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Share-Based Compensation (Tables) | 3 Months Ended
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Mar. 31, 2024
Equity [Abstract] |
Schedule of Stock Options Valuation Assumptions | During the three months ended March 31, 2024 and 2023, we used the assumptions in the table below to compute the value:
| Three Months Ended March 31,
Assumptions: | 2024 |  | 2023
Risk-free interest rate | 4.14% |  | 3.47%
Expected life in years | 6.0 |  | 6.1
Expected volatility | 24% |  | 24%
Expected dividend yield | 1.33% |  | 1.56%
Estimated weighted-average fair value of options granted per share | $37.56 |  | $27.39

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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
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