Annual report pursuant to Section 13 and 15(d)

INCOME TAXES - Components of Deferred Income Tax Assets and Liabilities (Details)

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INCOME TAXES - Components of Deferred Income Tax Assets and Liabilities (Details) - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Deferred income tax assets:    
Net operating and capital loss carryforwards $ 286.1 $ 285.1
Goodwill and intangible assets 128.0 119.1
Employee compensation programs 62.7 40.5
Foreign tax credits 17.4 16.6
Employee pension benefits 34.6 31.1
Reserves and accrued expenses 17.6 14.9
Accrued legal expense 94.9 136.3
Research and development costs 33.0 32.4
Operating lease asset 23.1 26.6
Other 11.8 18.3
Gross deferred income tax assets 709.2 720.9
Valuation allowance (382.7) (379.8)
Total deferred income tax assets, net 326.5 341.1
Deferred income tax liabilities:    
Goodwill and intangible assets (540.7) (472.5)
Undistributed earnings of foreign subsidiaries (11.3) (8.3)
Depreciation (19.1) (33.6)
Operating lease liability (23.1) (26.6)
Accrued insurance 0.0 (27.5)
Prepaid expenses (11.6) (8.1)
Investment basis difference (41.5) (1.2)
Other (2.3) (2.1)
Total deferred income tax liability (649.6) (579.9)
Net deferred income tax liability $ (323.1) $ (238.8)