Share-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Share-Based Payment Award, Restricted Stock Units, Valuation Assumptions

The fair value of the portion of the award subject to the Market Condition was calculated using a Monte Carlo simulation pricing model based on the assumptions in the table below, which resulted in the following grant date fair value per share.

	Fair Value Assumptions
Valuation date	February 6, 2023
Fair value per share on valuation date (1)	$40.10
Expected share price volatility	35.0%
Risk-free interest rate	4.12%

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(1)For one participant, the fair value per share on the valuation date for their 2023 Performance-Based RSUs is $40.43.