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SHAREHOLDERS’ EQUITY (Tables)
 12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Schedule of Stock by Class
Shares
in Treasury		Shares
Outstanding
Balance at January 1, 202314,717,347 258,875,999 
Shares issued for exercise of option rights— 1,081,815 
Shares tendered as payment for option rights exercised10,467 (10,467)
Shares issued for vesting of restricted stock units— 302,713 
Shares tendered in connection with vesting of restricted stock units106,770 (106,770)
Treasury stock purchased5,600,000 (5,600,000)
Balance at December 31, 202320,434,584 254,543,290 
Shares issued for exercise of option rights— 1,879,285 
Shares tendered as payment for option rights exercised11,884 (11,884)
Shares issued for vesting of restricted stock units— 122,276 
Shares tendered in connection with vesting of restricted stock units41,867 (41,867)
Treasury stock purchased5,200,000 (5,200,000)
Balance at December 31, 202425,688,335 251,291,100 
Shares issued for exercise of option rights— 1,103,257 
Shares tendered as payment for option rights exercised7,885 (7,885)
Shares issued for vesting of restricted stock units— 176,018 
Shares tendered in connection with vesting of restricted stock units61,027 (61,027)
Treasury stock purchased4,800,000 (4,800,000)
Treasury stock retired(29,491,963)— 
Balance at December 31, 20251,065,284 247,701,463 
Schedule of Share Repurchases The table below summarizes the Company’s share repurchase activity:
202520242023
Treasury stock purchases (in millions)$1,656.4 $1,738.8 $1,432.0 
Treasury stock purchases (in shares)4,800,000 5,200,000 5,600,000 
Average price per share$345.09 $334.38 $255.72 
Schedule of Dividends Payable
The following table summarizes the dividends declared and paid on common stock:
202520242023
Cash dividend per share$3.16 $2.86 $2.42 
Total dividends (in millions)789.8 723.4 623.7