COMMON STOCK REPURCHASE PROGRAM |
6 Months Ended |
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Jun. 30, 2026 | |
| Equity [Abstract] | |
| COMMON STOCK REPURCHASE PROGRAM | COMMON STOCK REPURCHASE PROGRAM During the three and six months ended June 30, 2026, we repurchased 2.3 million shares of our common stock at a cost of $250.6 million, including commissions. During the three months ended June 30, 2025, we repurchased 1.3 million shares of our common stock at a cost of $133.2 million, including commissions. During the six months ended June 30, 2025, we repurchased 1.9 million shares of our common stock at a cost of $194.1 million, including commissions. As of June 30, 2026, and December 31, 2025, we had an accrual recorded for the stock repurchase excise tax of $2.3 million and $5.5 million, respectively, which is reported in ‘Accrued expenses and other liabilities’ and ‘Treasury stock’ in our condensed consolidated balance sheets. As of June 30, 2026, we had remaining authorization to repurchase $496.2 million of our common stock, subject to restrictions under our Indentures, Credit Agreement, and Term Loan B Credit Agreement. On July 27, 2026, the Board approved a $1.5 billion increase to our share repurchase authorization, after which approximately $2.0 billion remained available for future common stock repurchases.
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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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