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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' INVESTMENT - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance $ 2,376,363,789 $ 2,123,255,648 $ 2,312,517,069 [1] $ 2,065,792,821
Issuance of common stock from stock plan transactions 3,408,322 7,926,787 $ 20,242,309 13,882,810
Repurchases of common stock (in shares)     (2,600,000)  
Repurchases of common stock (48,299,574) (25,103,491) $ (91,338,662) (53,566,122)
Stock-based compensation expense related to stock options, employee stock purchases and restricted stock 10,922,998 9,744,670 21,396,790 18,264,205
Dividends declared (27,627,119) (28,011,420) (55,370,601) (56,058,218)
Net income 86,040,438 109,155,403 194,271,153 206,733,664
Other comprehensive income (loss) (509,327) (1,018,271) (1,418,531) 900,166
Ending balance $ 2,400,299,527 $ 2,195,949,326 $ 2,400,299,527 $ 2,195,949,326
Common Stock        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance (in shares) 231,198,885 233,726,045 231,455,443 234,169,335
Beginning balance $ 13,871,933 $ 14,023,563 $ 13,887,326 $ 14,050,160
Issuance of common stock from stock plan transactions (in shares) 433,321 624,323 1,377,666 1,227,959
Issuance of common stock from stock plan transactions $ 25,999 $ 37,459 $ 82,660 $ 73,677
Repurchases of common stock (in shares) (1,402,667) (920,374) (2,603,570) (1,967,300)
Repurchases of common stock $ (84,160) $ (55,223) $ (156,214) $ (118,038)
Ending balance (in shares) 230,229,539 233,429,994 230,229,539 233,429,994
Ending balance $ 13,813,772 $ 14,005,799 $ 13,813,772 $ 14,005,799
Additional  Paid-In Capital        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance 991,053,652 928,284,892 968,245,875 917,499,323
Issuance of common stock from stock plan transactions 3,382,323 7,889,328 20,159,649 13,809,133
Repurchases of common stock (5,344,160) (3,258,126) (9,787,501) (6,911,897)
Stock-based compensation expense related to stock options, employee stock purchases and restricted stock 10,922,998 9,744,670 21,396,790 18,264,205
Ending balance 1,000,014,813 942,660,764 1,000,014,813 942,660,764
Retained  Earnings        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance 1,378,904,530 1,193,171,690 1,336,940,990 1,148,386,272
Repurchases of common stock (42,871,254) (21,790,142) (81,394,947) (46,536,187)
Dividends declared (27,627,119) (28,011,420) (55,370,601) (56,058,218)
Net income 86,040,438 109,155,403 194,271,153 206,733,664
Ending balance 1,394,446,595 1,252,525,531 1,394,446,595 1,252,525,531
Accumulated  Other Comprehensive Income (Loss)        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance (7,466,326) (12,224,497) (6,557,122) (14,142,934)
Other comprehensive income (loss) (509,327) (1,018,271) (1,418,531) 900,166
Ending balance $ (7,975,653) $ (13,242,768) $ (7,975,653) $ (13,242,768)
[1] The condensed consolidated balance sheet at December 31, 2023 has been derived from the audited consolidated financial statements at that date, but does not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements.