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Subsequent Events
6 Months Ended
Jun. 30, 2025
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS SUBSEQUENT EVENTS
One Big Beautiful Bill Act

On July 4, 2025, H.R. 1, An Act to Provide for Reconciliation Pursuant to Title II of House Concurrent Resolution 14 (the “Act”), commonly referred to as the One Big Beautiful Bill Act, was enacted. The Act makes permanent certain elements of the Tax Cuts and Jobs Act, including immediate expensing of U.S. research and development expenditures, immediate expensing of certain eligible assets, and various modifications to the international tax framework. We are evaluating the impact of the Act on our consolidated financial statements, but our preliminary analysis indicates that our cash tax payments for 2025 could be reduced by approximately $100 million to $150 million and our GAAP effective tax rate for 2025 could increase by approximately 1 point as a result of the provisions of the Act.
Share Repurchase Program

Subsequent to June 30, 2025 through the filing of this Quarterly Report on Form 10-Q, we repurchased 1.0 million shares of our common stock at an average price of $72.29 per share, for an aggregate purchase price of $71.2 million, under the Repurchase Program. As of the filing of this Quarterly Report on Form 10-Q, approximately $1.56 billion remained available for future share repurchases through February 28, 2026 under the Repurchase Program.