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Share Repurchase Program and Treasury Stock
 9 Months Ended
Sep. 30, 2025
Equity [Abstract]  
SHARE REPURCHASE PROGRAM AND TREASURY STOCK SHARE REPURCHASE PROGRAM AND TREASURY STOCK
In November 2025, the Company's Board of Directors authorized an additional $2.75 billion to be added to its share repurchase program, which had $1.1 billion of remaining availability as of September 30, 2025. The share repurchases are expected to be funded from cash generated from operating activities, borrowings, and cash balances. Repurchases will be made through open market transactions, and the amount and timing of purchases will depend on business and market conditions, the stock price, trading restrictions, the level of acquisition activity, and other factors.
The Company has purchased 32.9 million shares at an average price per share of $317.56 since the inception of the program in 2004 through September 30, 2025. During the nine months ended September 30, 2025 and 2024, the Company spent $656.2 million and $637.5 million on the repurchase of 542,416 shares and 482,413 shares at an average price per share of $1,209.84 and $1,321.46, respectively. The Company also reissued 21,400 shares and 58,909 shares held in treasury upon the exercise of stock options and vesting of restricted stock units during the nine months ended September 30, 2025 and 2024, respectively.