SHARE-BASED INCENTIVE PLANS (Tables)

12 Months Ended

Dec. 31, 2022

Share-Based Payment Arrangement [Abstract]

Schedule of Black-Scholes Assumptions

Based on the results of the model, the weighted-average grant date fair value of stock options granted for 2022, 2021, and 2020 were $53.16, $52.44 and $29.53, respectively, using the following assumptions: 

Weighted Average Black-Scholes Assumptions	2022		2021		2020
Risk-free interest rate	1.9	%	0.5	%	1.4	%
Expected volatility	37.4	%	37.7	%	29.3	%
Expected dividend yield	2.9	%	2.5	%	3.2	%
Expected option life, in years	5		5		5

Schedule of Stock Option Activity

The following table summarizes stock option activity during 2022:

In thousands, except per share data	Number of Options	Weighted- Average Exercise Price
Outstanding at January 1	844	$	173.08
Granted	183	196.62
Exercised	(28)	129.22
Canceled or expired	(16)	182.63
Outstanding at December 31	983	$	178.57
Exercisable at December 31	629	$	173.21

Schedule of Additional Information Related to Stock Options Outstanding

The table below summarizes additional information related to stock options outstanding at December 31, 2022:

Options in thousands / dollars in millions, except per-share data	Outstanding Net of Expected Forfeitures		Options Exercisable
Number of options	976		629
Weighted-average exercise price per share	$	178.46	$	173.21
Aggregate intrinsic value	$	1	$	1
Weighted-average remaining contractual term, in years	6		4

Schedule of Stock Unity Activity

The following table summarizes stock unit activity during 2022:

Stock units in thousands, except per-share data	Number of Stock Units	Weighted- Average Grant Date Fair Value
Non-vested, at January 1	1,022	$	155.92
Granted	561	158.27
Canceled	(59)	172.21
Vested and transferred to unrestricted	(361)	133.53
Non-vested, at December 31	1,163	$	161.51