STOCK-BASED COMPENSATION - Weighted-Average Assumptions and Fair Values Used of Performance Units Granted (Details) - Long-Term Incentive Performance Award - $ / shares |
6 Months Ended | |
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Jun. 30, 2024 |
Jun. 30, 2023 |
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| Stockholders Equity Note [Line Items] | ||
| Risk-free interest rate | 4.45% | 3.81% |
| Expected volatility | 27.00% | 30.30% |
| Weighted-average fair value of units granted (in dollars per share) | $ 157.91 | $ 199.95 |
| Share payout | 102.20% | 107.80% |
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- Definition Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Share Payout No definition available.
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- Definition The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Details
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