v3.26.3
Income Taxes
 9 Months Ended
Sep. 30, 2026
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
The following table presents income tax expense and the effective tax rate:
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
(Dollars in millions)
Income tax expense$67.0 $58.9 $197.0 $177.9 
Effective tax rate24 %22 %23 %22 %
The effective tax rate for each of the periods in the table above differed from the statutory federal rate of 21%, due to state income taxes and U.S. taxes on foreign earnings, net of foreign tax credits, partially offset by a lower foreign effective tax rate.