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Share-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2023
Share-Based Payment Arrangement [Abstract]  
Costs Associated with Share-Based Compensation Plans

The following table summarizes the costs associated with the Company’s share-based compensation plans:

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

(in millions)

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Expense:

 

 

 

 

 

 

 

 

 

 

 

 

RSUs

 

$

6.8

 

 

$

6.6

 

 

$

25.8

 

 

$

45.7

 

PRSUs

 

 

0.7

 

 

 

0.5

 

 

 

2.5

 

 

 

2.5

 

Employee stock purchase plan

 

 

1.5

 

 

 

1.6

 

 

 

3.7

 

 

 

3.8

 

 

$

9.0

 

 

$

8.7

 

 

$

32.0

 

 

$

52.0

 

Summary of RSU Activity

The following table summarizes RSU and PRSU activity for the six months ended June 30, 2023:

 

(in millions, except weighted-average grant-date fair value)

 

Shares

 

 

Weighted-average
grant-date
fair value

 

Unvested at December 31, 2022

 

 

0.9

 

 

$

63.01

 

Granted during 2023

 

 

0.7

 

 

$

63.36

 

Vested during 2023

 

 

(0.6

)

 

$

62.44

 

Unvested at June 30, 2023

 

 

1.0

 

 

$

63.68