SHAREHOLDERS' EQUITY (Tables)

9 Months Ended

Sep. 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
Third Quarter	0.60		155.8		$	0.55	145.2
Total	$	1.80	$	462.9	$	1.65	$	442.9

Schedule of Share Repurchases

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

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2022		2021		2022		2021
Treasury stock purchases (millions of dollars)	$	47.6	$	501.5	$	751.1	$	2,147.0
Treasury stock purchases (shares)	200,000		1,675,000		2,750,000		8,075,000
Average price per share	$	237.81	$	299.37	$	273.12	$	265.88