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SHORT-TERM BORROWINGS AND LONG-TERM DEBT (Details) - USD ($) | 1 Months Ended |  |  |  |
--- | --- | --- | --- | --- | ---
Dec. 31, 2021 | Nov. 30, 2021 | Jan. 01, 2022 | Oct. 31, 2021 | Apr. 03, 2021 | Dec. 26, 2020
Debt Instrument [Line Items] |  |  |  |  |  |
Ratio of consolidated indebtedness to consolidated capitalization, 2023 |  | 70.00% |  |  |  |
Ratio of consolidated indebtedness to consolidated capitalization, 2024 |  | 65.00% |  |  |  |
Ratio of consolidated indebtedness to consolidated capitalization, thereafter |  | 60.00% |  |  |  |
Short-term borrowings |  |  | $ 106,010,000 |  | $ 11,061,000 | $ 299,748,000
Notes Payable to Banks |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Short-term borrowings |  |  | $ 99,000,000 |  |  |
Global Credit Facility |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Credit facility amount outstanding |  | $ 2,250,000,000 |  | $ 2,250,000,000 |  |
Line of credit facility, extension period |  | 1 year |  |  |  |
Line of credit facility, remaining life limit |  | 5 years |  |  |  |
Commitment fee percentage |  | 0.09% |  |  |  |
Global Credit Facility | London Interbank Offered Rate (LIBOR) |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Basis spread on variable rate |  | 0.91% |  |  |  |
Global Credit Facility | Letter of Credit |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Credit facility amount outstanding |  | $ 75,000,000 |  |  |  |
2.050% Senior Notes Due 2022 | Senior Notes |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Debt instrument, face amount | $ 500,000,000 |  |  |  |  |
Interest rate | 2.05% |  |  |  |  |
Interest rate percentage above effective rate | 0.387% |  |  |  |  |
Redemption premium | $ 3,200,000 |  |  |  |  |
Unamortized original issue discount and debt issuance costs | $ 500,000 |  |  |  |  |

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