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Income Taxes
6 Months Ended
May 31, 2022
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
The provision for income taxes and effective tax rate were as follows:
Three Months EndedSix Months Ended
May 31,May 31,
(Dollars in thousands)2022202120222021
Provision for income taxes$432,276 260,113 599,696 570,218 
Effective tax rate (1)24.7 %23.8 %24.7 %23.7 %
(1)For both the three and six months ended May 31, 2022 and 2021, the effective tax rate included state income tax expense and non-deductible executive compensation, partially offset by energy efficient home and solar tax credits.