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INCOME TAXES
 6 Months Ended
Jun. 30, 2026
Income Tax Disclosure [Abstract]  
INCOME TAXES INCOME TAXES
A reconciliation of the provision for income taxes using the statutory federal income tax rate to our effective income tax rate is as follows below.
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Federal statutory rate21.0 %21.0 %21.0 %21.0 %
State income taxes, net of federal benefit2.1 2.3 2.3 2.2 
Share-based payment awards(1.8)(0.4)(9.1)(2.9)
Foreign tax credits(1.1)(1.9)(1.1)(1.9)
Other U.S. tax credits and incentives(0.9)(1.6)(0.8)(1.6)
Foreign tax rate differential0.4 0.6 1.3 (0.9)
Section 162(m) limitations on compensation1.5 1.2 3.6 1.4 
Other0.3 0.2 0.2 0.6 
Effective income tax rate21.5 %21.4 %17.4 %17.9 %
Certain foreign jurisdictions in which we operate have enacted legislation implementing elements of the Organization for Economic Cooperation and Development’s Pillar Two global minimum tax framework, which generally provides for a minimum tax rate of 15 percent on large multinational enterprises. We are subject to these rules in certain jurisdictions, and any resulting tax impacts have been reflected in the income tax provision for the periods presented.
As of June 30, 2026, we had $38.5 million of unrecognized tax benefits and related interest and penalties. With few exceptions, we are no longer subject to audits of U.S. federal, state and local, or non-U.S. income tax returns before 2022.