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STOCK-BASED COMPENSATION (Tables)
 12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Share-based Payment Arrangement, Restricted Stock Unit, Activity
The following table shows the change in non-vested Restricted Units under our equity compensation programs other than the LTIP (defined below) in 2025:
Restricted Units
(in thousands)		Weighted-Average
Grant Date
Fair Value
Non-vested as of January 1, 202525 $177.76 
Vested(58)121.77 
Granted474 95.34 
Reinvested dividends36 N/A
Forfeited / Expired(7)96.39 
Non-vested as of December 31, 2025470 $97.09 
Schedule of Share-based Payment Award, Performance Units, Valuation Assumptions
The weighted-average assumptions used in our Monte Carlo models for each award year were as follows:
202520242023
Risk-free interest rate3.86 %4.43 %3.89 %
Expected volatility28.39 %27.02 %30.23 %
Weighted-average fair value of units granted$94.38 $156.73 $198.78 
Share payout98.13 %101.92 %107.72 %
Share-Based Payment Arrangement, Performance Shares, Activity
The following table shows LTIP RPU activity during 2025:
RPUs
(in thousands)		Weighted-Average
Grant Date
Fair Value
Non-vested as of January 1, 20251,401 $174.12 
Vested(87)175.93 
Granted1,436 94.38 
Reinvested dividends179 N/A
Performance adjustments (1)
(576)197.99 
Forfeited / Expired(108)135.12 
Non-vested as of December 31, 20252,245 $116.17 
(1)    Represents the incremental performance adjustment to RPUs with a performance period ending in 2025, which vested during the year.
Share-based Payment Arrangement, Option, Activity
The following table provides an analysis of activity relating to options to purchase shares of class A common stock:
Options
(in thousands)		Weighted-Average
Exercise
Price		Weighted-Average Remaining
Contractual Term
(in years)		Aggregate Intrinsic
Value
(in millions)
Outstanding as of January 1, 20251,452 $130.08 
Exercised(24)101.93 
Granted290 95.89 
Forfeited / Expired(42)N/A
Outstanding as of December 31, 20251,676 $124.55 5.06$1 
Options Vested and Expected to Vest1,676 $124.55 5.06$1 
Exercisable as of December 31, 20251,194 $123.78 3.65$— 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The fair value of each option grant is estimated using the Black-Scholes option pricing model. The weighted-average assumptions used by year, and the calculated weighted-average fair values of options, are as follows:
202520242023
Expected dividend yield5.21 %3.96 %3.54 %
Risk-free interest rate4.08 %4.25 %3.70 %
Expected life in years6.116.135.93
Expected volatility30.35 %28.94 %28.31 %
Weighted-average fair value of options granted$18.72 $34.76 $41.08