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Award Timing Disclosure
 12 Months Ended
Dec. 31, 2024
Apr. 30, 2024
USD ($)
$ / shares
Award Timing Disclosures [Line Items]    
Award Timing MNPI Disclosure
Equity Award Granting Policy
We do not grant stock options in anticipation of, or immediately following, the release of material nonpublic information that is likely to result in changes to the price of our common stock, such as a significant positive or negative earnings announcement, nor do we time the public release of such information based on stock option grant dates. For
additional
information about our grant policy, see page 55 of this proxy statement under
Current LTI Grant Practices
.
While we do not grant stock options in anticipation of, or immediately following, the release of material nonpublic information about our Company, the SEC has adopted Item 402(x) of Regulation
S-K,
which requires companies to disclose certain information in the event stock options were granted within four business days before or one business day after the filing of a
10-Q
or
10-K,
or the filing or furnishing of an
8-K
that discloses material nonpublic information. As disclosed in the Grants of Plan-Based Awards table on page 70, and consistent with prior practice as described earlier, we granted stock options to our NEOs on April 30, 2024, which grant was three business days following our
8-K
disclosure of Q1 2024 earnings. We subsequently filed our Q1 2024
10-Q
on May 3, 2024, and as such, the following tabular disclosure of our 2024 stock options grants is required by Item 402(x).
 
Named Executive Officer
   Grant Date     Number of
Securities
Underlying the
Award
(1)
     Exercise
Price of the
Award
(1)
     Grant Date
Fair Value of
the Award
(1)
     Percentage change in the closing market price of the
securities underlying the award between the trading
day ending immediately prior to the disclosure of
material nonpublic information and the trading day
beginning immediately following the disclosure of
material nonpublic information
(2)
  
Davis
     4/30/2024       181,641       $129.22       $4,650,010       N/A  
Litchfield
     4/30/2024       49,805       129.22       1,275,008       N/A  
DeLuca
     4/30/2024       37,500       129.22       960,000       N/A  
Larson
     4/30/2024       89,649       129.22       2,295,014       N/A  
Li
     4/30/2024       65,625       129.22       1,680,000       N/A  
 
(1)
See the
Grants of Plan-Based Awards
on page 70.
(2)
While no material nonpublic information was disclosed in our
10-Q,
filed on May 3, 2024, the percentage change in the closing market price of our Company common stock between Thursday, May 2, 2024 and Monday, May 6, 2024 was
-0.54%.
  
MNPI Disclosure Timed for Compensation Value false  
Davis [Member]    
Awards Close in Time to MNPI Disclosures    
Name   Davis
Underlying Securities   181,641
Exercise Price | $ / shares   $ 129.22
Fair Value as of Grant Date   $ 4,650,010
Litchfield [Member]    
Awards Close in Time to MNPI Disclosures    
Name   Litchfield
Underlying Securities   49,805
Exercise Price | $ / shares   $ 129.22
Fair Value as of Grant Date   $ 1,275,008
DeLuca [Member]    
Awards Close in Time to MNPI Disclosures    
Name   DeLuca
Underlying Securities   37,500
Exercise Price | $ / shares   $ 129.22
Fair Value as of Grant Date   $ 960,000
Larson [Member]    
Awards Close in Time to MNPI Disclosures    
Name   Larson
Underlying Securities   89,649
Exercise Price | $ / shares   $ 129.22
Fair Value as of Grant Date   $ 2,295,014
Li [Member]    
Awards Close in Time to MNPI Disclosures    
Name   Li
Underlying Securities   65,625
Exercise Price | $ / shares   $ 129.22
Fair Value as of Grant Date   $ 1,680,000