Unit Award Measurement Date Assumptions (Details) - Performance Shares [Member] - Compensation Peer Group [Member] - USD ($) |
Aug. 04, 2024 |
Aug. 04, 2023 |
Aug. 04, 2022 |
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PSU grant date weighted average fair value assumptions | |||
Volatility | 24.50% | 25.60% | 29.40% |
Risk free interest rate | 3.72% | 4.48% | 2.96% |
Annual dividend based on most recent quarterly dividend | $ 2.20 | $ 2.08 | $ 1.96 |
Dividend yield | 1.30% | 1.20% | 0.90% |
Beginning percentile rank for Total Shareholder Return (TSR) | 41.00% | 74.00% | 71.00% |
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- Definition Beginning percentile rank for Total Share Return (TSR) No definition available.
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- References No definition available.
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- Definition The estimated amount of dividends to be paid to holders of the underlying shares (expected dividends) over the option's term. Dividends are taken into account because payment of dividends to shareholders reduces the fair value of the underlying shares, and option holders generally do not receive dividends. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Rate of weighted-average expected volatility for award under share-based payment arrangement. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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