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Income Taxes
 6 Months Ended
Jun. 30, 2024
Income Tax Disclosure [Abstract]  
Income Taxes

Note 11—Income Taxes

The effective tax rate was 6.7% and 32.7% for the three months ended June 30, 2024 and 2023, respectively, and 18.8% and 31.1% for the six months ended June 30, 2024 and 2023, respectively. The change in the effective tax rate for the three and six months ended June 30, 2024 compared to the prior year was primarily due to releases of uncertain tax positions in the current year due to closed audits and a proportionate change in the composition of income before income taxes from foreign and domestic tax jurisdictions. The effective tax rates for the three and six months ended June 30, 2024 include tax benefits of $40.8 million related to releases of uncertain tax positions and $5.7 million of tax refunds, both due to closed audits.