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EQUITY
6 Months Ended
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:
 
Repurchases Occurring in 2026
Cumulative Repurchases as of
June 30, 2026
 
Shares
Average Price1
Shares
Average Price
Share Repurchase Authorization
1,795,491
$279.07
13,092,455
$231.39
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.