Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2024

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, 2024	120,780,324	$	25.23	5.81	$	2,939.5
Options granted	116,062		45.36
Options exercised	(6,312,850)		18.64
Options forfeited	(86,274)		32.51
Options outstanding at March 31, 2024	114,497,262		25.61	5.69		3,671.9
Options granted	7,700,731		65.95
Options exercised	(5,567,231)		20.95
Options forfeited	(289,042)		33.73
Options outstanding at June 30, 2024	116,341,720		28.48	5.81		4,524.7
Options granted	182,038		66.74
Options exercised	(4,235,151)		20.11
Options forfeited	(174,730)		37.34
Options outstanding at September 30, 2024	112,113,877	$	28.84	5.64	$	4,078.1
Vested and non-vested options expected to vest at September 30, 2024	109,312,793	$	28.48	5.57	$	4,015.2
Exercisable options at September 30, 2024	76,480,116	$	23.31	4.57	$	3,200.8

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, 2024	45,047,962	$	7.28
Options granted	116,062		13.18
Options vested	(293,452)		7.89
Options forfeited	(73,050)		8.86
Non-vested options at March 31, 2024	44,797,522		7.29
Options granted	7,700,731		19.42
Options vested	(16,481,658)		5.80
Options forfeited	(289,042)		7.99
Non-vested options at June 30, 2024	35,727,553		10.59
Options granted	182,038		19.64
Options vested	(101,100)		9.12
Options forfeited	(174,730)		9.59
Non-vested options at September 30, 2024	35,633,761	$	10.64

Summary of activity in the option plans

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2024		2023		2024		2023
Total intrinsic value of stock options exercised	$	190.7	$	208.4	$	652.3	$	447.9
Total fair value of stock options vested		0.9		0.7		98.8		89.3

Schedule of restricted share activity

Restricted share activity for the three and nine months ended September 30, 2024 was as follows:

				Weighted Average
				Remaining
	Restricted	Fair Value at		Amortization
	Shares	Grant Date		Term (in years)
Restricted shares outstanding at January 1, 2024	—	$	—
Restricted shares granted	—		—
Restricted shares outstanding at March 31, 2024	—		—
Restricted shares granted	21,840		65.96
Restricted shares outstanding at June 30, 2024	21,840		65.96	0.87
Restricted shares granted	—		—
Restricted shares outstanding at September 30, 2024	21,840	$	65.96	0.62