v3.25.2
Condensed Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock [Member]
Capital In Excess Of Par Value [Member]
Retained Earnings [Member]
Balance at Dec. 31, 2023 $ 4,257,811 $ 21,793 $ 231,449 $ 4,004,569
Balance, in shares at Dec. 31, 2023   217,931    
Net income 614,349     614,349
Share repurchases, including transaction costs (602,851) $ (329)   (602,522)
Share repurchases, including transaction costs, shares   (3,290)    
Forward contract for accelerated share repurchases (40,000)   (40,000)  
Cash dividends declared (112,557)     (112,557)
Share-based compensation and share issuances, net of forfeitures 6,290 $ 17 6,273  
Share-based compensation and share issuances, net of forfeitures, shares   170    
Taxes paid in exchange for shares withheld (11,143) $ (5) (11,138)  
Taxes paid in exchange for shares withheld, shares   (53)    
Balance at Jun. 30, 2024 4,111,899 $ 21,476 186,584 3,903,839
Balance, in shares at Jun. 30, 2024   214,758    
Balance at Mar. 31, 2024 4,401,637 $ 21,760 225,497 4,154,380
Balance, in shares at Mar. 31, 2024   217,599    
Net income 322,045     322,045
Share repurchases, including transaction costs (516,899) $ (287)   (516,612)
Share repurchases, including transaction costs, shares   (2,868)    
Forward contract for accelerated share repurchases (40,000)   (40,000)  
Cash dividends declared (55,974)     (55,974)
Share-based compensation and share issuances, net of forfeitures 2,956 $ 4 2,952  
Share-based compensation and share issuances, net of forfeitures, shares   37    
Taxes paid in exchange for shares withheld (1,866) $ (1) (1,865)  
Taxes paid in exchange for shares withheld, shares   (10)    
Balance at Jun. 30, 2024 4,111,899 $ 21,476 186,584 3,903,839
Balance, in shares at Jun. 30, 2024   214,758    
Balance at Dec. 31, 2024 4,244,588 $ 21,298 228,081 3,995,209
Balance, in shares at Dec. 31, 2024   212,985    
Net income 523,286     523,286
Share repurchases, including transaction costs (419,299) $ (247)   (419,052)
Share repurchases, including transaction costs, shares   (2,472)    
Cash dividends declared (118,497)     (118,497)
Share-based compensation and share issuances, net of forfeitures 6,119 $ 12 6,107  
Share-based compensation and share issuances, net of forfeitures, shares   113    
Taxes paid in exchange for shares withheld (5,566) $ (3) (5,563)  
Taxes paid in exchange for shares withheld, shares   (30)    
Balance at Jun. 30, 2025 4,230,631 $ 21,060 228,625 3,980,946
Balance, in shares at Jun. 30, 2025   210,596    
Balance at Mar. 31, 2025 4,235,324 $ 21,193 226,576 3,987,555
Balance, in shares at Mar. 31, 2025   211,929    
Net income 268,626     268,626
Share repurchases, including transaction costs (216,317) $ (135)   (216,182)
Share repurchases, including transaction costs, shares   (1,356)    
Cash dividends declared (59,053)     (59,053)
Share-based compensation and share issuances, net of forfeitures 3,109 $ 3 3,106  
Share-based compensation and share issuances, net of forfeitures, shares   29    
Taxes paid in exchange for shares withheld (1,058) $ (1) (1,057)  
Taxes paid in exchange for shares withheld, shares   (6)    
Balance at Jun. 30, 2025 $ 4,230,631 $ 21,060 $ 228,625 $ 3,980,946
Balance, in shares at Jun. 30, 2025   210,596