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Income Taxes
 6 Months Ended
Jun. 30, 2024
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
The following table summarizes the Company’s provision for income taxes and effective income tax provision rate for the three and six month periods ended June 30, 2024 and 2023.
For the Three Month Period Ended June 30,For the Six Month Period Ended June 30,
2024202320242023
Income before income taxes$236.1 $238.9 $505.7 $449.9 
Provision for income taxes$46.1 $60.5 $100.5 $108.6 
Effective income tax provision rate19.5 %25.3 %19.9 %24.1 %
The decrease in the provision for income taxes and decrease in the effective income tax provision rate for the three month period ended June 30, 2024 when compared to the same three month period of 2023 is primarily due to a decrease in the pretax book income in jurisdictions with higher effective tax rates combined with an increase in earnings in jurisdictions with lower tax rates and a benefit from a windfall tax deduction.
The decrease in the provision for income taxes and decrease in the effective income tax provision rate for the six month period ended June 30, 2024 when compared to the same six month period of 2023 is primarily due to a decrease in the pretax book income in jurisdictions with higher effective tax rates combined with an increase in earnings in jurisdictions with lower tax rates and a benefit from a windfall tax deduction.