Income Taxes (Tables)

3 Months Ended

Mar. 31, 2023

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,
	2023		2022
Statutory rate	21.0	%	21.0	%
State taxes	1.3		(0.4)
Taxes on foreign earnings	(5.6)		(10.8)
Tax credits	(6.6)		(2.5)
Purchased intangible assets	0.4		0.6
GILTI	0.5		0.3
Neurimmune tax impacts	—		24.2
Other	0.6		3.8
Effective tax rate	11.6	%	36.2	%