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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2025
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, 2025

  

105,704,191

$

29.40

 

5.53

$

4,233.2

Options granted

  

561,379

 

71.83

Options exercised

  

(2,656,674)

 

20.00

Options forfeited

  

(202,884)

 

42.60

Options outstanding at March 31, 2025

  

103,406,012

$

29.85

 

5.37

$

3,702.6

Vested and non-vested options expected to vest at March 31, 2025

  

100,883,177

$

29.52

 

5.31

$

3,645.4

Exercisable options at March 31, 2025

  

67,778,117

$

23.86

 

4.26

$

2,828.7

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, 2025

 

35,547,254

$

10.66

Options granted

 

561,379

 

20.90

Options vested

 

(277,854)

 

8.26

Options forfeited

 

(202,884)

 

11.33

Non-vested options at March 31, 2025

 

35,627,895

$

10.83

Summary of activity in the option plans

    

Three Months Ended

 

March 31, 

2025

2024

Total intrinsic value of stock options exercised

$

140.3

$

215.8

Total fair value of stock options vested

 

2.3

 

2.3

Schedule of restricted share activity

Restricted share activity for the three months ended March 31, 2025 was as follows:

Weighted Average

Remaining

Restricted

Fair Value at 

Amortization

  

Shares

 

Grant Date

 

Term (in years)

 

Restricted shares outstanding at January 1, 2025

 

21,840

$

65.96

0.36

Restricted shares granted

 

 

Restricted shares outstanding at March 31, 2025

 

21,840

$

65.96

 

0.12