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Condensed Consolidated Statements of Stockholders’ Equity (Unaudited) - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Shares in Treasury
Balance at beginning (in shares) at Dec. 31, 2022   50.9        
Balance at the beginning of the period at Dec. 31, 2022 $ 3,024.4 $ 78.7 $ 512.6 $ (157.8) $ 5,027.1 $ (2,436.2)
Balance at beginning (in shares) at Dec. 31, 2022           27.5
Increase (Decrease) in Shareholders' Equity            
Net income 296.3       296.3  
Other comprehensive income (loss), net of tax 14.3     14.3    
Dividends (77.3)       (77.3)  
Repurchases of common stock (in shares)   (1.1)       1.1
Repurchases of common stock (252.1)         $ (252.1)
Issuances and deferrals, net for stock-based compensation (in shares) [1]   0.2       (0.2)
Issuances and deferrals. net for stock-based compensation [1] 26.4   19.0     $ 7.4
Balance at ending (in shares) at Jun. 30, 2023   50.0        
Balance at the end of the period at Jun. 30, 2023 3,032.0 $ 78.7 531.6 (143.5) 5,246.1 $ (2,680.9)
Balance at ending (in shares) at Jun. 30, 2023           28.4
Balance at beginning (in shares) at Mar. 31, 2023   50.8        
Balance at the beginning of the period at Mar. 31, 2023 3,058.3 $ 78.7 516.0 (142.6) 5,089.8 $ (2,483.6)
Balance at beginning (in shares) at Mar. 31, 2023           27.6
Increase (Decrease) in Shareholders' Equity            
Net income 194.6       194.6  
Other comprehensive income (loss), net of tax (0.9)     (0.9)    
Dividends (38.3)       (38.3)  
Repurchases of common stock (in shares)   (0.9)       0.9
Repurchases of common stock (201.9)         $ (201.9)
Issuances and deferrals, net for stock-based compensation (in shares) [2]   0.1       (0.1)
Issuances and deferrals. net for stock-based compensation [2] 20.2   15.6     $ 4.6
Balance at ending (in shares) at Jun. 30, 2023   50.0        
Balance at the end of the period at Jun. 30, 2023 $ 3,032.0 $ 78.7 531.6 (143.5) 5,246.1 $ (2,680.9)
Balance at ending (in shares) at Jun. 30, 2023           28.4
Balance at beginning (in shares) at Dec. 31, 2023 47.7 47.7        
Balance at the beginning of the period at Dec. 31, 2023 $ 2,829.0 $ 78.7 553.8 (111.1) 5,634.0 $ (3,326.4)
Balance at beginning (in shares) at Dec. 31, 2023 30.9         30.9
Increase (Decrease) in Shareholders' Equity            
Net income $ 904.7       904.7  
Other comprehensive income (loss), net of tax (1.9)     (1.9)    
Dividends (81.8)       (81.8)  
Repurchases of common stock (in shares)   (1.8)       1.8
Repurchases of common stock (705.5)         $ (705.5)
Issuances and deferrals, net for stock-based compensation (in shares) [1]   0.5       (0.5)
Issuances and deferrals. net for stock-based compensation [1] $ 59.8   16.5     $ 43.3
Balance at ending (in shares) at Jun. 30, 2024 46.4 46.4        
Balance at the end of the period at Jun. 30, 2024 $ 3,004.3 $ 78.7 570.3 (113.0) 6,456.9 $ (3,988.6)
Balance at ending (in shares) at Jun. 30, 2024 32.2         32.2
Balance at beginning (in shares) at Mar. 31, 2024   47.6        
Balance at the beginning of the period at Mar. 31, 2024 $ 2,859.3 $ 78.7 562.8 (119.3) 5,784.8 $ (3,447.7)
Balance at beginning (in shares) at Mar. 31, 2024           31.0
Increase (Decrease) in Shareholders' Equity            
Net income 712.4       712.4  
Other comprehensive income (loss), net of tax 6.3     6.3    
Dividends (40.3)       (40.3)  
Repurchases of common stock (in shares)   (1.3)       1.3
Repurchases of common stock (555.0)         $ (555.0)
Issuances and deferrals, net for stock-based compensation (in shares) [2]   0.1       (0.1)
Issuances and deferrals. net for stock-based compensation [2] $ 21.6   7.5     $ 14.1
Balance at ending (in shares) at Jun. 30, 2024 46.4 46.4        
Balance at the end of the period at Jun. 30, 2024 $ 3,004.3 $ 78.7 $ 570.3 $ (113.0) $ 6,456.9 $ (3,988.6)
Balance at ending (in shares) at Jun. 30, 2024 32.2         32.2
[1] Issuances and deferrals, net for stock-based compensation, reflects share activity related to option exercises, restricted and performance shares vested, and net issuances and deferrals associated with deferred compensation equity.
[2] Issuances and deferrals, net for stock-based compensation reflects share activity related to option exercises, restricted and performance shares vested, and net issuances and deferrals associated with deferred compensation equity.