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Share-Based Compensation Plans (Tables) | 12 Months Ended
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Dec. 31, 2023
Share-Based Payment Arrangement [Abstract] |
Schedule of the Allocation of Performance Shares Between Total Shareholder Return, Earnings per Share, and Return on Invested Capital | The allocation of performance shares granted between total shareholder return, earnings per share and return on invested capital were as follows for the years ended December 31:
| 2023 |  | 2022 |  | 2021
Total shareholder return | 45 | % |  | 45 | % |  | 45 | %
Earnings per share | 36 | % |  | 36 | % |  | 36 | %
Return on invested capital | 18 | % |  | 18 | % |  | 18 | %
Schedule of Disclosure of Share-based Compensation Arrangements by Share-based Payment Award | A summary of the status of the Company’s non-vested share units and performance shares as of December 31, 2023 and the changes during the year then ended, are presented below:
| Time-based awards |  | Performance-based awards
| Share units |  | Weighted- average grant date fair value |  | Performance shares |  | Weighted- average grant date fair value
Non-vested as of January 1, 2023 | 570,803 |  | $ | 22.29 |  |  | 767,592 |  | $ | 24.03 |
Granted | 253,630 |  | $ | 18.48 |  |  | 261,202 |  | $ | 17.08 |
Vested | (264,566) |  | $ | 20.88 |  |  | (6,289) |  | $ | 29.27 |
Forfeited or cancelled | (149,151) |  | $ | 23.65 |  |  | (603,556) |  | $ | 22.45 |
Non-vested as of December 31, 2023 | 410,716 |  | $ | 20.35 |  |  | 418,949 |  | $ | 21.89 |
A summary of the status of the Company’s non-vested share units and performance shares as of December 31, 2022 and the changes during the year then ended, are presented below:
| Time-based awards |  | Performance-based awards
| Share units |  | Weighted- average grant date fair value |  | Performance shares |  | Weighted- average grant date fair value
Non-vested as of January 1, 2022 | 450,331 |  | $ | 26.55 |  |  | 578,985 |  | $ | 28.42 |
Granted | 335,044 |  | $ | 18.71 |  |  | 361,982 |  | $ | 20.64 |
Vested | (168,222) |  | $ | 27.12 |  |  | (2,317) |  | $ | 22.70 |
Forfeited or cancelled | (46,350) |  | $ | 20.17 |  |  | (171,058) |  | $ | 31.75 |
Non-vested as of December 31, 2022 | 570,803 |  | $ | 22.29 |  |  | 767,592 |  | $ | 24.03 |

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