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Consolidated Statement of Changes in Equity (Parenthetical) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash dividends declared (USD per share) $ 5.38 $ 4.98 $ 4.58
Retained Earnings      
Acquisition and surrender of common shares [1] $ 223.9 $ 41.1 $ 36.6
[1] For accounting purposes, the Company treats repurchased shares as constructively retired when acquired and accordingly charges the purchase price against Common Stock par value, Additional paid-in capital, to the extent available, and Retained earnings. The change in Retained earnings of $223.9 million, $41.1 million and $36.6 million in 2025, 2024 and 2023, respectively, reflects this accounting treatment.