Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Changes in Shareholders' Equity (Unaudited)

v3.22.2.2
Condensed Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock [Member]
Capital In Excess Of Par Value [Member]
Retained Earnings [Member]
Balance at Dec. 31, 2020 $ 3,326,288 $ 11,706 $ 226,451 $ 3,088,131
Balance, in shares at Dec. 31, 2020   117,058    
Net income 755,569     755,569
Share repurchases, including settlements under accelerated share repurchase programs, shares   (2,083)    
Share repurchases, including settlements under accelerated share repurchase programs (467,715) $ (209) 68,750 (536,256)
Forward contract for accelerated share repurchases (131,250)   (131,250)  
Cash dividends declared (69,387)     (69,387)
Share-based compensation and share issuances, net of forfeitures, shares   57    
Share-based compensation and share issuances, net of forfeitures 10,934 $ 6 10,928  
Taxes paid in exchange for shares withheld, shares   (21)    
Taxes paid in exchange for shares withheld (4,541) $ (2) (4,539)  
Balance at Sep. 30, 2021 3,419,898 $ 11,501 170,340 3,238,057
Balance, in shares at Sep. 30, 2021   115,011    
Balance at Jun. 30, 2021 3,402,378 $ 11,581 160,204 3,230,593
Balance, in shares at Jun. 30, 2021   115,810    
Net income 286,634     286,634
Share repurchases, including settlements under accelerated share repurchase programs, shares   (796)    
Share repurchases, including settlements under accelerated share repurchase programs (187,500) $ (80) 68,750 (256,170)
Forward contract for accelerated share repurchases (62,500)   (62,500)  
Cash dividends declared (23,000)     (23,000)
Share-based compensation and share issuances, net of forfeitures, shares   (3)    
Share-based compensation and share issuances, net of forfeitures 3,886   3,886  
Balance at Sep. 30, 2021 3,419,898 $ 11,501 170,340 3,238,057
Balance, in shares at Sep. 30, 2021   115,011    
Balance at Dec. 31, 2021 3,679,807 $ 11,501 174,445 3,493,861
Balance, in shares at Dec. 31, 2021   115,011    
Net income 1,053,230     1,053,230
Share repurchases, including settlements under accelerated share repurchase programs, shares   (4,085)    
Share repurchases, including settlements under accelerated share repurchase programs (977,301) $ (409) 162,500 (1,139,392)
Forward contract for accelerated share repurchases (100,000)   (100,000)  
Cash dividends declared (101,414)     (101,414)
Share-based compensation and share issuances, net of forfeitures, shares   55    
Share-based compensation and share issuances, net of forfeitures 12,033 $ 6 12,027  
Taxes paid in exchange for shares withheld, shares   (27)    
Taxes paid in exchange for shares withheld (8,185) $ (3) (8,182)  
Balance at Sep. 30, 2022 3,558,170 $ 11,095 240,790 3,306,285
Balance, in shares at Sep. 30, 2022   110,954    
Balance at Jun. 30, 2022 3,555,829 $ 11,224 236,991 3,307,614
Balance, in shares at Jun. 30, 2022   112,236    
Net income 377,401     377,401
Share repurchases 345,431 $ 129   345,302
Share repurchases, shares   1,282    
Cash dividends declared (33,428)     (33,428)
Share-based compensation and share issuances, net of forfeitures 3,860   3,860  
Taxes paid in exchange for shares withheld (61)   (61)  
Balance at Sep. 30, 2022 $ 3,558,170 $ 11,095 $ 240,790 $ 3,306,285
Balance, in shares at Sep. 30, 2022   110,954