EQUITY AND REDEEMABLE NON-CONTROLLING INTERESTS

3 Months Ended

Mar. 31, 2023

Equity [Abstract]

EQUITY AND REDEEMABLE NON-CONTROLLING INTERESTS

EQUITY AND REDEEMABLE NON-CONTROLLING INTERESTS

Repurchases of Common Stock

Repurchases of our common stock occurred under a repurchase authorization granted by our Board of Directors and related to shares withheld as part of the vesting of restricted stock units (RSUs). On November 1, 2022, our Board of Directors approved an additional $450 million repurchase authorization of our common stock. This new authorization is in addition to the amount previously authorized by the Board for repurchase. Share repurchases under our authorization were as follows:

	Repurchases Occurring in 2023			Cumulative Repurchases as of March 31, 2023
	Shares	Average Price		Shares	Average Price
Share Repurchase Authorization	—	$	—	6,904,781	$	173.59

As of March 31, 2023, we had $501.4 million available for repurchases pursuant to our share repurchase authorization.

In addition, during 2023, we repurchased 70,395 shares at an average price of $204.75 per share, for a total of $14.4 million, related to tax withholding associated with the vesting of RSUs. The repurchase of shares related to tax withholding associated with stock awards does not reduce the number of shares available for repurchase as approved by our Board of Directors.