Income taxes

9 Months Ended

Sep. 28, 2024

Income Tax Disclosure [Abstract]

Income taxes

Income taxes

The Company's consolidated effective tax rate for the quarter and year-to-date period ended September 28, 2024 was 27.8% and 26.1%, respectively. The consolidated effective tax rate for the quarter and year-to-date period ended September 30, 2023 was 23.9% and 23.7%, respectively. The Company's income tax expense is impacted by the level and mix of earnings among tax jurisdictions. The rate differed from the U.S. statutory rate in both periods primarily due to the impact of US state taxes.