v3.25.2
Income Taxes
6 Months Ended
Jun. 30, 2025
Income Tax Disclosure [Abstract]  
Income Taxes

NOTE H - Income Taxes

The effective tax rate for the second quarter of 2025 was 22.3% compared to 23.2% for the second quarter of 2024, primarily due to a lower mix of pre-tax income in jurisdictions with higher tax rates. The effective tax rate for the first six months of 2025 was 22.0% compared to 22.6% for the first six months of 2024, reflecting the EC claims charge and the related tax benefits in 2025.