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Common Stock Repurchase Programs (Tables) | 12 Months Ended
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Dec. 31, 2022
Equity [Abstract] |
Accelerated Stock Repurchases | The following table summarizes the information regarding repurchases of our common stock under ASRs:
Agreement Date |  | Repurchase Program |  | Amount Paid (in millions) |  |  |  |  |  |  |  | Completion Date |  | Total Shares Received |  | Average Price per Share
Q2 2021 |  | May 2018 |  | $ | 100.0 |  |  |  |  |  |  |  |  | Q3 2021 |  | 171,322 |  |  | $ | 583.70 |
Q2 2021 |  | May 2021 |  | $ | 100.0 |  |  |  |  |  |  |  |  | Q3 2021 |  | 161,707 |  |  | $ | 618.40 |
Q3 2021 |  | May 2021 |  | $ | 75.0 |  |  |  |  |  |  |  |  | Q3 2021 |  | 109,239 |  |  | $ | 686.91 |
Q4 2021 |  | May 2021 |  | $ | 100.0 |  |  |  |  |  |  |  |  | Q4 2021 |  | 150,031 |  |  | $ | 666.53 |
Q2 2022 |  | May 2021 |  | $ | 200.0 |  |  |  |  |  |  |  |  | Q2 2022 |  | 756,502 |  |  | $ | 264.37 |
Q4 2022 |  | May 2021 |  | $ | 200.0 |  |  |  |  |  |  |  |  | N/A 1 |  | 848,266 |  |  | $ | 188.62 |
1 As of December 31, 2022, the contract was open and we recorded the remaining equity forward contract at a fair value of $40.0 million which was included within “Additional paid-in capital” in stockholders' equity in our Consolidated Balance Sheet. Subsequent to the fourth quarter, the ASR was completed and 0.1 million additional shares were received at an average price per share of $293.15.

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- Definition Tabular disclosure of accelerated share repurchase (ASR) programs. An ASR is a combination of transactions that permits an entity to purchase a targeted number of shares immediately with the final purchase price of those shares determined by an average market price over a fixed period of time. An accelerated share repurchase program is intended to combine the immediate share retirement benefits of a tender offer with the market impact and pricing benefits of a disciplined daily open market stock repurchase program. ASRs can be disclosed as part of stockholders' equity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 25 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=6405686&loc=d3e22802-112653 + Details
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- References No definition available. + Details
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