Income taxes

3 Months Ended

Mar. 31, 2026

Income Tax Disclosure [Abstract]

Income taxes

Income taxes

Provision for income taxes is based on the following:

	For Three Months Ended
	March 31,
	2026			2025
Taxes calculated using the estimated annual effective tax rate	$	229		$	166
Discrete tax items	(60)			(69)
Provision for income taxes	$	169		$	97
Effective tax rate	10		%	8		%

The effective tax rate differs from the 21% U.S. statutory corporate tax rate due to the effect of U.S. tax benefits.