EQUITY |
6 Months Ended | ||||||||||||||||||||||||||||||||
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Jun. 30, 2026 | |||||||||||||||||||||||||||||||||
| Equity [Abstract] | |||||||||||||||||||||||||||||||||
| EQUITY | EQUITY Repurchases of Common Stock Repurchases of our common stock occurred under a repurchase authorization granted by our Board and related to shares withheld as part of the vesting of RSUs. In May 2026, our Board approved an additional $500 million repurchase authorization of our common stock. This authorization, when added to the amounts previously authorized by the Board for repurchase, brings the total authorizations up to $3.7 billion. Share repurchases under our authorizations were as follows:
1Price excludes excise taxes imposed under the Inflation Reduction Act of $4.8 million for the six months ended June 30, 2026. As of June 30, 2026, we had $620.5 million available for repurchases pursuant to our share repurchase authorizations from our Board in 2026 and prior years. In addition, during 2026, we repurchased 115,286 shares at an average price of $332.28 per share, for a total of $38.3 million, related to tax withholding associated with the vesting of RSUs. The repurchase of shares related to tax withholding associated with stock awards does not reduce the number of shares available for repurchase as approved by our Board.
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- References No definition available.
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- Definition The entire disclosure for equity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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