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Stockholders' Equity (Tables) | 6 Months Ended
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Jun. 30, 2025
Equity [Abstract] |
Schedule of quarterly cash dividends declared | The Company declared quarterly cash dividends on its Class A and Class B common stock as summarized below:
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2025 |  | 2024 |  | 2025 |  | 2024
|  | (in millions, except per share data)
Dividends declared per share |  | $ | 0.76 |  |  | $ | 0.66 |  |  | $ | 1.52 |  |  | $ | 1.32 |
Total dividends declared |  | $ | 687 |  |  | $ | 611 |  |  | $ | 1,379 |  |  | $ | 1,226 |
Schedule of Changes in Common Stock Outstanding | The following table presents the changes in the Company’s outstanding Class A and Class B common stock:
|  | Three Months Ended June 30,
|  | 2025 |  | 2024
|  | Class A |  | Class B |  | Class A |  | Class B
|  | (in millions)
Balance at beginning of period |  | 903.0 |  |  | 6.8 |  |  | 924.2 |  |  | 7.1 |
Purchases of treasury stock |  | (4.2) |  |  | — |  |  | (5.8) |  |  | — |
Share-based payments |  | 0.2 |  |  | — |  |  | 0.1 |  |  | — |
Conversion of Class B to Class A common stock |  | 0.1 |  |  | (0.1) |  |  | — |  |  | — |
Balance at end of period |  | 899.1 |  |  | 6.7 |  |  | 918.5 |  |  | 7.1 |
|  | Six Months Ended June 30,
|  | 2025 |  | 2024
|  | Class A |  | Class B |  | Class A |  | Class B
|  | (in millions)
Balance at beginning of period |  | 906.6 |  |  | 6.8 |  |  | 927.3 |  |  | 7.2 |
Purchases of treasury stock |  | (8.9) |  |  | — |  |  | (10.2) |  |  | — |
Share-based payments |  | 1.3 |  |  | — |  |  | 1.3 |  |  | — |
Conversion of Class B to Class A common stock |  | 0.1 |  |  | (0.1) |  |  | 0.1 |  |  | (0.1) |
Balance at end of period |  | 899.1 |  |  | 6.7 |  |  | 918.5 |  |  | 7.1 |
Schedule of share repurchases and authorizations | The following table summarizes the Company’s share repurchases of its Class A common stock:
|  | Six Months Ended June 30,
|  | 2025 |  | 2024
|  | (in millions, except per share data)
Dollar-value of shares repurchased |  | $ | 4,838 |  |  | $ | 4,631 |
Shares repurchased |  | 8.9 |  |  | 10.2 |
Average price paid per share |  | $ | 542.27 |  |  | $ | 454.92 |

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