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EQUITY (Tables)
12 Months Ended
Dec. 31, 2023
EQUITY [Abstract]  
Shares Purchased and Retired

in millions, except average cost

2023

2022

2021

Shares Purchased and Retired

Number

1.0 

0.0 

0.0 

Total purchase price 1

$          200.0 

$            0.0 

$            0.0 

Average cost per share

$        204.52 

$          0.00 

$          0.00 

1

The amount paid to purchase shares in excess of the par value and related excise taxes are recorded in retained earnings.

Cash Dividends Per Share of Common Stock

in millions, except per share data

2023

2022

2021

Dividends

Cash dividends

$          228.4 

$        212.6 

$        196.4 

Cash dividends per share

$            1.72 

$          1.60 

$          1.48