Shareholders' Equity (Narrative) (Details) - USD ($) $ in Thousands |
3 Months Ended | 9 Months Ended | |||||||
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Sep. 30, 2021 |
Sep. 30, 2022 |
Sep. 30, 2021 |
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Equity [Abstract] | |||||||||
Stock repurchase plan, authorized amount | $ 2,000,000 | ||||||||
Stock Repurchased During Period, Value | $ 72,342 | $ 286,940 | $ 127,208 | ||||||
Shareholders' Equity |
Since the inception of the Company's stock repurchase plan in 2004 through September 30, 2022, the Company's Board of Directors has authorized the repurchase of $2.0 billion of the Company's common stock, including an additional $500 million approved by the Company’s Board of Directors at its regular board meeting in April 2022. 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 September 30, 2022, the Company had repurchased 31.7 million shares at an aggregate purchase price of $1,470.6 million and had $529.4 million remaining available. During the nine months ended September 30, 2022, the Company repurchased an aggregate of $286.9 million of the Company's common stock under this program. The Company did not repurchase common stock during the three months ended September 30, 2022.
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- References No definition available.
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- Definition Amount of stock repurchase plan authorized. 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 shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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