XML 130 R113.htm IDEA: XBRL DOCUMENT v3.22.4
Income Taxes - Effective Income Tax Reconciliation (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Effective Income Tax Rate Reconciliation, Amount      
Federal statutory tax rate $ 56.6 $ 34.2 $ 49.4
State and local income taxes, net of federal benefit 5.6 2.4 5.1
Foreign income tax rate differential 2.2 2.2 1.5
Changes in valuation allowance 0.1 0.8 (1.9)
Deferred adjustments 0.1 0.3 (1.4)
Legislative tax rate change 0.8 13.9 5.3
Excess share-based compensation (0.1) (0.3) 0.4
Federal and state tax credits (4.8) (4.9) (4.0)
Effective Income Tax Rate Reconciliation, Tax On Dividends, Deemed Dividends And GILTI 2.7 0.1 0.1
Foreign derived intangible income (6.2) (5.1) (3.1)
Officers compensation 0.6 0.3 0.5
Other 0.4 0.8 1.8
Provision (benefit) for income taxes $ 58.0 $ 44.7 $ 53.7
Effective tax rate 21.50% 27.50% 22.80%