Annual report pursuant to Section 13 and 15(d)

Income Taxes - Deferred Tax Assets and Liabilities (Detail)

v3.20.4
Income Taxes - Deferred Tax Assets and Liabilities (Detail) - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Deferred income tax assets:      
Accruals not currently deductible $ 92.6 $ 80.2  
Tax loss and credit carryforwards of certain foreign subsidiaries 128.3 103.6  
Tax loss and domestic tax credit carryforwards 208.7 215.2  
Deferred compensation plan 39.6 40.9  
Deferred interest expense 67.4 35.5  
Accrued vacation 5.9 5.5  
Inventory reserve 5.5 4.7  
Operating lease liabilities 36.6 21.5  
Other 6.6 6.0  
Gross deferred income tax assets 591.2 513.1  
Less: valuation allowance (390.8) (330.3)  
Total deferred income tax assets 200.4 182.8 $ 165.6
Deferred income tax liabilities:      
Intangible assets 71.2 71.1  
Depreciation/amortization 2.7 3.7  
Unremitted foreign earnings 14.9 22.7  
Operating lease assets 32.9 18.0  
Other 22.0 9.4  
Total deferred income tax liabilities 143.7 124.9  
Total net deferred tax assets $ 56.7 $ 57.9