Shareholders' Equity |
6 Months Ended |
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Jun. 30, 2024 | |
| Stockholders' Equity Note [Abstract] | |
| Shareholders’ equity | Shareholders’ equity In the six months ended June 30, 2024, we declared cash dividends totaling $84.7 million and repurchased 5.1 million shares under our repurchase authorization for $560.0 million. In the six months ended June 30, 2023, we declared cash dividends totaling $71.8 million and repurchased 6.4 million shares under our repurchase authorization for $400.0 million. On January 30, 2024, the Board of Directors increased our share repurchase authorization by $1.5 billion. At June 30, 2024, we had remaining authorization to repurchase $1.3 billion of common shares. Under our share-based compensation plans, we accept shares as payment under certain conditions related to the vesting of shares, generally related to the payment of minimum tax obligations. In the six months ended June 30, 2024 and 2023, participants surrendered shares valued at $17.6 million and $10.4 million, respectively, under these plans. Such share transactions are excluded from the above noted share repurchase authorization.
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