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Equity (Tables)
6 Months Ended
Jun. 30, 2022
Equity  
Summary of the status of the Company's restricted stock units and changes during the year

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Weighted

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Average

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Grant Date

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Aggregate

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Fair Value

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Fair Value

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RSUs and PSUs

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Per RSU

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(in millions)

Unvested at January 1, 2022

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831,597

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$

105.12

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Granted(1)

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305,249

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187.31

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Vested

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(24,363)

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95.75

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Cancelled or forfeited

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(21,873)

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116.61

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Unvested at June 30, 2022

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1,090,610

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$

128.10

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$

249.4

Shares reserved for future grants (all plans)

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1,566,598

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(1)Comprised of 56,452 RSUs granted in January 2022 with a fair value of $152.21 per unit, and 136,346 RSUs and 112,451 PSUs granted in March 2022 with a fair value of $195.28 per unit. The service-based RSUs cliff vest on December 1, 2024 and the performance-based RSUs are subject to a three-year performance period ending December 31, 2024.
Schedule of share repurchase activity

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2022

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2021

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Average Cost

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Average Cost

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Shares

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Per Share

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Amount

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Shares

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Per Share

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Amount

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(in millions)

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(in millions)

First quarter

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113,529

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$

150.97

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$

17.1

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—

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$

—

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$

—

Second quarter

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1,085,635

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178.61

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193.9

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147,016

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163.50

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24.0

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1,199,164

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$

176.00

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$

211.0

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147,016

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$

163.50

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$

24.0

Schedule of accumulated other comprehensive loss

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Foreign Currency

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Postretirement Benefit

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Accumulated Other

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Translation

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Plan Adjustments,

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Comprehensive

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Loss

    

Net of Tax

    

Loss

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(in millions)

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Balance as of January 1, 2022

$

(55.2)

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$

(13.7)

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$

(68.9)

Current-period change

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(19.3)

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(0.1)

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(19.4)

Balance as of June 30, 2022

$

(74.5)

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$

(13.8)

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$

(88.3)