Income Taxes |
3 Months Ended |
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Mar. 31, 2025 | |
Income Tax Disclosure [Abstract] | |
Income Taxes | Income Taxes For the three months ended March 31, 2025 and 2024, the provision for income taxes from continuing operations was $274 million and $232 million, respectively, representing effective tax rates of 17.9% and 17.0%, respectively. The higher effective tax rate for the three months ended March 31, 2025 was primarily due to higher forecasted 2025 pre-tax earnings, partially offset by lower discrete tax expense. The Company calculated the provision for income taxes by applying the estimated annual effective tax rate to year-to-date pre-tax income and adjusting for discrete items that occurred during the period.
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