The company entered into an underwriting agreement to issue 10,563,381 shares of common stock at $142.00 per share. Underwriters exercised an option to purchase an additional 1,584,506 shares, bringing the total common stock offering to 12,147,887 shares. The company also initiated a $500 million offering of 0.50% convertible senior notes due 2033. Net proceeds from the combined offerings are expected to be approximately $2.15 billion after expenses. The equity offering closed on April 16, 2026, while the convertible note offering is expected to close on April 17, 2026.