Stockholders' Equity and Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2026

Stockholders' Equity and Earnings Per Share [Abstract]

Schedule of Earnings Per Share Calculations

The following table presents the basic and diluted EPS calculations for the three months ended March 31, 2026 and 2025. For more information on the calculation of EPS, see Note 1 — Summary of Significant Accounting Policies — Significant Accounting Policies — Earnings Per Share to the Consolidated Financial Statements in the Company’s 2025 Form 10-K.



	Three Months Ended March 31,
($ and shares in thousands, except per share data)	2026			2025
Basic:
Net income	$	357,796		$	290,270
Basic weighted-average number of shares outstanding	138,054		(1)	138,201
Basic EPS	$	2.59		$	2.10
Diluted:
Net income	$	357,796		$	290,270
Less: Fair value changes of liability-classified equity contracts, net of tax (2)	(495)			—
Net income, diluted	$	357,301		$	290,270
Basic weighted-average number of shares outstanding	138,054		(1)	138,201
Add: Dilutive impact of unvested RSUs	865			1,090
Diluted weighted-average number of shares outstanding	138,919			139,291
Diluted EPS	$	2.57		$	2.08

(1)Includes retirement-eligible employees’ awards.

(2)Applied blended statutory tax rate of 28.02% for the three months ended March 31, 2026.