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SHAREHOLDERS' EQUITY (Tables)
6 Months Ended
Jun. 30, 2023
Equity [Abstract]  
Schedule of Dividends Payable
The following table summarizes the dividends declared and paid on common stock:
20232022
Cash
Dividend
Per Share
Total
Dividends
(in millions)
Cash
Dividend
Per Share
Total
Dividends
(in millions)
First Quarter$0.605 $156.5 $0.60 $150.9 
Second Quarter0.605 156.3 0.60 156.2 
Total$1.21 $312.8 $1.20 $307.1 
Schedule of Share Repurchases The table below summarizes share repurchases during the three and six months ended June 30, 2023 and 2022:
Three Months EndedSix Months Ended
June 30,June 30,
2023202220232022
Treasury stock purchases (in millions)$234.2 $296.4 $535.9 $703.5 
Treasury stock purchases (shares)1,000,000 1,100,000 2,300,000 2,550,000 
Average price per share$234.15 $269.49 $232.98 $275.89