v3.26.1
Income Taxes
 6 Months Ended
Jun. 30, 2026
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes.
Three months ended June 30,Six months ended June 30,
2026202520262025
Income tax expense
$19.2 $4.8 $25.0 $2.6 
Effective tax rate52.9 %27.9 %51.3 %26.5 %

The effective tax rate on the income from continuing operations was 52.9% and 51.3% for the three and six months ended June 30, 2026, respectively, and 27.9% and 26.5% for the three and six months ended June 30, 2025, respectively. For all periods noted, the effective tax rate differed compared to the U.S. federal statutory rate due to expected jurisdictional mix of earnings, U.S. tax on foreign income and other expected permanent tax differences relative to pretax earnings. The effective tax rate for the periods presented in 2025 were lower than the effective tax rate for the periods presented in 2026 primarily due to decreased interest expense deductibility in 2026.