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Weighted Average Shares Outstanding | 12 Months Ended
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Dec. 31, 2024
Earnings Per Share [Abstract] |
Weighted Average Shares Outstanding | Weighted Average Shares Outstanding The computations of the weighted average shares outstanding for the years ended December 31, are as follows (in millions):
| 2024 |  | 2023 |  | 2022
Basic weighted-average shares outstanding | 415.5 |  |  | 414.1 |  |  | 415.7 |
Dilutive securities (1) | — |  |  | — |  |  | 1.7 |
Diluted weighted-average shares outstanding | 415.5 |  |  | 414.1 |  |  | 417.4 |
(1)For 2024 and 2023, 3.4 million and 1.5 million, respectively, potentially dilutive share-based awards were excluded as their effect would be anti-dilutive. At December 31, 2024, 2023 and 2022, there were 0.7 million, 0.8 million and 0.1 million, respectively, potentially dilutive restricted stock awards with performance-based targets that were not met and as such, have been excluded from the computation of diluted earnings per share. For 2024, 2023 and 2022 dividends and equivalents for share-based awards expected to be forfeited did not have a material impact on net income for basic and diluted earnings per share. Share Repurchase Program On February 6, 2022, the Company’s Board of Directors authorized a $375 million Share Repurchase Program (“SRP”), which expired on December 31, 2022. Under the SRP, the Company was able to purchase its common shares in the open market, in negotiated transactions or in other manners, as permitted by federal securities laws and other legal requirements. On February 25, 2022, the Company repurchased $275 million of its shares of common stock beneficially owned by Carl C. Icahn and certain of his affiliates, at a purchase price of $25.86 per share, the closing price of the Company’s common shares on February 18, 2022. In April 2022, the Company repurchased approximately $50 million of its shares of common stock at an average purchase price of $22.01 per share. No further repurchases were made prior to the expiration of the SRP.

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