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SHAREHOLDERS' EQUITY
 3 Months Ended
Mar. 31, 2024
Equity [Abstract]  
SHAREHOLDERS' EQUITY SHAREHOLDERS' EQUITY
The following table presents changes in common shares issued and outstanding:
  Three months ended March 31,
  20242023
Shares issued, balance at beginning of period176,580 176,580 
Shares issued— — 
Total shares issued at end of period176,580 176,580 
Treasury shares, balance at beginning of period(91,294)(91,912)
Shares repurchased(1,281)(262)
Shares reissued 682 777 
Total treasury shares at end of period(91,893)(91,397)
Total shares outstanding84,687 85,183 
Treasury Shares
The following table presents common shares repurchased from shares held in Treasury:
  Three months ended March 31,
  20242023
In the open market:(1)
Total shares1,048 — 
Total cost$61,607 $— 
Average price per share(2)
$58.79 $— 
From employees:(3)
Total shares233 262 
Total cost$14,121 $15,945 
Average price per share(2)
$60.70 $60.82 
Total shares repurchased:
Total shares1,281 262 
Total cost$75,728 $15,945 
Average price per share(2)
$59.13 $60.82 
(1) Shares are repurchased pursuant to the Company's Board-authorized share repurchase program announced in December 2023, effective January 1, 2024 through
to December 31, 2024.
(2) Calculated using whole numbers.
(3)  Shares are repurchased from employees to satisfy personal withholding tax liabilities that arise on the vesting of share-settled restricted stock units.

Dividends
The following table presents dividends declared and paid related to the Company's common and preferred shares:
Per share data
Dividends declaredDividends paid in period of declarationDividends paid in period following declaration
Three months ended March 31, 2024
   Common shares$0.44 $— $0.44 
   Series E preferred shares$34.38 $— $34.38 
Three months ended March 31, 2023
   Common shares$0.44 $— $0.44 
   Series E preferred shares$34.38 $— $34.38