v3.26.1
Income Taxes (Tables)
6 Months Ended
Jun. 30, 2026
Income Tax Disclosure [Abstract]  
Schedule of Income Taxes

 

 

Six months ended
June 30,

 

 

2026

 

 

 

2025

 

 

Income before income taxes

 

$

981

 

 

 

$

829

 

 

Estimated annualized effective tax rate

 

 

13.6

 

%

 

 

15.5

 

%

Income tax expense

 

$

133

 

 

 

$

128

 

 

Unfavorable (favorable) tax impact related to losses in jurisdictions with no tax benefit

 

 

6

 

 

 

 

(4

)

 

Discrete tax expense

 

 

16

 

 

 

 

6

 

 

Provision for income taxes

 

$

155

 

 

 

$

130