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Income Tax
6 Months Ended
Jun. 30, 2025
Income Tax Disclosure [Abstract]  
Income Tax Income Tax
Three Months EndedSix Months Ended
June 30, 2025June 30, 2024June 30, 2025June 30, 2024
Effective tax rate24 %24 %23%23%
The effective tax rate for the three and six months ended June 30, 2025, was relatively flat compared to prior year.
Our effective tax rate can be volatile and may change with, among other things, the amount and source of pretax income or loss, our ability to utilize foreign tax credits, excess tax benefits or deficiencies from share-based compensation, changes in tax laws and the movement of liabilities established pursuant to accounting guidance for uncertain tax positions as statutes of limitations expire, positions are effectively settled, or when additional information becomes available. There are proposed or pending tax law changes in various jurisdictions and other changes to regulatory environments in countries in which we do business that, if enacted, could have an impact on our effective tax rate.