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Income Taxes (Tables)

9 Months Ended

Sep. 30, 2023

Income Tax Disclosure [Abstract]

Schedule of Income Tax Provisions by Controlling and Noncontrolling 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,
			2022						2023						2022						2023
Controlling interest:
Current taxes			$	17.9					$	87.0					$	73.3					$	136.9
Intangible-related deferred taxes			12.7						(13.5)						41.2						16.4
Other deferred taxes			4.2						2.4						6.6						(3.4)
Total controlling interest			34.8						75.9						121.1						149.9
Non-controlling interests:
Current taxes			$	2.0					$	1.8					$	9.4					$	5.5
Deferred taxes			—						—						—						—
Total non-controlling interests			2.0						1.8						9.4						5.5
Income tax expense			$	36.8					$	77.7					$	130.5					$	155.4
Income before income taxes (controlling interest)			$	147.4					$	292.9					$	489.1					$	626.7

Effective tax rate (controlling interest)(1) 23.6  % 25.9  % 24.8  % 23.9  %

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

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- Definition

Tabular disclosure of the components of income tax expense attributable to controlling and non-controlling interests for each year presented including, income before income taxes and effective tax rate attributable to controlling interests.

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