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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2023
Stockholders' Equity Note [Abstract]  
Shares Repurchased Under Share Repurchase Program
A summary of shares repurchased under our stock repurchase program authorized by our Board of Directors follows:
202320222021
Shares repurchased6.4 15.6 22.3 
Aggregate purchase price(1)
$863.6 $1,710.2 $2,303.2 
Average purchase price per share$134.68 $109.86 $103.18 
(1) 2023 excludes excise tax accrual imposed under the Inflation Reduction Act of $8.1 million.
Common Stock Issued With The Exercise of Stock Options
A summary of shares of common stock issued in connection with the exercise of stock options follows:
202320222021
Shares issued (in actual number of shares)
37,99671,0301,025,673
Proceeds from the exercise of stock options$1.9 $3.4 $54.5 
Average exercise price per share$50.34 $47.94 $53.13 
Shares Issued and Shares Surrendered to Satisfy Tax Withholdings in Connection With Restricted Stock Units
The following table presents a summary of shares of common stock issued in connection with the settlement of RSUs, as well as shares surrendered to AutoNation to satisfy tax withholding obligations in connection with the settlement of RSUs:
202320222021
Shares issued0.6 0.8 0.7 
Shares surrendered to AutoNation to satisfy tax withholding obligations
0.2 0.3 0.2