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EQUITY (Tables)
12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Schedule of Shares Purchased and Retired
Our common stock purchases (all of which were open market purchases) and subsequent retirements for the years ended December 31 are summarized below:
in millions, except average cost202420232022
Number of shares purchased and retired0.31.00.0
Total purchase price 1
$68.8 $200.0 $0.0 
Average cost per share$254.71 $204.52 $0.00 
1The amount paid to purchase shares in excess of the par value and related excise taxes are recorded in retained earnings.
Schedule of Cash Dividends Per Share of Common Stock
Dividends for the years ended December 31 were as follows:
in millions, except per share data202420232022
Cash dividends$244.4 $228.4 $212.6 
Cash dividends per share$1.84 $1.72 $1.60