INCOME TAXES |
9 Months Ended |
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Sep. 30, 2026 | |
| Income Tax Disclosure [Abstract] | |
| INCOME TAXES | INCOME TAXES The effective tax rate for the three months ended September 30, 2026 and 2025 was approximately 29% and 38%. The effective tax rate for the nine months ended September 30, 2026 and 2025 was approximately 26% and 52%. The effective tax rate decrease quarter over quarter is primarily due to the overall change in earnings. The effective tax rate decrease year over year is primarily due to the overall change in earnings and the impact of discrete items. The difference between our effective tax rate as compared to the U.S. statutory federal tax rate of 21% is primarily due to state and foreign income taxes, partially offset by discrete tax items. Our discrete items are primarily related to unrecognized tax benefits. Cash paid for income taxes, net of refunds, was $81 million and $138 million for the nine months ended September 30, 2026 and 2025.
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