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Shareholders' Equity (Tables)
9 Months Ended
Sep. 30, 2022
Shareholders' Equity [Abstract]  
Summary of Share Repurchases The following is a summary of the Company’s share repurchases:

For the three months

For the nine months

ended September 30,

ended September 30,

2022

2021

2022

2021

Total number of shares purchased (in millions) (1)

0.4

1.3

1.1

Average price paid per share (1)

$

$

340.70

$

332.00

$

291.48

Total price paid (in millions) (1)

$

$

150.0

$

431.6

$

318.9

(1)Amounts reflected are based on the trade date and differ from the Consolidated Statements of Cash Flows which reflects share repurchases based on the settlement date.

Schedule of Dividends Paid and Dividends Declared

For the nine months ended September 30, 2022, the Company paid the following cash dividends:

Payable to Shareholders

of Record at the Close

Cash Paid

Aggregate Amount

Date Declared

of Business on

Per Share

Paid

Date Paid

February 27, 2022

March 10, 2022

$0.71

$76.9 million

March 25, 2022

April 24, 2022

May 19, 2022

$0.71

$76.6 million

June 14, 2022

July 31, 2022

August 25, 2022

$0.71

$76.7 million

September 20, 2022

Dividends paid in 2022 were ordinary taxable dividends.


Subsequent to September 30, 2022, the Company declared the following cash dividends:

Payable to Shareholders

Cash to

of Record at the Close

be Paid

Date Declared

of Business on

Per Share

Date to be Paid

October 30, 2022

November 17, 2022

$0.71

December 15, 2022