Equity Level 1 (Notes)

9 Months Ended

Sep. 30, 2022

Equity [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

Equity

(All shares reported in whole numbers)

Share Repurchase Program

Subject to market conditions, normal trading restrictions, and limitations in our debt covenants, we may make purchases of our Common stock in the open market or through privately negotiated transactions under our share repurchase program. During the nine months ended September 30, 2022, we repurchased 9,152,151 shares of common stock at an aggregate cost of $586.6 million, which is an average cost per share of $64.09. In May 2022, our Board of Directors increased our share repurchase authorization to $600.0 million. After these repurchases and the increase in our share repurchase authorization, the remaining dollar value of shares authorized to be purchased under the share repurchase program was $307.9 million at September 30, 2022.

Subsequent to September 30, 2022, we repurchased 932,211 shares for $56.1 million at an average cost per share of $60.18. After these repurchases, the remaining dollar value of shares authorized to be purchased under the share repurchase program is $251.8 million.