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Stock-Based Compensation Plans (Tables)

3 Months Ended

Mar. 31, 2026

Share-Based Payment Arrangement [Abstract]

Schedule of Stock Option Awards

A summary of the Company’s stock option activity for the three month period ended March 31, 2026 is presented in the following table (underlying shares in thousands).

			Shares						Weighted-Average Exercise Price (per share)
Stock options outstanding as of December 31, 2025			4,314						$	49.83
Granted			604						93.94
Exercised or settled			(729)						21.88
Forfeited			(21)						82.13
Expired			(2)						81.78
Stock options outstanding as of March 31, 2026			4,166						60.94
Vested as of March 31, 2026			2,493						44.80

Schedule of Fair Value Assumptions

The following assumptions were used to estimate the fair value of options granted during the three month periods ended March 31, 2026 and 2025 using the Black-Scholes option-pricing model.

			For the Three Month Period Ended March 31,
Assumptions			2026						2025
Expected life of options (in years)			6.3						6.3 - 7.5
Risk-free interest rate			3.7%						4.1% - 4.2%
Assumed volatility			34.0%						34.2% - 34.3%
Expected dividend rate			0.1		%				0.1		%

The following assumptions were used to estimate the fair value of performance stock units granted during the three month periods ended March 31, 2026 and 2025 using the Monte Carlo simulation pricing model.

			For the Three Month Period Ended March 31,
Assumptions			2026						2025
Expected term (in years)			2.9						2.8
Risk-free interest rate			3.4%						4.0%
Assumed volatility			28.9%						28.6%
Expected dividend rate			0.1		%				0.1		%

Schedule of Restricted Stock Unit Activity

A summary of the Company’s restricted stock unit activity for the three month period ended March 31, 2026 is presented in the following table (underlying shares in thousands).

			Shares						Weighted-Average Grant-Date Fair Value
Non-vested as of December 31, 2025			892						$	80.55
Granted			299						93.94
Vested			(268)						75.54
Forfeited			(23)						84.48
Non-vested as of March 31, 2026			900						86.39

Schedule of Performance Stock Unit Activity

A summary of the Company’s performance stock unit activity for the three month period ended March 31, 2026 is presented in the following table (underlying shares in thousands).

			Shares						Weighted-Average Grant-Date Fair Value
Non-vested as of December 31, 2025			1,347						$	54.67
Granted			182						114.87
Change in units based on performance			8						75.52
Vested			(129)						75.52
Non-vested as of March 31, 2026			1,408						60.67

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Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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Tabular disclosure of number and weighted-average grant date fair value for nonvested performance shares.

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