September 30,
 2020202120202021
Controlling interest:  
Current taxes$4.4 $23.2 $25.0 $71.6 
Intangible-related deferred taxes27.0 12.0 (7.1)51.9 
Other deferred taxes1.1 7.4 15.8 29.7 
Total controlling interest32.5 42.6 33.7 153.2 
Non-controlling interests:    
Current taxes$3.1 $2.3 $7.4 $7.2 
Deferred taxes1.9 — 1.9 6.0 
Total non-controlling interests5.0 2.3 9.3 13.2 
Income tax expense $37.5 $44.9 $43.0 $166.4 
Income before income taxes (controlling interest)$103.8 $171.0 $120.0 $540.5 
Effective tax rate (controlling interest)(1)
31.3 %24.9 %28.1 %28.3 %
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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) for the three months ended September 30, 2020 was higher than the marginal tax rate, primarily due to an $8.1 million deferred tax expense resulting from the revaluation of certain of the Company’s deferred tax liabilities due to an increase in the UK tax rate.
The Company’s effective tax rate (controlling interest) for the nine months ended September 30, 2020 was higher than the marginal tax rate, primarily due to an $8.1 million deferred tax expense resulting from the revaluation of certain of the Company’s deferred tax liabilities due to an increase in the UK tax rate, as well as a $3.6 million tax expense related to share-
based compensation, offset by a $5.5 million benefit related to uncertain tax positions in the period. The Company’s effective tax rate (controlling interest) for the nine months ended September 30, 2021 was higher than the marginal tax rate, 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