Common Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2022

Equity [Abstract]

Weighted Average Number of Common Shares Used In the Computation of Basic and Diluted Earnings per Share

The weighted average number of shares used in the computation of net income per share was as follows:

(In thousands)	2022	2021	2020
Basic	276,852	277,430	280,386
Diluted	279,461	279,749	283,145

Schedule of Changes in Shares of Common Stock Outstanding

Changes in shares of common stock outstanding, net of treasury shares, are presented below. Shares of common stock issued and outstanding do not include shares related to unissued restricted stock units (including shares held in the grantor trust).

	2022	2021	2020
Balance, beginning of year	265,170,882	266,737,725	275,117,861
Shares issued	745,612	1,062,086	1,164,816
Shares repurchased	(1,370,394)	(2,628,929)	(9,544,952)
Balance, end of year	264,546,100	265,170,882	266,737,725