Annual report pursuant to Section 13 and 15(d)

Stock Incentive Plan - Weighted Average Assumptions (Details)

v3.22.4
Stock Incentive Plan - Weighted Average Assumptions (Details) - $ / shares
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Weighted average grant-date fair value (in dollars per share) $ 28.91 $ 18.36 $ 14.79
Employee Stock Option      
Weighted average assumptions under the Monte Carlo simulation model:      
Expected dividend yield 0.90% 1.10% 1.10%
Expected stock price volatility 28.70% 28.90% 24.10%
Risk-free interest rate 1.90% 0.60% 1.50%
Expected life of awards (years) 5 years 7 months 6 days 5 years 9 months 18 days 5 years 10 months 24 days
Performance Shares      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Weighted average grant-date fair value (in dollars per share) $ 127.29 $ 87.33 $ 69.15
Weighted average assumptions under the Monte Carlo simulation model:      
Expected stock price volatility 35.50% 34.50% 23.50%
Risk-free interest rate 1.60% 0.20% 1.40%