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Stock-Based Compensation Plans (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2024
Dec. 31, 2023
Stock-Based Compensation Plans    
Schedule of stock-based awards granted under the Stock-Based Compensation Plans

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For the six months ended June 30,

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2024

    

2023

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(in millions)

Compensation cost

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$

14.4

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$

12.8

Related income tax benefit

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2.9

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2.5

Capitalized as part of an asset

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0.7

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0.8

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For the year ended December 31, 

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2023

    

2022

    

2021

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(in millions)

Compensation cost

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$

25.3

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$

22.2

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$

25.2

Related income tax benefit

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5.1

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4.6

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4.3

Capitalized as part of an asset

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1.1

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1.2

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1.4

Summary of the assumptions used in this model for the stock options granted  

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For the year ended December 31, 

 

Options

    

2023

    

2022

    

2021

 

Expected volatility

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—

%  

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—

%  

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34.2

%

Expected term (in years)

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—

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—

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7.0

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Risk-free interest rate

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—

%  

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—

%  

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1.2

%

Expected dividend yield

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—

%  

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—

%  

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3.82

%

Weighted average estimated fair value

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$

—

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$

—

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$

15.67

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