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Shareholders' Equity | 3 Months Ended
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Mar. 31, 2025
Equity [Abstract] |
Shareholders' Equity | Note 9. Shareholders' Equity Dividends In February 2025, we declared a cash dividend on our common stock of $0.75 per share, which was paid in April 2025. During the first quarter of 2025, we also paid a cash dividend on common stock of $0.55 per share, which was declared during the fourth quarter of 2024. Common Stock Repurchase Program In February 2025, our board of directors authorized a 12-month common stock repurchase program for up to $1.0 billion. The timing and number of shares to be repurchased will depend on a variety of factors including price and market conditions. Repurchases under the program may be made at management's discretion from time to time on the open market or through privately negotiated transactions. During the quarter ended March 31, 2025 we repurchased 1.0 million shares of our common stock under this program, for a total of $241 million in open market transactions that were recorded within Treasury stock in our consolidated balance sheets. As of March 31, 2025, we have $759 million that remains available for future stock repurchase transactions under our Board authorized program.

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