v3.26.1
Provision For Income Taxes
3 Months Ended
Apr. 03, 2026
Income Tax Disclosure [Abstract]  
PROVISION FOR INCOME TAXES PROVISION FOR INCOME TAXESThe effective tax rates for the three months ended March 31, 2026 was 21.4%, as compared to 22.4% for the corresponding period in 2025. The effective tax rate for the three months ended March 31, 2026, differed from the U.S. federal statutory tax rate of 21%, primarily due to state taxes, partially offset by excess tax benefits related to certain stock grants and the Foreign-Derived Intangible Income deduction. The effective tax rate for the three months ended March 31, 2025, differed from the U.S. federal statutory tax rate of 21%, primarily due to state taxes, partially offset by excess tax benefits related to certain stock grants and the generation of federal tax credits.