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CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
shares in Thousands, $ in Millions
Total
Common stock
Additional paid-in capital
Retained earnings
Accumulated other comprehensive loss
Treasury stock
Beginning balance (in shares) at Dec. 31, 2021   105,500        
Beginning balance at Dec. 31, 2021 $ 11,563.8 $ 1.1 $ 2,307.8 $ 9,455.6 $ (183.1) $ (17.6)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 4,544.7     4,544.7    
Stock option exercises (in shares)   500        
Stock option exercises 110.0   110.0      
Cash settlement of share-based awards in connection with disposition of discontinued operations (11.1)   (11.1)      
Treasury stock sold 14.3   13.9     0.4
Currency translation adjustments, including tax provision (benefit) (3.9) [1]       (3.9)  
Stock-based compensation 131.4   131.4      
Restricted stock activity (in shares)   100        
Restricted stock activity (41.8)   (41.8)      
Dividends declared (269.6)     (269.6)    
Ending balance (in shares) at Dec. 31, 2022   106,100        
Ending balance at Dec. 31, 2022 16,037.8 $ 1.1 2,510.2 13,730.7 (187.0) (17.2)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings $ 1,384.2     1,384.2    
Stock option exercises (in shares) 593 600        
Stock option exercises $ 146.5   146.5      
Treasury stock sold 15.5   15.1     0.4
Currency translation adjustments, including tax provision (benefit) 64.2 [1]       64.2  
Stock-based compensation 126.5   126.5      
Restricted stock activity (in shares)   200        
Restricted stock activity (31.3)   (31.3)      
Dividends declared $ (298.6)     (298.6)    
Ending balance (in shares) at Dec. 31, 2023 106,900 106,900        
Ending balance at Dec. 31, 2023 $ 17,444.8 $ 1.1 2,767.0 14,816.3 (122.8) (16.8)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings $ 1,549.3     1,549.3    
Stock option exercises (in shares) 422 400        
Stock option exercises $ 125.7   125.7      
Treasury stock sold 18.5   18.2     0.3
Currency translation adjustments, including tax provision (benefit) (43.7) [1]       (43.7)  
Stock-based compensation 146.7   146.7      
Restricted stock activity (43.0)   (43.0)      
Dividends declared $ (330.7)     (330.7)    
Ending balance (in shares) at Dec. 31, 2024 107,300 107,300        
Ending balance at Dec. 31, 2024 $ 18,867.6 $ 1.1 $ 3,014.6 $ 16,034.9 $ (166.5) $ (16.5)
[1] In connection with the divestiture of a majority stake in Indicor, we reclassified $142.6 of foreign currency translation adjustments to “Gain on disposition of discontinued operations, net of tax” during the year ended December 31, 2022.