Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Share-based Payment Award, Stock Appreciation Rights, Valuation Assumptions

The weighted-average assumptions were as follows for the years ended December 31:

	2023		2022	2021
Expected life (in years)	7		7	7
Expected volatility	31	%	31	29
Expected dividend yield	3.6		3.4	3.2
Risk-free interest rate	3.8		2.7	0.9

Schedule of Share-based Compensation, Stock Appreciation Rights Award Activity

The following table summarizes SARs activity for the years ended December 31:

	2023			2022			2021
SARs (in thousands, except per share data)	Number of SARs	Weighted- Average Grant Price Per Share		Number of SARs	Weighted- Average Grant Price Per Share		Number of SARs	Weighted- Average Grant Price Per Share
Outstanding at January 1	9,112	$	22.22	11,185	$	20.47	19,258	$	18.83
Granted	253	37.19		304	46.96		322	33.53
Exercised	(2,011)	18.42		(2,358)	17.05		(8,367)	17.20
Forfeited or expired	(23)	40.36		(19)	30.43		(28)	23.01
Outstanding at December 31	7,331	$	23.72	9,112	$	22.22	11,185	$	20.47
Exercisable at December 31	6,796	$	22.44	8,487	$	20.97	10,515	$	19.80

Outstanding and Exercisable SARs by Grant Price

The following table summarizes outstanding and exercisable SARs by grant price per share at December 31, 2023:

	Outstanding SARs				Exercisable SARs
SARs (in thousands, except per share data)	Number of SARs	Weighted-Average Grant Price Per Share		Weighted- Average Remaining Contractual Life (in years)	Number of SARs	Weighted-Average Grant Price Per Share		Weighted- Average Remaining Contractual Life (in years)
$10.01-$20.00	3,373	$	17.98	1.8	3,373	$	17.98	1.8
$20.01-$30.00	2,926	25.27		2.7	2,926	25.27		2.7
$30.01-$40.00	789	34.57		7.1	413	33.36		5.8
Over $40.00	243	49.51		8.1	84	49.51		8.1
All SARs	7,331	$	23.72	3.0	6,796	$	22.44	2.5

Schedule of Share-Based Compensation, RSUs

The following table summarizes RSUs activity for the years ended December 31:

	2023			2022			2021
RSUs (in thousands, except per unit data)	Units	Weighted-Average Grant-Date Fair Value Per Unit		Units	Weighted-Average Grant-Date Fair Value Per Unit		Units	Weighted-Average Grant-Date Fair Value Per Unit
Outstanding at January 1	9,906	$	38.04	9,487	$	30.67	9,466	$	28.38
Granted	4,763	34.94		4,682	47.11		4,186	34.25
Released	(3,696)	35.04		(3,608)	30.54		(3,432)	28.87
Forfeited	(608)	38.75		(655)	37.12		(733)	29.80
Outstanding at December 31	10,365	$	37.63	9,906	$	38.04	9,487	$	30.67

Unvested RSUs by Grant-Date Fair Value

The following table summarizes outstanding RSUs by grant-date fair value per unit at December 31, 2023:

	Outstanding RSUs
RSUs (in thousands)	Units	Weighted-Average Remaining Contractual Life (in years)
Under $25.00	719	0.8
$25.01-$30.00	1,059	0.7
$30.01-$35.00	1,651	0.7
$35.01-$40.00	4,281	1.5
$40.01-$45.00	150	0.9
$45.01 and over	2,505	1.1
All RSUs	10,365	1.2

Schedule of Share-based Compensation, Stock Options, Activity

The following table summarizes stock options activity for the years ended December 31:

	2023			2022			2021
Stock Options (in thousands, except per share data)	Number of Options	Weighted-Average Exercise Price Per Share		Number of Options	Weighted-Average Exercise Price Per Share		Number of Options	Weighted-Average Exercise Price Per Share
Outstanding at January 1	312	$	21.65	409	$	21.51	793	$	20.81
Exercised	(86)	21.97		(97)	21.06		(384)	20.06
Forfeited or expired	(2)	27.71		—	—		—	—
Outstanding at December 31	224	$	21.45	312	$	21.65	409	$	21.51
Exercisable at December 31	224	$	21.45	312	$	21.65	386	$	21.31

Schedule of Outstanding And Exercisable Stock Options Exercise Price

The following table summarizes outstanding and exercisable stock options by exercise price per share at December 31, 2023:

	Outstanding Stock Options				Exercisable Stock Options
Stock Options (in thousands, except per share data)	Number of Options	Weighted-Exercise Price Per Share		Weighted-Average Remaining Contractual Life (in years)	Number of Options	Weighted-Exercise Price Per Share		Weighted-Average Remaining Contractual Life (in years)
Under $10.00	2	$	8.98	2.6	2	$	8.98	2.6
$10.01-$20.00	136	18.59		1.4	136	18.59		1.4
$20.01-$30.00	86	26.26		3.2	86	26.26		3.2
All stock options	224	$	21.45	2.1	224	$	21.45	2.1