Income Taxes (Tables)

3 Months Ended

Mar. 31, 2022

Income Tax Disclosure [Abstract]

Reconciliation between the U.S. federal statutory tax rate and effective tax rate

A reconciliation between the U.S. federal statutory tax rate and our effective tax rate is summarized as follows:

	For the Three Months Ended March 31,
	2022		2021
Statutory rate	21.0	%	21.0	%
State taxes	(0.4)		0.8
Taxes on foreign earnings	(10.8)		(10.9)
Tax credits	(2.5)		(3.7)
Purchased intangible assets	0.6		0.8
GILTI	0.3		0.9
Neurimmune tax impacts	24.2		(0.6)
Other	3.8		1.2
Effective tax rate	36.2	%	9.5	%