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Taxes on Income
3 Months Ended
Mar. 31, 2025
Income Tax Disclosure [Abstract]  
Taxes on Income Taxes on Income
The effective income tax rates were 13.4% and 14.7% for the three months ended March 31, 2025 and 2024. These effective income tax rates reflect the beneficial impact of foreign earnings, offset by the impact of U.S. inclusions under the Global Intangible Low-Taxed Income regime and a partial valuation allowance recorded against non-deductible U.S. interest expense. There was a favorable impact to the 2025 year-to-date effective tax rate driven by a tax amortization benefit. The favorable impact to the 2024 year-to-date effective tax rate was driven by the favorable closure of the two non-U.S. tax audits and a return to provision adjustment for an entity in Switzerland.