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EQUITY
6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
EQUITY EQUITY
Repurchases of Common Stock
Repurchases of our common stock occurred under a repurchase authorization granted by our Board and related to
shares withheld as part of the vesting of RSUs.
On March 4, 2025, our Board approved an additional $350 million repurchase authorization of our common stock.
This authorization is in addition to the amount previously authorized by the Board for repurchase. Share
repurchases under our authorization were as follows:
 
Repurchases Occurring in 2025
Cumulative Repurchases as of
June 30, 2025
 
Shares
Average Price1
Shares
Average Price
Share Repurchase Authorization
790,775
$316.44
9,067,788
$201.95
1Price excludes excise taxes imposed under the Inflation Reduction Act of $1.4 million for the six months ended June 30,
2025.
As of June 30, 2025, we had $568.8 million available for repurchases pursuant to our share repurchase
authorizations from our Board in 2025 and prior years.
In addition, during 2025, we repurchased 36,466 shares at an average price of $357.26 per share, for a total of
$13.0 million, related to tax withholding associated with the vesting of RSUs. The repurchase of shares related to
tax withholding associated with stock awards does not reduce the number of shares available for repurchase as
approved by our Board.