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Common Stock Repurchase Programs
 6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Common Stock Repurchase Programs Common Stock Repurchase Programs
In January 2023, our Board of Directors authorized a plan to repurchase up to $1.0 billion of our common stock (the “January 2023 Repurchase Program”). The January 2023 Repurchase Program was completed in its entirety in the second quarter of 2025.

In April 2025, our Board of Directors authorized a plan to repurchase up to $1.0 billion of our common stock (the “April 2025 Repurchase Program”). The April 2025 Repurchase Program is expected to be completed over a period of up to three years. As of June 30, 2026, we have $733.3 million remaining available for repurchase under the April 2025 Repurchase Program.


The following tables summarize the total repurchases of our common stock pursuant to Accelerated Share Repurchase (“ASR”) agreements and Open Market Repurchase (“OMR”) programs under the January 2023 and April 2025 Repurchase Programs:

Accelerated Share Repurchase Agreements
Agreement
 Date		Repurchase
 Program		Amount Paid
(in millions)		Completion
Date		Total Shares
Received		Average Price per Share
Q4 2023January 2023$250.0 Q1 20241,086,334 $230.13 

Open Market Repurchases
Agreement
 Date		Repurchase
 Program		Amount Paid
(in millions)		Completion
Date		Total Shares
Received		Average Price per Share
Q4 2023January 2023$100.0 Q4 2023465,518 $214.81 
Q2 2024January 2023$150.0 Q2 2024598,302 $250.73 
Q4 2024January 2023$275.0 Q1 20251,241,509 $221.50 
Q1 2025January 2023$225.0 Q2 20251,339,124 $168.02 
Q3 2025April 2025$200.0 Q1 20261,390,364 $143.85 
Q2 2026April 2025$66.7 
N/A1
393,419 $169.45 
1 On May 1, 2026, we initiated a $200 million open market repurchase program which is expected to be completed by October 2026. The total number of shares to be repurchased and the average price per share are not determinable as of the filing of this Quarterly Report on Form 10-Q. The amount paid, total shares received and average price per share per the table above are determined as of June 30, 2026.

During the three months ended June 30, 2026, we repurchased approximately 0.4 million shares of our common stock under the April 2025 Repurchase Program at an average price of $169.45 per share for an aggregate purchase price of approximately $66.7 million. As of June 30, 2026, $733.3 million remained available for repurchase under the program.