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Share-Based Compensation Plans (Tables)
12 Months Ended
Dec. 31, 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:

 

 

Year ended December 31,

 

 

2023

 

 

2022

 

 

2021

 

 

(in millions)

 

Expense:

 

 

 

 

 

 

 

 

 

RSUs

 

$

38.4

 

 

$

57.9

 

 

$

47.7

 

PRSUs

 

 

4.5

 

 

 

2.8

 

 

 

 

Employee stock purchase plan

 

 

6.2

 

 

 

6.6

 

 

 

5.9

 

 

$

49.1

 

 

$

67.3

 

 

$

53.6

 

Summary of RSU and PSRU Activity

The following table summarizes RSU and PRSU activity for the year ended December 31, 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

 

 

0.8

 

 

 

63.73

 

Vested during 2023

 

 

(0.7

)

 

 

62.30

 

Unvested at December 31, 2023

 

 

1.0

 

 

$

64.19