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Equity (Tables)
3 Months Ended
Mar. 31, 2023
Equity  
Summary of the status of the Company's restricted stock units and changes during the quarter

Weighted

Average

RSU and PSU

Grant Date

Aggregate Units

Fair Value

Unvested at January 1, 2023

582,012

$

164.60

Granted(1)

193,812

247.90

Vested

(870)

152.93

Cancelled or forfeited

(2,002)

170.84

Unvested at March 31, 2023

772,952

$

185.48

Shares reserved for future grants (all plans)

1,457,448

(1)Comprised of 109,683 RSUs and 84,129 PSUs granted in February 2023. The service-based RSUs cliff vest on December 1, 2025 and the performance-based RSUs are subject to a 3-year performance period ending December 31, 2025.
Schedule of share repurchase activity

2023

2022

Average Cost

Average Cost

Shares

Per Share

Amount

Shares

Per Share

Amount

(in millions)

(in millions)

First quarter

160,224

$

242.86

$

38.9

113,529

$

150.97

$

17.1

Schedule of accumulated other comprehensive loss

Pension and

Foreign Currency

Postretirement Benefit

Accumulated Other

Translation

Plan Adjustments,

Comprehensive

(Loss) Gain

   

Net of Tax

   

Loss

(in millions)

Balance as of January 1, 2023

$

(84.0)

$

(2.3)

$

(86.3)

Current-period change

0.6

(0.8)

(0.2)

Balance as of March 31, 2023

$

(83.4)

$

(3.1)

$

(86.5)