CSS is a style sheet language used to determine the formatting of HTML documents. It separates the presentation of HTML elements from the document's structure and semantics. The key benefits of CSS include separation of concerns, cascade of rules, specificity of selector types, and the ability to control layout, colors, fonts and other stylistic aspects of HTML documents. The document provides an overview of CSS fundamentals including the anatomy of style sheets, applying styles via selectors, shorthand properties, and specificity which determines which styles get applied based on an element's selector types and order of rules.