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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2023
Stock-Based Compensation  
Schedule of stock option activity

Weighted

 

Average

Aggregate

 

Weighted

Remaining

Intrinsic

 

Average

Contractual

Value

    

Options

    

Exercise Price

    

Term (in years)

    

(in millions)

 

Options outstanding at January 1, 2023

 

66,135,037

$

45.57

 

6.03

$

2,027.2

Options granted

 

29,900

 

79.74

Options exercised

 

(2,568,529)

 

31.58

Options forfeited

 

(58,420)

 

53.54

Options outstanding at March 31, 2023

 

63,537,988

$

46.14

 

5.89

$

1,911.4

Vested and non-vested options expected to vest at March 31, 2023

 

61,421,497

$

45.84

 

5.83

$

1,866.7

Exercisable options at March 31, 2023

 

36,995,964

$

39.20

 

4.71

$

1,367.6

Summary of status of non-vested options and changes during the year

    

    

Weighted

 

Average

Fair Value at 

Options

Grant Date

 

Non-vested options at January 1, 2023

 

26,721,012

$

11.04

Options granted

 

29,900

 

20.87

Options vested

 

(150,468)

 

15.32

Options forfeited

 

(58,420)

 

10.45

Non-vested options at March 31, 2023

 

26,542,024

$

11.03

Summary of activity in the option plans

 

Three Months Ended

 

March 31, 

2023

2022

Total intrinsic value of stock options exercised

$

125.7

$

34.3

Total fair value of stock options vested

 

2.3

 

0.6

Schedule of restricted share activity

Weighted Average

Remaining

Restricted

Fair Value at 

Amortization

  

Shares

 

Grant Date

 

Term (in years)

 

Restricted shares outstanding at January 1, 2023

 

21,312

$

67.59

0.37

Restricted shares granted

 

768

 

80.90

Restricted shares outstanding at March 31, 2023

 

22,080

$

68.03

 

0.13