Item 1A. Risk Factors.

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Item 1A. Risk Factors.

There have been no material changes with respect to those risk factors previously disclosed in Item 1A “Risk Factors” in Part I of our 2023 Form 10-K.

It****em 2. Unregistered Sales of Equity Securities and Use of Proceeds.

c. Purchases of Equity Securities by the Issuer and Affiliated Purchasers.


							Maximum Approximate Dollar
					Total Number of Shares		Value of Shares that
	Total Number				Purchased as Part of		May Yet Be Purchased
	of Shares		Average Price Paid		Publicly Announced		Under the Program (2)
Period	Purchased (1)		Per Share		Program (2)		(in thousands)
Period #4 (March 25, 2024 to April 21, 2024)		1,014	$	496.25		—	$	1,116,333
Period #5 (April 22, 2024 to May 19, 2024)		876		523.37		—		1,116,333
Period #6 (May 20, 2024 to June 16, 2024)		1,229		522.45		—		1,116,333
Total		3,119	$	514.19		—	$	1,116,333


(1)	3,119 shares in the second quarter of 2024 were purchased as part of the Company’s employee stock payroll deduction plan at an average price of $514.19.
(2)	On February 21, 2024, the Company’s Board of Directors authorized an additional share repurchase program to repurchase up to $1.0 billion of the Company’s common stock, in addition to the $141.3 million that was previously remaining for a total authorization of $1.14 billion for future share repurchases as of that date. As of June 16, 2024, $1.12 billion remained available for future purchases of the Company’s common stock under this share repurchase program.
	Authorization for the repurchase program may be modified, suspended, or discontinued at any time. The repurchase of shares in any particular period and the actual amount of such purchases remain at the discretion of the Board of Directors, and no assurance can be given that shares will be repurchased in the future.

It****em 3. Defaults Upon Senior Securities.

None.

Ite****m 4. Mine Safety Disclosures.

Not applicable.

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