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SHARE-BASED COMPENSATION PLANS
9 Months Ended
Sep. 30, 2023
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
SHARE-BASED COMPENSATION PLANS SHARE-BASED COMPENSATION PLANS
For the three months ended September 30, 2023, a total of 4,580 restricted stock awards were granted on September 8, 2023, with a fair value of $369.15 per share. For the three months ended September 30, 2022, a total of 4,070 restricted stock awards were granted on September 8, 2022 with a fair value of $283.72 per share.
For the nine months ended September 30, 2023, a total of 179,676 restricted stock awards were granted: 174,171, 925 and 4,580 restricted share awards were granted on February 23, 2023, May 18, 2023 and September 8, 2023 with a fair value of $382.39 per share, $372.91 per share and $369.15 per share, respectively. Also, 14,975 performance share unit awards were granted on February 23, 2023, with a fair value of $382.39 per share.
For the nine months ended September 30, 2022, a total of 203,208 restricted stock awards were granted: 187,760, 9,048, 2,330 and 4,070 restricted share awards were granted on February 23, 2022, February 24, 2022, May 10, 2022 and September 8, 2022, with a fair value of $301.54 per share, $287.94 per share, $280.98 per share and $283.72 per share, respectively. Additionally, 18,340 performance share unit awards were granted on February 23, 2022, with a fair value of $301.54 per unit.