v3.26.1
Stockholders’ equity
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Stockholders’ equity Stockholders’ equity
The following table presents a summary of the Company’s share activity:
Three months endedSix months ended
June 30,June 30,
2026202520262025
Common stock:
Balance at beginning of period201,343,253 201,343,253 201,343,253 201,343,253 
Common stock issued— — — — 
   Balance at end of period201,343,253 201,343,253 201,343,253 201,343,253 
Treasury shares:
Balance at beginning of period(7,214,742)(3,208,336)(6,291,666)(2,035,323)
Share repurchases(817,995)(1,258,855)(1,744,010)(2,439,320)
Treasury shares used to settle share-based compensation awards141,361 5,237 144,300 12,689 
   Balance at end of period(7,891,376)(4,461,954)(7,891,376)(4,461,954)
Total shares outstanding at end of period193,451,877 196,881,299 193,451,877 196,881,299 
Share Repurchases
As of April 30, 2026, the Company had completed $4.7 billion in share repurchases under a September 2021 program that authorized up to $5.0 billion. On April 30, 2026, the Board authorized a new share repurchase program of up to $2 billion in aggregate purchases of common stock, replacing the prior program. As of June 30, 2026, the Company has completed $136 million in share repurchases under the April 2026 program.