XML 36 R26.htm IDEA: XBRL DOCUMENT
v3.23.1

STOCK-BASED COMPENSATION (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2023
Share-Based Payment Arrangement [Abstract] |
Schedule of Roll Forward of Stock Options | The following table summarizes the status of, and changes in, our stock options during the three months ended March 31, 2023.
| Options |  | Weighted- average exercise price
Outstanding at December 31, 2022 | 2,218,506 |  |  | $ | 74.31 |
Exercised | (252,013) |  |  | $ | 70.28 |
Outstanding at March 31, 2023 | 1,966,493 |  |  | $ | 74.83 |
Exercisable at March 31, 2023 | 1,966,493 |  |  | $ | 74.83 |
Schedule of Roll Forward of Nonvested Restricted Shares and Restricted Stock Units | The following table summarizes the status of, and changes in, our nonvested restricted shares and restricted stock units during the three months ended March 31, 2023.
| Restricted shares |  | Restricted stock units |  | Weighted-average fair value
Nonvested at December 31, 2022 | 8,715 |  |  | 5,901,600 |  |  | $ | 142.37 |
Time-based grants | — |  |  | 16,664 |  |  | $ | 114.04 |
Dividend equivalents granted to non-employee directors | — |  |  | 1,036 |  |  | $ | 110.37 |
Vested | — |  |  | (65,827) |  |  | $ | 101.60 |
Forfeited | — |  |  | (33,039) |  |  | $ | 141.24 |
Nonvested at March 31, 2023 | 8,715 |  |  | 5,820,434 |  |  | $ | 142.75 |
Schedule of Future Stock-based Compensation Expense | The following table presents the compensation expense to be recognized over the remaining vesting periods of the stock-based awards outstanding at March 31, 2023. Estimated future compensation expense will change to reflect future grants of restricted stock awards and units, future option grants, changes in the probability of performance thresholds being met, and adjustments for actual forfeitures.
(in millions) |
Second quarter 2023 | $ | 59.0 |
Third quarter 2023 | 57.8 |
Fourth quarter 2023 | 50.6 |
2024 | 121.5 |
2025 through 2029 | 96.1 |
Total | $ | 385.0 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References No definition available. + Details
Name: | us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of cost not yet recognized and weighted-average period over which cost is expected to be recognized for nonvested award under share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (i) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfUnrecognizedCompensationCostNonvestedAwardsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration