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SHAREHOLDERS' EQUITY (Details) - $ / shares | 12 Months Ended |  |
--- | --- | --- | ---
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | Nov. 30, 2022 | Feb. 28, 2015
SHAREHOLDERS' EQUITY |  |  |  |  |
Common stock, par value per share (in dollars per share) | $ 1.00 | $ 1.00 |  |  |
Common Stock, Shares Authorized | 800,000,000.0 | 800,000,000.0 |  |  |
Dividends declared per common share (in dollars per share) | $ 2.16 | $ 2.06 | $ 1.95 |  |
COMMON STOCK |  |  |  |  |
SHAREHOLDERS' EQUITY |  |  |  |  |
Common stock, par value per share (in dollars per share) | $ 1.00 | $ 1.00 | $ 1.00 |  |
Common Stock, Shares Authorized | 800,000,000 | 800,000,000 | 800,000,000 |  |
Dividends declared per common share (in dollars per share) | $ 2.16 | $ 2.06 | $ 1.95 |  |
Common stock, shares authorized to be repurchased |  |  |  |  | 20,000,000
Reacquired shares (in shares) | 83,674 | 3,038,107 | 502,132 |  |
Remaining shares authorized to be repurchased | 12,917,097 |  |  |  |
Number of shares reacquired through the open market | 0 | 2,933,090 | 389,759 |  |
Number of shares that have been repurchased through the exercise of stock options and vesting of stock awards | 83,674 | 105,017 | 112,373 |  |
COMMON STOCK | Maximum |  |  |  |  |
SHAREHOLDERS' EQUITY |  |  |  |  |
Common stock, shares authorized to be repurchased |  |  |  | 10,000,000 |
Undesignated preferred stock |  |  |  |  |
SHAREHOLDERS' EQUITY |  |  |  |  |
Preferred stock, shares authorized | 15,000,000 |  |  |  |

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