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 2025 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 #7 (June 15, 2026 to July 12, 2026)		1,610	$	305.86		—	$	1,228,373
Period #8 (July 13, 2026 to August 9, 2026)		68,865		334.60		67,256		1,205,910
Period #9 (August 10, 2026 to September 6, 2026)		150,351		343.29		149,026		1,154,751
Total		220,826	$	340.31		216,282	$	1,154,751


(1)	4,544 shares in the third quarter of 2026 were purchased as part of the Company’s employee stock payroll deduction plan at an average price of $336.09.
(2)	As of September 6, 2026, $1.15 billion remained available for future purchases of the Company’s common stock under the share repurchase program approved by our Board of Directors on April 21, 2026 for repurchases of shares of our common stock.
	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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