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Shareholders' Equity
12 Months Ended
Dec. 31, 2024
Stockholders' Equity Note [Abstract]  
Shareholders' equity Shareholders’ equity
We declared quarterly cash dividends totaling $171.4 million, $149.8 million, and $143.1 million in 2024, 2023, and 2022, respectively. Under a share repurchase program authorized by our Board of Directors, we repurchased 10.1 million, 13.8 million, and 24.2 million shares in 2024, 2023, and 2022, respectively, for a total of $1.2 billion, $1.0 billion, and $1.1 billion in 2024, 2023, and 2022, respectively. On January 29, 2024, the Board of Directors increased our share repurchase authorization by $1.5 billion. At December 31, 2024, we had remaining authorization to repurchase $682.9 million of common shares. On January 29, 2025, the Board of Directors increased our share repurchase authorization by an additional $1.5 billion.

Under our stock compensation plans, we accept shares as payment under certain conditions related to vesting of restricted shares and share units, generally related to the payment of tax obligations. During 2024, 2023, and 2022, employees surrendered shares valued at $18.6 million, $12.0 million, and $14.3 million, respectively, under these plans. Such share transactions are excluded from the above noted share repurchase authorization.