v3.25.4
Stock-Based Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Schedule Of Weighted-Average Assumptions For Grants Made The weighted-average assumptions for grants made during the years ended December 31, 2025, 2024 and 2023 are as follows:
202520242023
Dividend yield0.53 %0.66 %1.57 %
Volatility33.71 %32.83 %32.33 %
Risk-free interest rate4.40 %4.12 %3.67 %
Expected lives in years7.87.87.7
Schedule Of Company's Stock Option Plans
Activity in our stock option plans for the year ended December 31, 2025, were as follows:
Option ActivityNumber of
Shares
(in 000’s)
Weighted
Average
Exercise Price
Weighted
Average
Remaining
Life (Years)
Options outstanding as of January 1, 20251,218 $61.33 
Granted50 173.50 
Exercised(189)50.38 
Canceled(7)89.89  
Options outstanding as of December 31, 20251,072 $68.28 4.5
Options exercisable as of December 31, 2025904 $58.68 3.9

Information regarding our stock option activity is as follows:

(in millions, except fair value per award) December 31,202520242023
Weighted-average grant-date fair value per award$76.71 $52.50 $42.47 
Total fair value of options vested$2.5 $2.7 $5.7 
Total intrinsic value of options exercised$23.8 $22.7 $24.3 
Aggregate intrinsic value of exercisable options$113.6 $95.4 $67.7 
Total proceeds from option exercises$9.5 $10.5 $30.3 
Tax benefit relating to option exercises$5.5 $4.1 $5.0 
Schedule Of Changes Of Restricted Stock
Changes in our restricted share units for the year ended December 31, 2025, were as follows:
Restricted Share Unit Activity Restricted
Share Units
(in 000’s)
Weighted
Average
Grant-Date
Fair Value
Restricted share units as of January 1, 2025390 $97.47 
Restricted share units granted74 170.77 
Restricted share units vested(129)81.45 
Restricted share units forfeited(18)102.23 
Performance-based restricted share units granted75 145.88 
Performance-based restricted share units vested(85)71.14 
Performance-based restricted share units forfeited(6)62.89 
Restricted share units as of December 31, 2025301 $138.99