SHAREHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2021

Stockholders' Equity Note [Abstract]

COMMON SHARES ISSUED AND OUTSTANDING

The following table presents changes in common shares issued and outstanding:

Year ended December 31,	2021	2020	2019
Shares issued, balance at beginning of year	176,580	176,580	176,580
Shares issued	—	—	—
Total shares issued at end of year	176,580	176,580	176,580
Treasury shares, balance at beginning of year	(92,227)	(92,621)	(92,994)
Shares repurchased	(205)	(194)	(176)
Shares reissued	626	588	549
Total treasury shares at end of year	(91,806)	(92,227)	(92,621)
Total shares outstanding	84,774	84,353	83,959

SHARE REPURCHASES

The following table presents common shares repurchased from shares held in Treasury:

Year ended December 31,	2021		2020		2019
In the open market:
Total shares	—		—		—
Total cost	$	—	$	—	$	—
Average price per share (1)	$	—	$	—	$	—
From employees:(2)
Total shares	205		194		176
Total cost	$	10,242	$	10,382	$	10,165
Average price per share(1)	$	49.93	$	53.43	$	57.66
Total shares repurchased:
Total shares	205		194		176
Total cost	$	10,242	$	10,382	$	10,165
Average price per share(1)	$	49.93	$	53.43	$	57.66

(1)    Calculated using whole numbers.

(2)    Shares are repurchased from employees to facilitate the satisfaction of their personal withholding tax liabilities that arise on the vesting of share-settled restricted stock units.

SUMMARY OF DIVIDENDS DECLARED AND PAID

The following table presents dividends declared and paid related to the Company's common and preferred shares:

	Per share data
	Dividends declared		Dividends paid in year of declaration		Dividends paid in year following declaration
Year ended December 31, 2021
Common shares	$	1.69	$	1.26	$	0.43
Series E preferred shares	$	137.50	$	103.13	$	34.38
Year ended December 31, 2020
Common shares	$	1.65	$	1.23	$	0.42
Series E preferred shares	$	137.50	$	103.13	$	34.38
Year ended December 31, 2019
Common shares	$	1.61	$	1.20	$	0.41
Series D preferred shares(1)	$	1.21	$	1.03	$	0.18
Series E preferred shares	$	137.50	$	103.13	$	34.38

(1) On January 17, 2020, the Company redeemed all 9,000,000 Series D preferred shares, for an aggregate liquidation preference of $225 million. The final dividend related to the Series D preferred shares was declared in 2019.