XML 21 R10.htm IDEA: XBRL DOCUMENT v3.25.2
Shareholders' Equity
 6 Months Ended
Jun. 30, 2025
Stockholders' Equity Note [Abstract]  
Shareholders’ equity Shareholders’ equity
In the six months ended June 30, 2025, we declared cash dividends totaling $88.7 million and repurchased 5.8 million shares under our share repurchase authorization for $600.0 million. In the six months ended June 30, 2024, we declared cash dividends totaling $84.7 million and repurchased 5.1 million shares under our share repurchase authorization for $560.0 million. On January 29, 2025, the Board of Directors increased our share repurchase authorization by $1.5 billion. At June 30, 2025, we had remaining authorization to repurchase $1.6 billion of common shares.

Under our share-based compensation plans, we accept shares as payment under certain conditions related to the vesting of shares, generally related to the payment of minimum tax obligations. In the six months ended June 30, 2025 and 2024, participants surrendered shares valued at $23.8 million and $17.6 million, respectively, under these plans. Such share transactions are excluded from the above noted share repurchase authorization.