Stock-Based Compensation (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Stock-Based Compensation |
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| Schedule of stock option activity |
| | | | | | | | | | | | | | | | | | | Weighted | | | | | | | | | | | Average | | Aggregate | | | | | | Weighted | | Remaining | | Intrinsic | | | | | | Average | | Contractual | | Value | | | | Options | | Exercise Price | | Term (in years) | | (in millions) | | Options outstanding at January 1, 2026 | | 88,821,121 | | $ | 36.62 | | 5.43 | | $ | 8,753.6 | | Options granted | | 41,924 | | | 138.11 | | | | | | | Options exercised | | (4,082,462) | | | 23.52 | | | | | | | Options forfeited | | (67,835) | | | 53.92 | | | | | | | Options outstanding at March 31, 2026 | | 84,712,748 | | | 37.29 | | 5.29 | | | 7,545.2 | | Options granted | | 6,289,205 | | | 132.37 | | | | | | | Options exercised | | (4,840,469) | | | 26.10 | | | | | | | Options forfeited | | (150,233) | | | 66.80 | | | | | | | Options outstanding at June 30, 2026 | | 86,011,251 | | $ | 44.82 | | 5.51 | | $ | 11,310.6 | | Vested and non-vested options expected to vest at June 30, 2026 | | 84,418,678 | | $ | 44.09 | | 5.45 | | $ | 11,163.0 | | Exercisable options at June 30, 2026 | | 61,262,658 | | $ | 30.70 | | 4.40 | | $ | 8,921.1 | |
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| Summary of status of non-vested options and changes during the year |
| | | | | | | | | | | Weighted | | | | | | Average | | | | | | Fair Value at | | | | Options | | Grant Date | | Non-vested options at January 1, 2026 | | 29,426,936 | | $ | 15.58 | | Options granted | | 41,924 | | | 37.69 | | Options vested | | (411,059) | | | 11.68 | | Options forfeited | | (67,835) | | | 14.88 | | Non-vested options at March 31, 2026 | | 28,989,966 | | | 15.67 | | Options granted | | 6,289,205 | | | 39.40 | | Options vested | | (10,383,345) | | | 12.57 | | Options forfeited | | (147,233) | | | 19.26 | | Non-vested options at June 30, 2026 | | 24,748,593 | | $ | 22.98 | |
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| Summary of activity in the option plans |
| | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | | | June 30, | | June 30, | | | | 2026 | | 2025 | | 2026 | | 2025 | | Total intrinsic value of stock options exercised | | $ | 615.6 | | $ | 761.4 | | $ | 1,120.0 | | $ | 901.7 | | Total fair value of stock options vested | | | 130.5 | | | 110.6 | | | 135.3 | | | 112.9 | |
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| Schedule of restricted share activity |
Restricted share activity for the three and six months ended June 30, 2026 was as follows: | | | | | | | | | | | | | | | | Weighted Average | | | | | | | | Remaining | | | | Restricted | | Fair Value at | | Amortization | | | | Shares | | Grant Date | | Term (in years) | | Restricted shares outstanding at January 1, 2026 | | 16,520 | | $ | 86.88 | | 0.37 | | Restricted shares granted | | 548 | | | 136.25 | | | | Restricted shares outstanding at March 31, 2026 | | 17,068 | | | 88.47 | | 0.13 | | Shares vested and issued | | (17,068) | | | 88.47 | | | | Restricted shares granted | | 10,864 | | | 132.06 | | | | Restricted shares outstanding at June 30, 2026 | | 10,864 | | $ | 132.06 | | 0.88 | |
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