Common Stock |
6 Months Ended |
---|---|
Jun. 30, 2025 | |
Equity [Abstract] | |
Common Stock | Common Stock The Company has a share repurchases program authorized by the Board of Directors. For the six months ended June 30, 2025, the Company repurchased 2.7 million shares of its common stock for $600 million. At June 30, 2025, the Company remained authorized to repurchase up to approximately $1.7 billion in shares of its common stock. There is no time limit on the authorization. For the six months ended June 30, 2024, the Company repurchased 3.0 million shares of its common stock for $600 million. The Company issued approximately 2.9 million shares related to stock compensation and employee stock purchase plans for both the six months ended June 30, 2025 and 2024. In January and March of 2025, the Board of Directors of the Company declared quarterly dividends of $0.815 per share on outstanding common stock, which were paid in February and May 2025, respectively. In July 2025, the Board of Directors of the Company declared a quarterly dividend of $0.900 per share on outstanding common stock, payable in August 2025.
|