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Equity (Tables) | 12 Months Ended
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Dec. 31, 2023
Equity [Abstract] |
Schedule of Stock Repurchased and Retired | Share repurchases under our authorization were as follows:
|  | Repurchases Occurring in 2023 |  | Cumulative Repurchases as of December 31, 2023
|  | Shares |  | Average Price |  | Shares |  | Average Price
Share repurchase authorization |  | 142,729 |  |  | $ | 240.81 |  |  | 7,047,510 |  |  | $ | 174.96 |
The following is a summary of our repurchases in the years ended December 31, 2023, 2022 and 2021:
|  | Year Ended December 31,
|  | 2023 |  | 2022 |  | 2021
Shares repurchased pursuant to repurchase authorizations |  | 142,729 |  |  | 2,428,850 |  |  | 756,883 |
Total purchase price ($ in millions) |  | $ | 34.4 |  |  | $ | 671.4 |  |  | $ | 214.8 |
Average purchase price per share |  | $ | 240.81 |  |  | $ | 276.42 |  |  | $ | 283.75 |
Shares repurchased in association with tax withholdings on the vesting of RSUs |  | 70,692 |  |  | 56,911 |  |  | 54,318 |
Schedule of Dividends Declared | We declared and paid dividends on our common stock as follows:
Quarter declared |  | Dividend amount per share |  | Total amount of dividends paid ($ in millions)
2021 |  |  |  |
First quarter |  | $ | 0.31 |  |  | $ | 8.2 |
Second quarter |  | 0.35 |  |  | 9.3 |
Third quarter |  | 0.35 |  |  | 10.6 |
Fourth quarter |  | 0.35 |  |  | 10.6 |
2022 |  |  |  |
First quarter |  | $ | 0.35 |  |  | $ | 10.3 |
Second quarter |  | 0.42 |  |  | 11.9 |
Third quarter |  | 0.42 |  |  | 11.6 |
Fourth quarter |  | 0.42 |  |  | 11.4 |
2023 |  |  |  |
First quarter |  | $ | 0.42 |  |  | $ | 11.5 |
Second quarter |  | 0.50 |  |  | 13.8 |
Third quarter |  | 0.50 |  |  | 13.8 |
Fourth quarter |  | 0.50 |  |  | 13.7 |

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