XML 113 R88.htm IDEA: XBRL DOCUMENT v3.24.0.1
Income Taxes - Computed Amount and Differences in Provision for Income Taxes (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Tax Disclosure [Abstract]      
Pretax income $ 760.3 $ 749.4 $ 579.8
Computed amount at statutory rate of 21% 159.7 157.4 121.8
State and local income tax (net of federal tax benefit) 12.6 11.4 8.0
Taxes on non-U.S. earnings-net of foreign tax credits 10.8 12.4 9.2
Global Intangible Low-Taxed Income 0.0 2.0 0.4
Effective Income Tax Rate Reconciliation, FDII, Amount (11.3) (11.9) (7.5)
Share-based payments (2.0) (2.6) (3.5)
Other (5.1) (6.0) 2.1
Total provision for income taxes $ 164.7 $ 162.7 $ 130.5
Computed amount at statutory rate of 21% 21.00% 21.00% 21.00%
State and local income tax (net of federal tax benefit) 1.70% 1.50% 1.40%
Taxes on non-U.S. earnings-net of foreign tax credits 1.40% 1.70% 1.60%
Global Intangible Low-Taxed Income 0.00% 0.30% 0.10%
Foreign-Derived Intangible Income Deduction (1.50%) (1.60%) (1.30%)
Share-based payments (0.30%) (0.40%) (0.60%)
Other (0.60%) (0.80%) 0.30%
Total provision for income taxes 21.70% 21.70% 22.50%