v3.25.2
Stock Repurchases (Tables)
 6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Schedule of Stock Repurchases
The following table summarizes our stock repurchases for the three and six months ended June 30, 2025 and 2024:
(Dollars in millions)For the Three Months Ended June 30,
20252024
Stock RepurchasesNumber of Shares RepurchasedCost (1)Number of Shares RepurchasedCost (1)
Open Market (2)528,462 $261.6 110,181 $60.6 
Other (3)1,143 0.6 496 0.2 
Total529,605 $262.2 110,677 $60.8 
(Dollars in millions)For the Six Months Ended June 30,
 20252024
Stock RepurchasesNumber of Shares RepurchasedCost (1)Number of Shares RepurchasedCost (1)
Open Market (2)853,960 $424.2 459,437 $250.5 
Other (3)4,709 2.4 2,608 1.4 
Total858,669 $426.6 462,045 $251.9 
(1)    Total cost of repurchases includes excise tax.
(2)     Represents repurchases under authorizations by the board of directors for the repurchase of shares by us from time to time in the open market through privately negotiated transactions, through block trades, pursuant to trading plans adopted in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, or otherwise. On August 21, 2023, the board of directors authorized the repurchase of up to two million shares of our common stock in addition to the board’s prior authorizations. As of June 30, 2025, we had authorization to repurchase 391,131 shares of our common stock.
(3)     Represents shares of common stock released to us by team members as payment of tax withholdings upon the vesting of restricted stock units and the settlement of restricted stock units in common stock.