Equity (Tables)

12 Months Ended

Dec. 31, 2023

Schedule of Dividends Paid and Stock Repurchases and Retirements Under Stock Repurchase Program

The following table summarizes dividends paid, stock repurchases and retirements under the Company's stock repurchase programs, and stock repurchases for tax withholdings (in millions, except per share amounts):


	Dividends				Stock Repurchases							Total
Year	Per Share		Amount		Shares	Average price per share		Amount		Tax Withholding Amount		Amount
2023	$	0.88	$	280.8	13.1	$	29.47	$	385.0	$	12.7	$	678.5
2022	$	0.84	$	270.4	9.2	$	32.32	$	299.7	$	15.4	$	585.5
2021	$	0.80	$	259.1	15.7	$	27.56	$	433.3	$	10.2	$	702.6

Schedule of Accumulated Other Comprehensive Loss, Net of Taxes

The components of accumulated other comprehensive income (loss), net of related taxes, for the years ended December 31, 2023, 2022, and 2021 were as follows (in millions):


	Unrealized Gains/Losses on Available-for- Sale Debt Securities(1)		Unrealized Gains/Losses on Cash Flow Hedges(2)		Foreign Currency Translation Adjustments		Total
Balance as of December 31, 2020	$	34.1	$	57.7	$	(36.2)	$	55.6
Other comprehensive loss before reclassifications	(5.0)		(13.5)		(12.8)		(31.3)
Amount reclassified from accumulated other comprehensive income (loss)	(1.2)		(25.2)		—		(26.4)
Other comprehensive loss, net	(6.2)		(38.7)		(12.8)		(57.7)
Balance as of December 31, 2021	$	27.9	$	19.0	$	(49.0)	$	(2.1)
Other comprehensive income (loss) before reclassifications	(6.5)		15.7		(30.1)		(20.9)
Amount reclassified from accumulated other comprehensive income (loss)	0.4		26.8		—		27.2
Other comprehensive income (loss), net	(6.1)		42.5		(30.1)		6.3
Balance as of December 31, 2022	$	21.8	$	61.5	$	(79.1)	$	4.2
Other comprehensive income (loss) before reclassifications	7.1		11.7		(3.0)		15.8
Amount reclassified from accumulated other comprehensive income (loss)	—		29.1		—		29.1
Other comprehensive income (loss), net	7.1		40.8		(3.0)		44.9
Balance as of December 31, 2023	$	28.9	$	102.3	$	(82.1)	$	49.1

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(1) The reclassifications out of accumulated other comprehensive income (loss) during the years ended December 31, 2023, 2022, and 2021 for realized gains on available-for-sale debt securities were not material, and were included in other expense, net, in the Consolidated Statements of Operations.

(2) The reclassifications out of accumulated other comprehensive income (loss) for realized gains (losses) on cash flow hedges was $(29.8) million, $(25.8) million and $28.9 million for the year ended December 31, 2023, 2022 and 2021, respectively. The reclassified amounts were included within cost of revenues, research and development, sales and marketing, and general and administrative in the Consolidated Statements of Operations.