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Stockholders' Equity
3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Stockholders' Equity Stockholders' Equity
a. Share Repurchase Programs
In January 2023, the Company's board of directors authorized a share repurchase program for up to $3.0 billion of the Company's Common Stock. In each of April 2024 and February 2025, the Company's board of directors authorized share repurchase programs for up to an additional $3.0 billion (up to $6.0 billion in the aggregate). The programs have no time limit and can be discontinued at any time.
The table below summarizes the shares of the Company's Common Stock that the Company repurchased and the cost of such shares, which were recorded as Treasury Stock.
Three Months Ended
March 31,
(In millions)2025
2024
Number of shares 1.5 0.3 
Total cost of shares$1,052.4 $298.0 
As of March 31, 2025, an aggregate of $3.874 billion remained available for share repurchases under the programs.
b. Dividends
In February 2025, the Company's board of directors declared the Company's first quarterly cash dividend. In March 2025, the Company paid a dividend of $0.88 per share on its Common Stock and Class A Stock to its shareholders.
Additionally, in April 2025, the Company's board of directors declared a cash dividend of $0.88 per share on its Common Stock and Class A Stock. The dividend will be payable to shareholders in June 2025.