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CHANGES IN COMMON STOCK
 9 Months Ended
Sep. 30, 2023
Equity [Abstract]  
CHANGES IN COMMON STOCK
CHANGES IN COMMON STOCK

In the first nine months of 2023, we repurchased 3.6 million shares of common stock for $85.1 million under our securities repurchase program (including $0.8 million of repurchases settled in the fourth quarter of 2023). In May 2023, the Company's Board of Directors approved an additional $500.0 million to repurchase the Company's outstanding shares of common stock. The Company had remaining repurchase authority of $601.8 million as of September 30, 2023.

In the first nine months of 2023, we issued 1.4 million shares of common stock, net of shares withheld to pay tax withholdings, pursuant to employee benefit plans.

In the first nine months of 2023, dividends declared on common stock totaled $51.0 million ($0.44 per common share). In May 2023, the Company increased its quarterly common stock dividend to $0.15 per share from $0.14 per share.