XML 36 R23.htm IDEA: XBRL DOCUMENT v3.24.4
Income Taxes
 6 Months Ended
Dec. 31, 2024
Income Tax Disclosure [Abstract]  
Income Taxes INCOME TAXES
Three Months Ended 
 December 31,		Six Months Ended 
 December 31,
2024202320242023
(in millions)
Provision for income taxes$33.6 $17.4 $54.1 $39.4 
Effective tax rate19.1 %19.9 %19.6 %19.7 %
Excess tax benefits$3.2 $1.2 $6.3 $6.2 

The decrease in the effective tax rate for the three months ended December 31, 2024 was primarily driven by an increase in discrete tax benefits inclusive of excess tax benefit related to equity compensation.

The decrease in the effective tax rate for the six months ended December 31, 2024 was primarily driven by an increase in discrete tax benefits inclusive of excess tax benefit related to equity compensation.