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SHAREHOLDERS' EQUITY (Tables)
3 Months Ended
Mar. 31, 2024
Equity [Abstract]  
Schedule of Dividends Payable
The following table summarizes the dividends declared and paid on common stock:
20242023
Cash
Dividend
Per Share
Total
Dividends
(in millions)
Cash
Dividend
Per Share
Total
Dividends
(in millions)
First Quarter$0.715 $182.5 $0.605 $156.5 
Schedule of Share Repurchases The table below summarizes share repurchases during the three months ended March 31, 2024 and 2023:
Three Months Ended
March 31,
20242023
Treasury stock purchases (in millions)$545.5 $301.7 
Treasury stock purchases (shares)1,700,000 1,300,000 
Average price per share$320.86 $232.08