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Provision For Income Taxes
6 Months Ended
Jun. 30, 2023
Income Tax Disclosure [Abstract]  
PROVISION FOR INCOME TAXES PROVISION FOR INCOME TAXESThe effective tax rates for the three and six months ended June 30, 2023 were 19.1% and 18.5% respectively, as compared to 20.2% and 19.9% for the corresponding periods in 2022. The effective tax rates for the three and six months ended June 30, 2023, differed from the U.S. federal statutory tax rate of 21% primarily due to the generation of federal tax credits, partially offset by state taxes. The effective tax rates for the three and six months ended June 30, 2022, differed from the U.S. federal statutory tax rate of 21% primarily due to excess tax benefits related to the exercise of certain stock options during the periods and the generation of federal tax credits, partially offset by state taxes.