Stock Repurchases

12 Months Ended

Dec. 31, 2022

Equity [Abstract]

Stock Repurchases

STOCK REPURCHASES

The following table summarizes our stock repurchases for the years ended December 31, 2022, 2021, and 2020:

(Dollars in millions)	For the Years Ended December 31,
	2022			2021			2020
Stock Repurchases	Number of Shares Repurchased	Cost		Number of Shares Repurchased	Cost		Number of Shares Repurchased	Cost
Open Market (1)	1,467,481	$	773.0	2,877,060	$	1,469.1	1,267,103	$	474.3
Other (2)	24,000	11.5		7,066	2.7		15,063	6.5
Total	1,491,481	$	784.5	2,884,126	$	1,471.8	1,282,166	$	480.8

(1)Represents repurchases under authorizations by the board of directors for the repurchase of shares by us from time to time in the open market through privately negotiated transactions, through block trades, pursuant to trading plans adopted in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, or otherwise. On September 28, 2021, the board of directors authorized the repurchase of up to two million shares of our common stock in addition to the board’s prior authorizations. As of December 31, 2022, we had authorization to repurchase 158,069 shares of our common stock.

(2)Represents shares of common stock released to us by team members as payment of tax withholdings upon the vesting of restricted stock and restricted stock units and the conversion of restricted stock units to common stock.