Share-Based Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2024

Schedule of Changes in Stock Options

The following table presents stock option activity for the year ended December 31, 2024:

	Number of shares (thousands)			Weighted-average exercise price
Option shares outstanding, December 31, 2023		6.2		$	48.86
Option shares exercised		(6.2	)	$	48.86
Option shares outstanding, December 31, 2024		-		$	-
Option shares exercisable, vested and expected to vest, December 31, 2024		-		$	-

Schedule of Information Related to Stock Option Exercises

The following table presents information related to stock option exercises:

	2024		2023		2022
Total intrinsic value of stock options exercised	$	0.3	$	1.3	$	1.3
Cash proceeds received from stock options exercised		1.4		0.2		1.8
Tax deduction realized from stock options exercised		0.1		0.3		0.1

Schedule of Restricted Stock and Restricted Stock Units Activity

e also granted non-vested stock awards in the form of Restricted Stock Units (“RSUs”) and Performance Stock Units (“PSUs”). A summary of the 2024 activity related to the RSUs and PSUs is as follows:

	Non-Vested Stock Awards
	RSUs						PSUs
	Number of shares (thousands)			Weighted- average fair value at grant date			Number of shares (thousands)			Weighted- average fair value at grant date
December 31, 2023		205.4		$	75.56			308.5		$	98.44
Granted		68.8			124.10			65.7			140.44
Performance adjustments		-			-			(0.2	)		(102.16	)
Vested		(33.7	)		(82.29	)		(103.9	)		(104.75	)
Forfeited		(8.7	)		(89.80	)		(9.1	)		(100.83	)
December 31, 2024		231.8		$	88.46			261.0		$	108.09

ScheduleOfShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsValuationAssumptionsTableTextBlock

	2024			2023
Weighted-average grant date fair value of market-based PSUs granted (dollars per award)	$	164.22		$	121.69
Assumptions
Risk-free rate of return		4.4	%		4.5	%
Expected volatility		27.7	%		38.7	%
Expected term (in years)		3.1			3.1
Expected dividend yield		0.0	%		0.0	%