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Shareholders' Equity (Tables) | 9 Months Ended
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Sep. 30, 2023
Shareholders' Equity [Abstract] |
Summary of Share Repurchases | The following is a summary of the Company’s share repurchases:
|  | For the three months |  | For the nine months
|  | ended September 30, |  | ended September 30,
|  | 2023 |  | 2022 |  | 2023 |  | 2022
Total number of shares purchased (in millions) (1) |  |  | 0.4 |  |  | — |  |  | 0.4 |  |  | 1.3
Average price per share (1) |  | $ | 197.75 |  | $ | — |  | $ | 197.75 |  | $ | 332.00
Total purchase price (in millions) (1) |  | $ | 87.3 |  | $ | — |  | $ | 87.3 |  | $ | 431.6
Subsequent to September 30, 2023, the Company made the following share repurchases:
Total number of shares purchased (in millions) (1) |  |  |  |  |  |  |  |  |  |  |  | 0.1
Average price per share (1) |  |  |  |  |  |  |  |  |  |  | $ | 198.84
Total purchase price (in millions) (1) |  |  |  |  |  |  |  |  |  |  | $ | 12.7
(1)Amounts reflected are based on the trade date and differ from the Consolidated Statements of Cash Flows which reflects share repurchases based on the settlement date.
Schedule of Dividends Paid and Dividends Declared | For the nine months ended September 30, 2023, the Company paid the following cash dividends:
|  | Payable to Shareholders |  |  |  |  |  |
|  | of Record at the Close |  | Cash Paid |  | Aggregate Amount |  |
Date Declared |  | of Business on |  | Per Share |  | Paid |  | Date Paid
February 20, 2023 |  | March 10, 2023 |  | $0.85 |  | $93.9 million |  | March 24, 2023
April 30, 2023 |  | May 26, 2023 |  | $0.85 |  | $92.1 million |  | June 21, 2023
July 30, 2023 |  | August 24, 2023 |  | $0.85 |  | $92.1 million |  | September 20, 2023
Dividends paid in 2023 were ordinary taxable dividends. Subsequent to September 30, 2023, the Company declared the following cash dividends:
|  | Payable to Shareholders |  | Cash to |  |
|  | of Record at the Close |  | be Paid |  |
Date Declared |  | of Business on |  | Per Share |  | Date to be Paid
November 1, 2023 |  | November 16, 2023 |  | $0.85 |  | December 14, 2023

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