v3.26.1
INCOME TAXES
6 Months Ended
Jun. 30, 2026
Income Tax Disclosure [Abstract]  
INCOME TAXES INCOME TAXES
The following table presents the overall effective tax rate for the three and six months ended June 30, 2026 and 2025:
Three Months Ended
June 30,
Six Months Ended
June 30,
2026202520262025
Overall Effective Tax Rate23.4 %24.8%23.1%24.0%
The year over year decrease in the effective rate for the three months ended June 30, 2026 was primarily driven by prior period audit settlements. The year over year decrease in the effective tax rate for the six months ended June 30, 2026 was primarily driven by prior period audit settlements and higher discrete equity compensation tax deductions.