COMMON STOCK (Tables)

12 Months Ended

Dec. 31, 2024

Equity [Abstract]

Schedule of Accelerated Share Repurchases

The following table summarizes the terms of the ASR agreements (dollars and shares in millions, except per share data):

			Initial Delivery					Final Settlement
Agreement Date	Amount Paid		Shares Received	Price per Share		Value of Shares as % of Contract Value		Settlement Date	Total Shares Received	Average Price per Share
February 2023	$	200.0	2.0	$	80.44	80	%	March 2023	2.5	$	79.28
December 2023	$	400.0	4.6	$	70.31	80	%	December 2023	5.3	$	72.91
April 2024	$	150.0	1.4	$	85.95	80	%	May 2024	1.7	$	86.72
August 2024	$	500.0	5.8	$	68.93	80	%	December 2024	7.5	$	66.60

Schedule of Weighted-Average Assumptions for Options Granted

The Black-Scholes option pricing model was used with the following weighted-average assumptions for options granted during the following periods:

Option Awards

	Years Ended December 31,
	2024			2023			2022
Risk-free interest rate	4.5		%	3.4		%	3.0		%
Expected dividend yield	None			None			None
Expected volatility	30.9		%	32.8		%	31.4		%
Expected term (years)	5.3			5.1			5.0
Fair value, per share	$	31.14		$	30.97		$	34.59

Schedule of Weighted-Average Assumptions for ESPP Subscriptions

The Black-Scholes option pricing model was used with the following weighted-average assumptions for ESPP subscriptions granted during the following periods:

ESPP

	Years Ended December 31,
	2024			2023			2022
Risk-free interest rate	5.2		%	4.6		%	0.5		%
Expected dividend yield	None			None			None
Expected volatility	33.5		%	31.5		%	32.0		%
Expected term (years)	0.6			0.6			0.6
Fair value, per share	$	25.01		$	19.03		$	28.18

Schedule of Stock Option Activity

Stock option activity during the year ended December 31, 2024 under the Program and the Nonemployee Directors Program was as follows (in millions, except years and per-share amounts):

	Shares	Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term	Aggregate Intrinsic Value
Outstanding as of December 31, 2023	11.0	$	71.90
Options granted	1.5	85.46
Options exercised	(2.1)	43.12
Options forfeited	(0.4)	91.39
Outstanding as of December 31, 2024	10.0	79.15		3.4 years	$	57.9
Exercisable as of December 31, 2024	6.7	73.63		2.4 years	$	57.5
Vested and expected to vest as of December 31, 2024	9.6	78.61		3.3 years	$	57.9

Schedule of Restricted Stock Unit Activity

The following table summarizes nonvested restricted stock unit activity during the year ended December 31, 2024 under the Program and the Nonemployee Directors Program (in millions, except per-share amounts):

	Shares	Weighted- Average Grant-Date Fair Value
Nonvested as of December 31, 2023	2.1	$	94.35
Granted	2.1	85.48
Vested	(0.7)	92.79
Forfeited	(0.3)	90.13
Nonvested as of December 31, 2024	3.2	89.16