Long-term Equity-based Compensation (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
|---|
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
|
| Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions |
The assumptions used in the Black-Scholes pricing model for Tandem Awards granted during the years ended December 31, 2025, 2024 and 2023 are presented below. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2025 | | 2024 | | 2023 | | RANGE OF VALUATION ASSUMPTIONS | | | | | | | | | | | | | | Expected Volatility | | 33.33 | % | - | 36.69 | % | | 34.49 | % | - | 38.21 | % | | 35.12 | % | - | 39.27 | % | | Risk-free Interest Rate | | 3.74 | | - | 4.34 | | | 3.83 | | - | 4.02 | | | 3.47 | | - | 4.74 | | | Expected Dividend Yield | | 1.88 | | - | 2.16 | | | 1.95 | | - | 2.15 | | | 1.55 | | - | 2.39 | | | WEIGHTED-AVERAGE EXPECTED LIFE IN YEARS | | | | | | | | | | | | | | Employee Grants | | 4 | ‘- | 6 | | 4 | - | 6 | | 4 | - | 6 | | | | | | | |
|
| Disclosure of Share-based Compensation Arrangements by Share-based Payment Award |
Tandem Award activity for the year ended December 31, 2025 is presented below. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Shares
Subject to
Awards | | Weighted-
average
Exercise Price
Per Share ($) | | Weighted-
average
Remaining
Contractual
Life (in Years) | | Aggregate
Intrinsic
Value
($ In Millions) | | Outstanding at Beginning of the Year | | 2,355,780 | | | $ | 58.62 | | | | | | | Granted | | 188,438 | | | 65.67 | | | | | | | Exercised | | (254,306) | | | 37.33 | | | | | | | Forfeited or Expired | | (81,195) | | | 71.03 | | | | | | | Outstanding at December 31, 2025 | | 2,208,717 | | | $ | 61.22 | | | 4.18 | | $ | 0.5 | | | Vested and Expected to Vest at December 31, 2025 | | 2,201,375 | | | $ | 61.23 | | | 4.17 | | $ | 0.5 | | | Exercisable at December 31, 2025 | | 1,816,368 | | | $ | 61.14 | | | 3.26 | | $ | 0.5 | |
|
| Schedule of Options Outstanding |
Information pertaining to Tandem Awards outstanding at December 31, 2025 is presented below. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Outstanding | | Exercisable | | Range of Exercise Prices ($) | | Shares
Subject to
Awards | | Weighted-
average
Exercise Price
Per Share ($) | | Weighted-
average
Remaining
Contractual
Life (in Years) | | Shares
Subject to
Awards | | Weighted-
average
Exercise Price
Per Share ($) | | | | | | | | | | | | | | | $ | 20.01 | | - | 30.00 | | | 7,496 | | | $ | 27.71 | | | 0.16 | | 7,496 | | | $ | 27.71 | | | 30.01 | | - | 40.00 | | | 43,219 | | | 31.01 | | | 0.34 | | 43,219 | | | 31.01 | | | 40.01 | | - | 50.00 | | | 225,128 | | | 43.49 | | | 0.74 | | 221,765 | | | 43.43 | | | 50.01 | | - | 60.00 | | | 1,023,331 | | | 56.58 | | | 5.49 | | 817,045 | | | 56.21 | | | 60.01 | | - | 70.00 | | | 427,580 | | | 67.71 | | | 5.66 | | 244,880 | | | 69.08 | | | 70.01 | | - | 80.00 | | | 465,549 | | | 76.59 | | | 2.06 | | 465,549 | | | 76.59 | | | 80.01 | | - | 90.00 | | | 16,414 | | | 83.86 | | | 3.18 | | 16,414 | | | 83.86 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 20.01 | | - | 90.00 | | | 2,208,717 | | | 61.22 | | | 4.18 | | 1,816,368 | | | 61.14 | |
|
| Schedule of Share-based Compensation, Nonemployee Director Deferred Stock Unit Award Plan, Activity |
Activity related to DSU awards for the year ended December 31, 2025 is presented below. | | | | | | | | | | | | | | | | | Number of DSUs | | Weighted-
average
Grant-date
Fair Value
Per DSU | | Vested Balance at Beginning of the Year | | 12,940 | | | $ | 49.80 | | | | | | | | Reduction for Shares Issued on Conversion | | — | | | — | | Vested Balance at December 31, 2025 | | 12,940 | | | $ | 49.80 | |
|
| Time Vested Restricted Stock Units |
|
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
|
| Schedule of Share-based Compensation, Restricted Stock Units and Performance Stock Units Activity |
Activity related to nonvested RSUs for the year ended December 31,2025 is presented below. | | | | | | | | | | | | | | | | | | | Time-based Restricted Stock Unit Awards | | | | | | Number of Restricted Stock Units | | Weighted-
average
Grant-date
Fair Value
Per Unit | | Nonvested Balance at Beginning of the Year | | | | | 585,732 | | | $ | 57.34 | | | Granted | | | | | 358,601 | | | 55.61 | | | Vested | | | | | (235,828) | | | 56.55 | | | Forfeited | | | | | (73,860) | | | 60.98 | | Nonvested Balance at December 31, 2025 | | | | | 634,645 | | | $ | 56.23 | |
|
| Performance Based Restricted Stock Units |
|
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
|
| Schedule of Share-based Compensation, Restricted Stock Units and Performance Stock Units Activity |
Activity related to nonvested PSU awards for the year ended December 31, 2025 is presented below. | | | | | | | | | | | | | PSU Awards | | Number of PSUs | | Weighted-
average
Grant-date
Fair Value
Per PSU | | Nonvested Balance at Beginning of the Year | 536,526 | | | $ | 60.99 | | | Granted | 167,843 | | | 63.51 | | | Vested | — | | | — | | | Forfeited | (210,551) | | | 54.59 | | Nonvested Balance at December 31, 2025 | 493,818 | | | $ | 64.57 | |
|