Quarterly report [Sections 13 or 15(d)]

STOCK-BASED COMPENSATION (Tables)

v3.26.1
STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule Of Share-Based Payment Award, Valuation Assumptions
The weighted-average assumptions used and the weighted-average fair values of the LTIP RPU awards granted during the six months ended June 30, 2026 and 2025 are as follows:
2026 2025
Risk-free interest rate 3.88  % 3.86  %
Expected volatility 28.90  % 28.39  %
Weighted-average fair value of units granted
$ 106.08  $ 94.52 
Share payout 106.20  % 98.13  %
The weighted-average assumptions used and the weighted-average fair values of options granted during the six months ended June 30, 2026 and 2025 are as follows:
2026 2025
Expected dividend yield 6.65  % 5.21  %
Risk-free interest rate 3.94  % 4.08  %
Expected life (in years) 6.25 6.11
Expected volatility 30.38  % 30.35  %
Weighted-average fair value of options granted
$ 18.37  $ 18.72