Stock Repurchases (Tables)

12 Months Ended

Dec. 31, 2022

The following table summarizes our stock repurchases for the three and six months ended June 30, 2023 and 2022:


(Dollars in millions)	For the Three Months Ended June 30,
	2023			2022
Stock Repurchases	Number of Shares Repurchased	Cost		Number of Shares Repurchased	Cost
Open Market (1)	15,802	$	7.6	403,953	$	229.7
Other (2)	424	0.2		—	—
Total	16,226	$	7.8	403,953	$	229.7

(Dollars in millions)	For the Six Months Ended June 30,
	2023			2022
Stock Repurchases	Number of Shares Repurchased	Cost		Number of Shares Repurchased	Cost
Open Market (1)	15,802	$	7.6	1,205,943	$	651.7
Other (2)	33,459	15.1		1,745	1.0
Total	49,261	$	22.7	1,207,688	$	652.7

(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 June 30, 2023, we had authorization to repurchase 142,267 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 units and the conversion of restricted stock units to common stock.