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Income Taxes - Reconciliation of Effective Income Tax Rate (Details)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Reconciliation of the applicable statutory U.S. income tax rate to the effective tax rate      
Statutory U.S. federal tax rate 21.00% 21.00% 21.00%
Increase/(decrease) in tax rate resulting from:      
U.S. state and local income taxes, net of U.S. federal income tax benefit 2.50% 3.50% 4.00%
Tax-exempt income (1.60%) (1.40%) (1.50%)
Non-U.S. earnings 1.40% 1.80% 0.60%
Business tax credits (6.30%) (4.40%) (3.50%)
Tax audit resolutions 0.00% (2.30%) (0.10%)
Impact of the TCJA 0 0 (0.007)
Other, net 0.70% 0.00% 0.50%
Effective tax rate 17.70% 18.20% 20.30%