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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Schedule of share-based compensation activity
The table below presents share-based compensation activity for 2025, 2024 and 2023:
202520242023
Total Intrinsic Value of Share-Based Incentive Awards Exercised$7.2 $22.0 $6.2 
Cash Received from Stock Option Exercises2.0 4.9 2.5 
Income Tax Benefit from the Exercise of Stock Options5.8 21.2 5.3 
Total Fair Value of Share-Based Incentive Awards Vested8.3 13.4 10.9 
Schedule of Assumptions used in Valuation for Options, SAR's, and Performance Share Units The weighted average assumptions used in the Company's Black-Scholes valuation related to grants for options and SARs in 2024 and 2023 were as follows:
20242023
Per Share Weighted Average Fair Value of Grants$62.85$54.20
Risk-Free Interest Rate4.3%4.1%
Expected Life (Years)5.05.0
Expected Volatility38.0%35.8%
Expected Dividend Yield0.8%0.9%
The assumptions used in the Company's Monte Carlo simulation related to grants for PSUs were as follows:
December 31, 2025December 31, 2024December 31, 2023
Risk-free interest rate4.2%4.5%4.4%
Expected life (years)3.03.03.0
Expected volatility38.0%36.0%41.0%
Expected dividend yield—%—%—%
Schedule of Share-based Incentive Plan Grant Activity (Options and SAR's)
Following is a summary of share-based incentive plan activity (options and SARs) for 2025:
Number of Shares Under Options and SARsSharesWeighted Average Exercise PriceWeighted Average Remaining Contractual Term (years)Aggregate Intrinsic Value (in millions)
Outstanding as of December 31, 2024628,494$116.90 
Exercised(110,758)77.15 
Forfeited(12,288)162.14 
Outstanding as of December 31, 2025505,448$124.58 5.1$12.4 
Exercisable as of December 31, 2025418,480$116.77 4.8$12.3 
Schedule of RSA Award Activity
Following is the summary of RSAs activity for 2025:
SharesWeighted Average Fair Value at Grant DateWeighted Average Remaining Contractual Term (years)
Unvested RSAs as of December 31, 20241,991$136.77 1.9
Vested(934)136.77 
Unvested RSAs as of December 31, 20251,057$136.77 1.4
Schedule of RSU Award Activity
Following is the summary of RSUs activity for 2025:
SharesWeighted Average Fair Value at Grant DateWeighted Average Remaining Contractual Term (years)
Unvested RSUs as of December 31, 2024242,173$154.79 1.8
Granted
216,773133.95 
Vested(108,542)153.18 
Forfeited(44,253)143.54 
Unvested RSUs as of December 31, 2025306,151$142.41 1.7
Schedule of PSU Award Activity
Following is the summary of PSUs activity for 2025:
SharesWeighted Average Fair Value at Grant DateWeighted Average Remaining Contractual Term (years)
Unvested PSUs as of December 31, 2024142,086$229.60 1.8
Granted108,770139.54 
Vested(33,691)150.85 
Forfeited(18,434)182.24 
Unvested PSUs as of December 31, 2025198,731$194.65 1.3