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TAXES ON INCOME - Schedule of effective income tax reconciliation (Details) - USD ($)
$ / shares in Units, $ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income Tax Disclosure [Abstract]      
Income before taxes as reported in the statements of income $ 972.1 $ 975.6 $ 928.3
Statutory tax rate in Israel 23.00% 23.00% 23.00%
Effect of “Technological preferred or Preferred Enterprise” status (11.00%) (8.00%) (13.00%)
Others, net 1.00% (1.00%) 4.00%
Effective tax rate 13.00% 14.00% 14.00%
Basic earnings per share amounts of the benefit resulting from the "Technological preferred or Preferred Enterprise" status $ 0.58 $ 0.66 $ 0.95
Diluted earnings per share amounts of the benefit resulting from the "Technological preferred or Preferred Enterprise" status $ 0.56 $ 0.65 $ 0.94