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Share Plans (Tables)
3 Months Ended
Mar. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Share-based Compensation Expense
Total share-based compensation expense for the three months ended March 31, 2025 and 2024 was as follows:
Three months ended
In millionsMarch 31,
2025
March 31,
2024
Restricted stock units$3.3 $3.8 
Stock options2.6 1.4 
Performance share units6.7 2.7 
Total share-based compensation expense$12.6 $7.9 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
We estimated the fair value of each stock option award issued in the annual share-based compensation grant using a Black-Scholes option pricing model, modified for dividends and using the following assumptions:
 
2025
Annual Grant
Risk-free interest rate4.12 %
Expected dividend yield0.98 %
Expected share price volatility31.10 %
Expected term (years)6.9