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Shareholders' Equity
 9 Months Ended
Sep. 30, 2026
Equity [Abstract]  
Shareholders' Equity
6. SHAREHOLDERS' EQUITY
Stock Repurchase Programs
On July 22, 2025, the Board of Directors of the Company approved a common stock repurchase program of up to $500 million (the "July 2025 Stock Repurchase Program"). The July 2025 Stock Repurchase Program includes and is not in addition to the $169 million previously remaining under the March 2025 Stock Repurchase Program. Share repurchases may be made at management’s discretion from time to time in the open market (either with or without a 10b5-1 plan) or through privately negotiated transactions. The repurchase program has no time limit and may be suspended or discontinued at any time. We had approximately $382 million of repurchase authority remaining under the July 2025 Stock Repurchase Program at September 30, 2026, based on trade date.
On March 12, 2025, the Board of Directors of the Company approved a new common stock repurchase program of up to $500 million (the "March 2025 Stock Repurchase Program"). The March 2025 Stock Repurchase Program included and was not in addition to any unspent amount remaining under the prior authorizations from the 2021 Stock Repurchase Program. As described above, the March 2025 Stock Repurchase Program has since been replaced by the July 2025 Stock Repurchase Program.
During the three and nine months ended September 30, 2026 and 2025, we repurchased the following shares under our stock repurchase programs:
Three Months Ended September 30,Nine Months Ended September 30,
(in millions, except share data)2026202520262025
Repurchase Program SharesAggregate Purchase PriceSharesAggregate Purchase PriceSharesAggregate Purchase PriceSharesAggregate Purchase Price
July 2025 Stock Repurchase Program570,169 $48 373,282 $38 570,169 $48 373,282 $38 
March 2025 Stock Repurchase Program— — 142,245 15 — — 3,294,447 331 
2021 Stock Repurchase Program — — — — — — 212,012 24 
Total570,169 $48 515,527 $53 570,169 $48 3,879,741 $393 

As of September 30, 2026 and December 31, 2025, we had $4 million and $1 million, respectively, accrued for the future cash settlement of executed repurchases of our common stock.