XML 106 R89.htm IDEA: XBRL DOCUMENT v3.25.0.1
Income Taxes (Reconciliation of the U.S. Federal Statutory Tax Rate to the Company's Effective Income Tax Rate) (Details)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income Tax Disclosure [Abstract]      
U.S. federal statutory tax rate 21.00% 21.00% 21.00%
State taxes, net of federal benefit 2.30% 1.90% 2.50%
Non-U.S. local income taxes 2.30% 1.40% 3.80%
U.S. permanent adjustments 0.60% 0.80% 1.40%
Foreign permanent adjustments 1.00% 0.70% (2.10%)
Foreign rate differential 2.10% 2.00% 3.10%
Net U.S. tax on non-U.S. earnings and foreign withholdings 2.80% 5.10% 3.50%
Provision for/(resolution) of tax audits and contingencies, net (1.30%) 0.30% 0.30%
U.S. Pension Settlement - Release of Residual Tax Effect 0.00% 0.00% (4.00%)
Change in valuation allowances 4.40% (1.20%) (0.60%)
Impact of Mexico net operating loss inflation revaluation (2.20%) 0.00% 0.00%
Establishment of deferred tax asset for Non-U.S. reserves (4.30%) 0.00% 0.00%
Impact of amended tax returns (0.80%) 0.00% (0.10%)
Return to provision (2.20%) (1.20%) (1.10%)
Other adjustments (0.90%) (0.40%) (0.80%)
Effective income tax rate 24.80% 30.40% 26.90%