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SHARE-BASED PAYMENTS (Tables)
12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-based Compensation, Activity The following tables set forth activity and various statistics for our restricted stock unit awards:
Number of
Units
Weighted
Average Price
Nonvested Dec. 31, 2023 (a)1,724,565 $62.08 
Granted512,427 $75.42 
Released to participants (b)
(808,544)$58.60 
Forfeited (b)
(68,326)$71.14 
Nonvested Dec. 31, 2024 (c)1,360,122 $68.71 
(a) - Includes 847,120 unvested restricted stock unit awards granted in conjunction with the Magellan Acquisition.
(b) - Includes 509,077 restricted stock unit awards released to participants and forfeited in conjunction with the Magellan Acquisition.
(c) - Includes 338,043 restricted stock that remain unvested related to the Magellan Acquisition.

 202420232022
Weighted-average grant date fair value (per share)$75.42 $66.50 $60.96 
Fair value of units granted (millions of dollars)$39 $111 $20 
Grant date fair value of units vested (millions of dollars)$47 $48 $14 
The following tables set forth activity and various statistics related to the performance unit awards and the assumptions used in the valuations at the respective grant dates:
Number of
Units
Weighted
Average Price
Nonvested Dec. 31, 20231,094,940 $75.22 
Granted452,360 $85.69 
Released to participants(418,357)$62.32 
Forfeited(29,244)$82.10 
Nonvested Dec. 31, 20241,099,699 $84.25 
 202420232022
Volatility (a)29.00%63.30%61.10%
Dividend yield5.40%5.75%6.15%
Risk-free interest rate4.46%4.43%1.78%
(a) - Volatility was based on historical volatility over three years using daily stock price observations.
 202420232022
Weighted-average grant date fair value (per share)$85.69 $87.46 $79.05 
Fair value of units granted (millions of dollars)$39 $32 $32 
Grant date fair value of units vested (millions of dollars)$26 $21 $20