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SHARE-BASED COMPENSATION PLANS (Tables)
12 Months Ended
Dec. 31, 2023
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Schedule of Shareholder Approved Plans
A summary of the option activity under the Company’s shareholder approved plans as of December 31, 2022 and 2021, and changes during the year then ended is presented in the following tables:
(Aggregate Intrinsic Value in millions; Shares in whole amounts)SharesWeighted-
Average
Exercise
Price/Share
Weighted-
Average
Remaining
Contractual
Term
Aggregate
Intrinsic
Value
Options
Outstanding at January 1, 202249,028 $88.52 
Granted— — 
Exercised49,028 88.52 
Forfeited/Cancelled/Expired— — 
Outstanding at December 31, 2022— — 0$— 
.
Exercisable at December 31, 2022— — 0$— 
(Aggregate Intrinsic Value in millions; Shares in whole amounts)SharesWeighted-
Average
Exercise
Price/Share
Weighted-
Average
Remaining
Contractual
Term
Aggregate
Intrinsic
Value
Options
Outstanding at January 1, 2021116,871 $87.87 
Granted— — 
Exercised67,843 87.39 
Forfeited/Cancelled/Expired— — 
Outstanding at December 31, 202149,028 88.52 0.2$
.
Exercisable at December 31, 202149,028 88.52 0.2$
Schedule of Non-Vested Shares and Changes
The following table summarizes the status of the Company’s restricted non-vested shares and changes for the periods indicated:
Years Ended December 31,
202320222021
Restricted (non-vested) SharesSharesWeighted-
Average
Grant Date
Fair Value
SharesWeighted-
Average
Grant Date
Fair Value
SharesWeighted-
Average
Grant Date
Fair Value
Outstanding at January 1,479,630$268.82 496,094$247.76 483,427$246.60 
Granted181,646382.01 203,598300.38 213,901243.51 
Vested155,110261.60 162,579246.41 158,735238.67 
Forfeited44,629297.23 57,483262.28 42,499247.02 
Outstanding at December 31,461,537313.05 479,630268.82 496,094247.76 
Schedule of Non-Vested Performance Share Unit Awards
The following table summarized the status of the Company’s non-vested performance share unit awards and changes for the period indicated:
Years Ended December 31,
202320222021
Performance Share Unit AwardsSharesWeighted-
Average
Grant Date
Fair Value
SharesWeighted-
Average
Grant Date
Fair Value
SharesWeighted-
Average
Grant Date
Fair Value
Outstanding at January 1,54,861$— 50,495$— 38,891$— 
Granted14,975382.39 18,340301.54 22,205242.24 
Increase/(Decrease) on vesting units due to performance-4,063— 3,028— (800)— 
Vested14,023340.44 15,919274.37 9,801242.24 
Forfeited750— 1,083— 0— 
Outstanding at December 31,51,000— 54,861— 50,495—