Equity (Tables)

3 Months Ended

Mar. 31, 2026

Stockholders' Equity Note [Abstract]

Schedule of Share Repurchase Activity

The Company’s share repurchase activity is presented in the table below for the periods indicated.

	Three Months Ended
	March 31,
	2026		2025
Number of shares repurchased (1)	3,310,253		300,745
Cash paid for repurchased shares (in thousands) (2)	$	534,637	$	162,672

(1)The average purchase price for repurchased shares was $158.49 and $507.65 for the three months ended March 31, 2026 and 2025, respectively. The repurchased shares during the three months ended March 31, 2026 and 2025 included purchases for both open market purchases and stock-based compensation award settlements.

(2)The cash paid for repurchased shares during the three months ended March 31, 2026 excluded excise tax accrued and included $10.0 million of open market purchases with trade dates in December 2025 that settled in January 2026. The cash paid for repurchased shares during the three months ended March 31, 2025 included $10.0 million of open market purchases with trade dates in December 2024 that settled in January 2025.

Schedule of The Changes in Accumulated Other Comprehensive Loss by Component (Net Of Tax)

The tables below provide information about the changes in AOCL by component and the related amounts reclassified out of AOCL to income during the periods indicated (net of tax, in thousands) (1).

Three Months Ended March 31, 2026

	Defined Benefit Pension Plans		Foreign Currency Translation Adjustments		Total
Balance – December 31, 2025	$	(5,944)	$	(35,071)	$	(41,015)
Other comprehensive income (loss) activity during the period:
Change in AOCL before reclassifications to income	(397)		(3,853)		(4,250)
Reclassifications from AOCL to income (2)	210		—		210
Other comprehensive income (loss), net	(187)		(3,853)		(4,040)
Balance – March 31, 2026	$	(6,131)	$	(38,924)	$	(45,055)

Three Months Ended March 31, 2025

	Interest Rate Swaps		Defined Benefit Pension Plans		Foreign Currency Translation Adjustments		Total
Balance – December 31, 2024	$	(9,800)	$	(5,214)	$	(73,319)	$	(88,333)
Other comprehensive income (loss) activity during the period:
Change in AOCL before reclassifications to income	—		—		17,046		17,046
Reclassifications from AOCL to income (2), (3)	3,390		48		—		3,438
Other comprehensive income (loss), net	3,390		48		17,046		20,484
Balance – March 31, 2025	$	(6,410)	$	(5,166)	$	(56,273)	$	(67,849)

(1)Amounts in parentheses represent debits (deferred losses).

(2)The reclassifications related to defined benefit pension plans were recorded in Other (expense) income, net.

(3)$4.5 million of the reclassifications related to interest rate swaps (cash flow hedges) were recorded in Interest expense, net, for the three months ended March 31, 2025. The swap contract matured in September 2025.