Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2025

Stock-based compensation

Schedule of nonvested restricted stock and deferred shares activity and related information

	Years Ended December 31,
	2025			2024			2023
		Weighted			Weighted			Weighted
		Average			Average			Average
		Grant Date			Grant Date			Grant Date
	Shares	Fair Value		Shares	Fair Value		Shares	Fair Value
	(Shares in thousands)
Unvested at beginning of year	86	$	179.08	93	$	149.96	121	$	121.39
Granted	51		218.23	44		202.03	51		167.39
Vested	(43)		169.18	(47)		144.02	(76)		112.65
Cancelled/Forfeitures	(8)		209.15	(4)		169.90	(3)		139.46
Unvested at end of year	86	$	204.24	86	$	179.08	93	$	149.96

Schedule of the Company's RSU activity and related information

	Years Ended December 31,
	2025					2024			2023
		Weighted			Weighted		Weighted			Weighted
		Average			Average		Average			Average
		Purchase			Intrinsic		Purchase			Purchase
	RSUs	Price			Value	RSUs	Price		RSUs	Price
	(RSUs in thousands)
Outstanding at beginning of year	72	$	133.34			77	$	114.93	77	$	94.78
Granted	18		168.80			20		163.23	26		130.27
Settled	(27)		115.43			(23)		97.80	(25)		66.94
Cancelled/Forfeitures	(4)		152.38			(2)		139.60	(1)		124.04
Outstanding at end of year	59	$	151.00	$	125.02	72	$	133.34	77	$	114.93
Vested at end of year	21	$	138.58	$	137.44	25	$	119.73	23	$	104.17

Schedule of stock-based compensation fair value assumptions

	2025		2024
Expected life (years)	3.0		3.0
Expected stock price volatility	27.3	%	28.9	%
Expected dividend yield	0.90	%	0.80	%
Risk-free interest rate	4.0	%	4.5	%

Performance stock units

Stock-based compensation

Schedule of unvested performance shares activity and related information

	Years Ended December 31,
	2025			2024			2023
		Weighted			Weighted			Weighted
		Average			Average			Average
		Grant Date			Grant Date			Grant Date
	Shares	Fair Value		Shares	Fair Value		Shares	Fair Value
	(Shares in thousands)
Unvested at beginning of year	106	$	170.42	113	$	142.53	146	$	107.29
Granted	67		179.19	79		162.23	99		106.37
Vested	(68)		143.93	(80)		122.88	(125)		73.62
Cancelled/Forfeitures	(6)		198.21	(6)		174.85	(7)		132.14
Unvested at end of year	99	$	192.57	106	$	170.42	113	$	142.53

Restricted stock and deferred shares

Stock-based compensation

Schedule of information about RSUs outstanding

The following table summarizes information about RSUs outstanding at December 31, 2025:

	RSUs Outstanding			RSUs Vested
		Weighted Average			Weighted Average
	Number	Purchase		Number	Purchase
Range of Purchase Prices	Outstanding	Price		Vested	Price
	(RSUs in thousands)
$115.14-$130.27	24	$	130.27	15	$	130.27
$130.28-$163.23	18		163.23	6		163.23
$163.24-$168.80	17		168.80	—		—
	59	$	151.00	21	$	138.58