Income Taxes

9 Months Ended

Sep. 30, 2019

Income Tax Disclosure [Abstract]

Income Taxes

Income Taxes

The effective tax rates on net income from continuing operations were 19.6% and 16.6% for the three and nine months ended September 30, 2019, respectively. The effective tax rates on net income from continuing operations were 20.1% and 1.1% for the three and nine months ended September 30, 2018, respectively.

For the three months ended September 30, 2019, the tax rate was primarily driven by the geographical distribution of income, including restructuring charges, and certain discrete items.

For the three months ended September 30, 2018, the tax rate was primarily driven by the geographical distribution of income and certain discrete items including return to accrual adjustments and changes in the assertion for unremitted earnings.

For the nine months ended September 30, 2019, the tax rate was primarily driven by the geographical distribution of income, including restructuring charges, as well as certain favorable discrete items, primarily the impact of shared-based payments and changes in the assertion for unremitted earnings.

For the nine months ended September 30, 2018, the tax rate was primarily driven by the geographical distribution of income including restructuring charges, legacy litigation, and the impairment charge related to certain assets and liabilities previously classified as held for sale. The tax rate was also impacted by certain discrete items including the net tax benefit associated with the sale of certain assets and liabilities previously classified as held for sale, the impact of share-based payments, and changes in the assertion for unremitted earnings.