SHAREHOLDERS' EQUITY (Tables)

6 Months Ended

Jun. 30, 2022

Equity [Abstract]

Schedule of Dividends Payable

The following table summarizes the dividends declared and paid on common stock:

	2022				2021
	Cash Dividend Per Share		Total Dividends (in millions)		Cash Dividend Per Share		Total Dividends (in millions)
First Quarter	$	0.60	$	150.9	$	0.55	$	151.8
Second Quarter	0.60		156.2		0.55		145.9
Total	$	1.20	$	307.1	$	1.10	$	297.7

Schedule of Share Repurchases

The table below summarizes share repurchases during the three and six months ended June 30, 2022 and 2021:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2022		2021		2022		2021
Treasury stock purchases (millions of dollars)	$	296.4	$	870.1	$	703.5	$	1,645.5
Treasury stock purchases (shares)	1,100,000		3,100,000		2,550,000		6,400,000
Average price per share	$	269.46	$	280.70	$	275.89	$	257.12