v3.26.1
Stockholders’ equity
3 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Stockholders’ equity Stockholders’ equity
The following table presents a summary of the Company’s share activity:
Three months ended
March 31,
20262025
Common stock:
Balance at beginning of period201,343,253 201,343,253 
Common stock issued— — 
   Balance at end of period201,343,253 201,343,253 
Treasury shares:
Balance at beginning of period(6,291,666)(2,035,323)
Share repurchases(926,015)(1,180,465)
Treasury shares used to settle share-based compensation awards2,939 7,452 
   Balance at end of period(7,214,742)(3,208,336)
Total shares outstanding at end of period194,128,511 198,134,917 
Share Repurchases
As of March 31, 2026, the Company had completed $4.7 billion in share repurchases under a September 2021 program that authorized up to $5.0 billion. In April 2026, the board of directors authorized a new share repurchase program of up to $2 billion in aggregate purchases of common stock, replacing the prior program.