INCOME TAXES (Tables)

9 Months Ended

Sep. 30, 2023

Income Tax Disclosure [Abstract]

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the provision for income taxes using the statutory federal income tax rate to our effective income tax rate is as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Federal statutory rate	21.0	%	21.0	%	21.0	%	21.0	%
State income taxes, net of federal benefit	2.9		2.4		2.5		1.9
Share based payment awards	(0.7)		(1.6)		(2.5)		(1.1)
Foreign tax credits	(9.0)		0.2		(4.8)		(0.8)
Other U.S. tax credits and incentives	(6.1)		(6.2)		(4.5)		(2.3)
Foreign	8.4		2.8		2.1		0.3
Basis difference - South American restructuring program	(5.9)		—		(1.6)		—
Other	1.1		(1.7)		1.3		0.2
Effective income tax rate	11.7	%	16.9	%	13.5	%	19.2	%