v3.26.1
Stock Repurchases
3 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Stock Repurchases [Text Block] STOCK REPURCHASES
The following table summarizes our stock repurchases for the three months ended March 31, 2026 and 2025:
(Dollars in millions)For the Three Months Ended March 31,
20262025
Stock RepurchasesNumber of Shares RepurchasedCostNumber of Shares RepurchasedCost
Open Market (1) (2)349,691 $171.3 325,498 $162.6 
Other (3)15,567 7.6 3,565 1.8 
Total365,258 $178.9 329,063 $164.4 
(1)    Total cost of repurchases includes excise tax.
(2)     Represents repurchases under authorizations by our 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 September 29, 2025, our 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 March 31, 2026, we had authorization to repurchase 1,411,075 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.