v3.25.0.1
Preferred and Common Stock (Tables)
 12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Schedule of Share Activity
Common Stock Outstanding and Share Activity (number of shares)
Balance at December 31, 2021
421,691,912 
Issued for stock-based compensation plans1,819,651 
Repurchase and retirement of common stock(11,356,506)
Balance at December 31, 2022
412,155,057 
Issued for stock-based compensation plans2,993,340 
Repurchase and retirement of common stock(5,233,936)
Balance at December 31, 2023
409,914,461 
Issued for stock-based compensation plans1,287,412 
Repurchase and retirement of common stock(5,770,512)
Balance at December 31, 2024
405,431,361 
Schedule of Accelerated Share Repurchases
The following table provides details for share repurchases during 2024, 2023, and 2022:
Number of shares
Average price per share(1)
Total
Q1 2024 open market repurchase2,243,259 $66.87$150
Q2 2024 open market repurchase734,737 $81.66$60
Q3 2024 open market repurchase1,061,323 $94.22$100
Q4 2024 open market repurchase1,731,193 $109.75$190
2024 Share repurchase total5,770,512 $86.65$500
Q1 2023 open market repurchase576,629 $43.36$25
Q2 2023 open market repurchase2,246,294 $44.52$100
Q3 2023 open market repurchase506,800 $49.32$25
Q4 2023 open market repurchase1,904,213 $52.52$100
2023 Share repurchase total5,233,936 $47.76$250
Q1 2022 open market repurchase5,147,307 $34.00$175
Q2 2022 open market repurchase1,770,271 $33.89$60
Q3 2022 open market repurchase2,764,846 $36.17$100
Q4 2022 open market repurchase1,674,082 $38.83$65
2022 Share repurchase total11,356,506 $35.22$400
(1)Excludes commissions cost.
Schedule of Activity for Stock Options and Stock Awards
The activity for stock options and stock awards during 2024 was as follows (options and awards in millions in the table below):
 Stock optionsStock awards
  Number of
options		Weighted
average
exercise price per option		Number of
awards		Weighted
average FMV
per award
Outstanding, December 31, 2023
0.5 $22.67 3.0 $34.23 
Granted — — 0.7 71.65 
Exercised(0.4)23.41 — — 
Converted— — (1.6)32.11 
Expired or forfeited— — (0.1)43.89 
Performance share adjustment— — 0.1 35.97 
Outstanding, December 31, 2024
0.1 $20.98 2.1 $48.28