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STOCK-BASED COMPENSATION (Tables) | 12 Months Ended
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Dec. 31, 2021
Share-based Payment Arrangement, Noncash Expense [Abstract] |
Share-based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block] | As of December 31, 2021, we had the following outstanding RPUs, including reinvested dividends, granted under the MIP:
| RPUs (in thousands) |  | Weighted-Average Grant Date Fair Value |  |  |  |
Non-vested as of January 1, 2021 | 2,293 |  |  | $ | 102.91 |  |  |  |  |
Vested | (5,452) |  |  | 109.35 |  |  |  |  |
Granted | 6,618 |  |  | 165.27 |  |  |  |  |
Reinvested Dividends | 129 |  |  | N/A |  |  |  |
Forfeited / Expired | (121) |  |  | 159.78 |  |  |  |  |
Non-vested as of December 31, 2021 | 3,467 |  |  | $ | 163.32 |  |  |  |  |
Schedule of Share-based Payment Award, Performance Units, Valuation Assumptions [Table Text Block] | The weighted-average assumptions used in our Monte Carlo models for each award year were as follows:
| 2021 |  | 2020 |  | 2019
Risk-free interest rate | 0.19 | % |  | 0.15 | % |  | 2.23 | %
Expected volatility | 30.70 | % |  | 27.53 | % |  | 19.64 | %
Weighted-average fair value of units granted | $ | 168.05 |  |  | $ | 92.77 |  |  | $ | 123.44 |
Share payout | 102.39 | % |  | 101.00 | % |  | 115.04 | %
Share-based Payment Arrangement, Performance Shares, Outstanding Activity [Table Text Block] | As of December 31, 2021, we had the following RPUs outstanding, including reinvested dividends, that were granted under our LTIP program:
| RPUs (in thousands) |  | Weighted-Average Grant Date Fair Value |  |  |  |
Non-vested as of January 1, 2021 | 1,004 |  |  | $ | 104.15 |  |  |  |  |
Vested | (919) |  |  | 115.40 |  |  |  |  |
Granted | 1,659 |  |  | 168.10 |  |  |  |  |
Reinvested Dividends | 50 |  |  | N/A |  |  |  |
Forfeited / Expired | (158) |  |  | 149.90 |  |  |  |  |
Non-vested as of December 31, 2021 | 1,636 |  |  | $ | 159.34 |  |  |  |  |
Share-based Payment Arrangement, Option, Activity [Table Text Block] | The following is an analysis of options to purchase shares of class A common stock issued and outstanding:
| Options (in thousands) |  | Weighted-Average Exercise Price |  | Weighted-Average Remaining Contractual Term (in years) |  | Aggregate Intrinsic Value (in millions)
Outstanding at January 1, 2021 | 1,564 |  |  | $ | 103.60 |  |  |  |  |
Exercised | (176) |  |  | 99.74 |  |  |  |  |
Granted | 211 |  |  | 165.58 |  |  |  |  |
Forfeited / Expired | — |  |  | — |  |  |  |  |
Outstanding as of December 31, 2021 | 1,599 |  |  | $ | 112.18 |  |  | 6.46 |  | $ | 163 |
Options Vested and Expected to Vest | 1,599 |  |  | $ | 112.18 |  |  | 6.46 |  | $ | 163 |
Exercisable as of December 31, 2021 | 1,050 |  |  | $ | 104.15 |  |  | 5.52 |  | $ | 116 |
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] | The fair value of each option grant is estimated using the Black-Scholes option pricing model. The weighted-average assumptions used by year, and the calculated weighted-average fair values of options, are as follows:
| 2021 |  | 2020 |  | 2019
Expected dividend yield | 3.31 | % |  | 3.51 | % |  | 2.94 | %
Risk-free interest rate | 0.84 | % |  | 1.26 | % |  | 2.60 | %
Expected life in years | 7.5 |  | 7.5 |  | 7.5
Expected volatility | 23.15 | % |  | 19.25 | % |  | 17.79 | %
Weighted-average fair value of options granted | $ | 23.71 |  |  | $ | 11.74 |  |  | $ | 16.34 |

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- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + 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 (c)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- 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 http://asc.fasb.org/extlink&oid=120381028&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 http://asc.fasb.org/extlink&oid=120381028&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 http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + 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 (f)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the number and weighted-average grant date fair value for outstanding performance shares. + 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 (c) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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