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SHARE-BASED COMPENSATION PLANS
6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
SHARE-BASED COMPENSATION PLANS SHARE-BASED COMPENSATION PLANS
For the three months ended June 30, 2025, a total of 6,544 shares of restricted stock awards were granted: 4,630 and 1,914 restricted stock awards were granted on May 13, 2025 and June 23, 2025, respectively. The per-share fair value of the restricted stock awards was $348.41 and $339.93, respectively. For the three months ended June 30, 2024, a total of 4,016 shares of restricted stock awards were granted on May 15, 2024, with a fair value of $377.80 per share.
For the six months ended June 30, 2025, a total of 245,272 shares of restricted stock awards were granted as follows: 230,334, 7,488, 906, 4,630 and 1,914 restricted stock awards were granted on February 26, 2025, February 27, 2025, March 6, 2025, May 13, 2025 and June 23, 2025, respectively. The fair value per share of each restricted stock award was $344.48, $347.23, $359.28, $348.41 and $339.93, respectively. Additionally, 27,204 performance share unit awards were granted on February 26, 2025, with a fair value of $344.48 per unit.
For the six months ended June 30, 2024, a total of 218,959 shares of restricted stock awards were granted as follows: 207,839, 7,104 and 4,016 restricted stock awards were granted on February 28, 2024, February 29, 2024 and May 15, 2024, respectively. The fair value per share of each restricted stock award was $369.52, $367.04 and $377.80, respectively. Additionally, 18,713 performance share unit awards were granted on February 28, 2024, with a fair value of $369.52 per unit.