XML 30 R19.htm IDEA: XBRL DOCUMENT v3.26.1
SHAREHOLDERS' EQUITY
 3 Months Ended
Mar. 31, 2026
Equity [Abstract]  
SHAREHOLDERS' EQUITY SHAREHOLDERS’ EQUITY
Dividends
The following table summarizes the dividends declared and paid on common stock:
20262025
Cash
Dividend
Per Share		Total
Dividends
(in millions)		Cash
Dividend
Per Share		Total
Dividends
(in millions)
First Quarter$0.80 $197.1 $0.79 $200.4 
Treasury Stock
The Company acquires its common stock for general corporate purposes through its publicly announced share repurchase program. As of March 31, 2026, the Company had remaining authorization from its Board of Directors to purchase 28.0 million shares of its common stock. The table below summarizes the Company’s share repurchase activity:
Three Months Ended
March 31,
20262025
Treasury stock purchases (in millions)$575.6 $351.7 
Treasury stock purchases (in shares)1,600,000 1,000,000 
Average price per share$359.72 $351.68 
Other Capital
During the three months ended March 31, 2026, 317,573 stock options were exercised at a weighted average exercise price per share of $151.45. In addition, 345,759 restricted stock units vested during the same period.