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STOCK-BASED COMPENSATION PLANS (Tables) | 12 Months Ended
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Dec. 31, 2021
Share-based Payment Arrangement [Abstract] |
Income Statement Impact from Stock Options |
| Years Ended December 31,
2021 | 2020 | 2019
Compensation expense |  | $ | 55 |  |  | $ | 50 |  |  | $ | 47 |
Future income tax benefit recognized |  | 11 |  |  | 10 |  |  | 10 |
Share based compensation fair value assumptions |
| Years Ended December 31,
2021 | 2020 | 2019
Weighted average fair value per share of options granted during the year(1) |  | $ | 32.42 |  |  | $ | 21.30 |  |  | $ | 21.57 |
Assumptions: |  |  |  |  |  |
Expected annual dividend yield |  | 2.31 | % |  | 2.59 | % |  | 2.65 | %
Expected volatility |  | 24.69 | % |  | 18.76 | % |  | 18.40 | %
Risk-free rate of return |  | 0.48 | % |  | 1.32 | % |  | 2.46 | %
Expected option term (years) |  | 4.54 |  |  | 4.62 |  |  | 4.87 |
(1)Estimated on date of grant using Black-Scholes option-pricing model.
Stock Options Activity |
| Number of Options | Weighted Average Exercise Price
Outstanding at December 31, 2018 |  | 22,478,581 |  |  | $ | 97.83 |
Granted |  | 3,136,058 |  |  | 155.43 |
Exercised |  | (5,897,060) |  |  | 84.31 |
Lapsed or canceled |  | (986,017) |  |  | 136.15 |
Outstanding at December 31, 2019 |  | 18,731,562 |  |  | 109.87 |
Granted |  | 3,192,693 |  |  | 176.93 |
Exercised |  | (4,424,754) |  |  | 88.96 |
Lapsed or canceled |  | (930,972) |  |  | 156.62 |
Outstanding at December 31, 2020 |  | 16,568,529 |  |  | 125.75 |
Granted |  | 2,065,574 |  |  | 204.99 |
Exercised |  | (2,016,489) |  |  | 113.01 |
Lapsed or canceled |  | (764,675) |  |  | 175.42 |
Outstanding at December 31, 2021 |  | 15,852,939 |  |  | $ | 135.31 |
Vested and expected to vest at December 31, 2021(1) |  | 14,694,701 |  |  | $ | 131.08 |
Exercisable at December 31, 2021 |  | 10,664,625 |  |  | $ | 113.30 |
(1)Represents the sum of vested options of 10.7 million and expected to vest options of 4.0 million. Expected to vest options are derived by applying the pre-vesting forfeiture rate assumption to total outstanding unvested options of 5.2 million.
Schedule of share based compensation by price ranges |
Range of Exercise Prices | Options Outstanding |  | Options Exercisable
Number Outstanding | Weighted Average Life(1) | Weighted Average Exercise Price per share | Aggregate Intrinsic Value |  | Number Exercisable | Weighted Average Exercise Price per share | Aggregate Intrinsic Value
$27.00–$64.99 |  | 90,181 |  |  | 0.17 |  | $ | 56.97 |  |  | $ | 14 |  |  |  | 90,181 |  |  | $ | 56.97 |  |  | $ | 14 |
$65.00–$89.99 |  | 2,293,585 |  |  | 1.68 |  | 79.39 |  |  | 296 |  |  |  | 2,293,585 |  |  | 79.39 |  |  | 296 |
$90.00–$99.99 |  | 3,341,048 |  |  | 3.44 |  | 98.80 |  |  | 367 |  |  |  | 3,341,048 |  |  | 98.80 |  |  | 366 |
$100.00–$134.99 |  | 2,435,321 |  |  | 5.04 |  | 119.69 |  |  | 216 |  |  |  | 2,314,755 |  |  | 119.19 |  |  | 214 |
$135.00–$232.99 |  | 7,692,804 |  |  | 7.55 |  | 173.71 |  |  | 271 |  |  |  | 2,625,056 |  |  | 158.14 |  |  | 232 |
|  | 15,852,939 |  |  | 5.41 |  | $ | 135.28 |  |  | $ | 1,164 |  |  |  | 10,664,625 |  |  | $ | 113.30 |  |  | $ | 1,122 |
(1)Average remaining contractual life in years.
Financial Statement Impact From Stock Options Exercised |
Options Exercised | Years Ended December 31,
2021 | 2020 | 2019
Intrinsic value(1) |  | $ | 219 |  |  | $ | 379 |  |  | $ | 483 |
Tax benefit realized |  | 48 |  |  | 84 |  |  | 117 |
(1)Represents the amount by which the stock price exceeded the exercise price of the options on the date of exercise.
Restricted stock units activity | ended December 31, 2021:
| Number of Restricted Stock Units | Weighted Average Grant Date Fair Value Per Share
Non-vested at December 31, 2018 |  | 3,657,873 |  |  | $ | 125.35 |
Granted |  | 1,200,202 |  |  | 162.43 |
Vested |  | (1,160,333) |  |  | 104.32 |
Forfeited |  | (457,677) |  |  | 134.50 |
Non-vested at December 31, 2019 |  | 3,240,065 |  |  | 143.07 |
Granted |  | 1,551,675 |  |  | 158.52 |
Vested |  | (1,001,101) |  |  | 117.84 |
Forfeited |  | (394,116) |  |  | 145.42 |
Non-vested at December 31, 2020 |  | 3,396,523 |  |  | 148.23 |
Granted |  | 992,854 |  |  | 214.61 |
Vested |  | (1,123,547) |  |  | 144.34 |
Forfeited |  | (308,293) |  |  | 156.74 |
Non-vested at December 31, 2021 |  | 2,957,536 |  |  | $ | 171.73 |
Income Statement Impact from RSUs | The following table summarizes the impact to the Consolidated Statement of Operations from RSUs:
| Years Ended December 31,
2021 | 2020 | 2019
Compensation expense |  | $ | 162 |  |  | $ | 118 |  |  | $ | 106 |
Future income tax benefit recognized |  | 23 |  |  | 24 |  |  | 21 |

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