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SHAREHOLDERS' EQUITY (Tables)
6 Months Ended
Jun. 30, 2024
Equity [Abstract]  
Schedule of Dividends Payable
The following table summarizes the dividends declared and paid on common stock:
20242023
Cash
Dividend
Per Share
Total
Dividends
(in millions)
Cash
Dividend
Per Share
Total
Dividends
(in millions)
First Quarter$0.715 $182.5 $0.605 $156.5 
Second Quarter0.715 178.6 0.605 156.3 
Total$1.43 $361.1 $1.21 $312.8 
Schedule of Share Repurchases The table below summarizes share repurchases during the three and six months ended June 30, 2024 and 2023:
Three Months EndedSix Months Ended
June 30,June 30,
2024202320242023
Treasury stock purchases (in millions)$434.4 $234.2 $979.9 $535.9 
Treasury stock purchases (shares)1,400,000 1,000,000 3,100,000 2,300,000 
Average price per share$310.29 $234.15 $316.09 $232.98