Shareholders' Equity (Narrative) (Details) - USD ($) shares in Thousands, $ in Thousands |
12 Months Ended | ||||||||
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Dec. 31, 2024 |
Dec. 31, 2023 |
Dec. 31, 2022 |
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Equity [Abstract] | |||||||||
Stock repurchase plan, authorized amount | $ 2,600,000 | ||||||||
Stock Repurchased During Period, Value | $ 317,756 | $ 184,022 | $ 286,940 | ||||||
Shareholders' Equity |
Since the inception of the Company's stock repurchase plan in 2004 through December 31, 2024, the Company's Board of Directors has authorized the repurchase of $2.6 billion of the Company's common stock, excluding excise tax. Shares of the Company's common stock may be purchased in the open market or through privately negotiated transactions, subject to market conditions, and generally settle subsequent to the trade date. The repurchase program does not obligate the Company to acquire any specific number of shares or to acquire shares over any specified period of time. Under this program as of December 31, 2024, the Company had repurchased 38.0 million shares at an aggregate purchase price of $1,972.4 million and had $627.6 million remaining available under the share repurchase program, excluding excise tax. During the years December 31, 2024 and 2023, the Company repurchased an aggregate of $317.8 million and $184.0 million, respectively, of common stock under this program, excluding excise tax.
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Aggregate shares repurchased under stock repurchase plan | 38,000 | ||||||||
Share Repurchase Program, Remaining Authorized, Number of Shares | 627,600 | ||||||||
Stock repurchased to date, value | $ 1,972,400 |
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- Definition Number of shares that have been repurchased to date under the program. No definition available.
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- Definition Equity impact of the value of stock that has been repurchased to date and has not been retired and is not held in treasury. Some state laws may mandate the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock. No definition available.
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- Definition Amount authorized for purchase of share under share repurchase plan. Includes, but is not limited to, repurchase of stock and unit of ownership. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition Number of shares remaining authorized to be purchased under share repurchase plan. Includes, but is not limited to, repurchase of stock and unit of ownership. No definition available.
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- Definition Equity impact of the value of stock that has been repurchased during the period and has not been retired and is not held in treasury. Some state laws may mandate the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The entire disclosure for equity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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