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Stock Compensation (Tables)
12 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-Based Compensation Arrangements by Share-based Payment Award A summary of the awards granted in 2022 is presented below:
Expected to be Settled in EquityExpected to be Settled in CashTotal Awards Granted
Performance-based restricted stock units194,875 8,755 203,630 
Time-based restricted stock units155,470 5,845 161,315 
Deferred shares19,500 — 19,500 
Schedule of Restricted Share Activity
A summary of stock award activity, including performance-based restricted stock units, time-based restricted stock units and deferred shares that will settle in common shares for the year ended December 31, 2022 is as follows:
Number of SharesWeighted-average
Grant Date Fair Value
Outstanding - beginning of year993,971 $56.06 
Granted - new awards369,845 66.49 
Adjusted for performance results achieved (1)
(12,836)42.60 
Vested(386,594)48.33 
Canceled or expired(26,415)64.13 
Outstanding - end of year937,971 $63.61 
(1) Adjustments for the number of shares vested under the 2019 awards at the end of the three-year period ended December 31, 2021 being slightly lower than the target number of shares.
Schedule of Stock Option Activity
A summary of stock option award activity for the year ended December 31, 2022 is presented below:
Number of SharesWeighted-average Exercise PriceWeighted-average Remaining Contractual TermAggregate Intrinsic Value (millions)
Outstanding - beginning of year1,217,945 $41.59 
Exercised(295,695)41.54 
Canceled or expired(940)43.44 
Outstanding - end of year921,310 $41.61 6 years$26.8 
Options expected to vest921,310 41.61 6 years26.8 
Options exercisable810,445 41.37 6 years23.7