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STOCK COMPENSATION PLANS (Tables)
12 Months Ended
Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Disclosure of Share Based Compensation Arrangements by Share Based Payment Awards
Changes in options outstanding under the plans for the period indicated were as follows:
 
Number of
Options
 
Weighted-Average
Exercise Price
per Option
 
Weighted-Average
Remaining
Contractual Term
 
Aggregate
Intrinsic
Value
Outstanding at December 31, 2014
3.3

 
$
81.07

 
 
 
 
Granted

 

 
 
 
 
Exercised
(1.0
)
 
80.88

 
 
 
 
Cancelled

 

 
 
 
 
Outstanding at December 31, 2015
2.3

 
$
81.14

 
5.0
 
$
95.9

Vested and expected to vest at December 31, 2015
2.3

 
$
81.14

 
5.0
 
$
95.9

Exercisable at December 31, 2015
2.3

 
$
81.14

 
5.0
 
$
95.9

Disclosure of the Impact of Stock Options Exercised
Cash received by the Company from option exercises, the actual tax benefit realized for the tax deductions and the aggregate intrinsic value of options exercised from option exercises under all share-based payment arrangements during the years ended December 31, 2015, 2014, and 2013 were as follows:
 
2015
 
2014
 
2013
Cash received by the Company
$
82.6

 
$
98.5

 
$
158.0

Tax benefits realized
$
16.2

 
$
12.3

 
$
21.3

Aggregate intrinsic value
$
42.2

 
$
32.1

 
$
55.4

Schedule of Options Outstanding and Exercisable at December 31, 2013, by Range of Exercise Prices
The following table summarizes information concerning currently outstanding and exercisable options.
Options Outstanding
 
Options Exercisable
Range of
Exercise Prices
 
Number
Outstanding
 
Weighted Average
 
Number
Exercisable
 
Weighted
Average
Exercise
Price
 
 
Remaining
Contractual
Life
 
Average
Exercise
Price
 
 
$  6.80 - 59.37
 
0.0
 
0.3
 
$59.37
 
 
$59.37
$59.38 - 67.60
 
0.2
 
3.1
 
$60.35
 
0.2
 
$60.35
$67.61 - 75.63
 
0.6
 
3.7
 
$71.63
 
0.6
 
$71.63
$75.64 - 80.37
 
0.1
 
2.2
 
$79.59
 
0.1
 
$79.59
$80.38 - 98.49
 
1.4
 
5.8
 
$87.48
 
1.4
 
$87.48
 
 
2.3
 
5.0
 
$81.14
 
2.3
 
$81.14
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The following table shows the weighted average grant-date fair values of options issued during the respective year and the weighted average assumptions that the Company used to develop the fair value estimates:
 
2015
 
2014
 
2013
Fair value per option
N/A
 
N/A
 
N/A
Valuation assumptions
 
 
 
 
 
Weighted average expected life (in years)
N/A
 
N/A
 
N/A
Risk free interest rate
N/A
 
N/A
 
N/A
Expected volatility
N/A
 
N/A
 
N/A
Expected dividend yield
N/A
 
N/A
 
N/A
The Company uses the Black-Scholes model to calculate the fair value of the employee’s purchase right. The fair value of the employee’s purchase right and the assumptions used in its calculation are as follows:
 
2015
 
2014
 
2013
Fair value of the employee’s purchase right
$
21.95

 
$
19.48

 
$
17.22

Valuation assumptions
 

 
 

 
 

Risk free interest rate
0.3
%
 
0.1
%
 
0.1
%
Expected volatility
0.2

 
0.2

 
0.2

Expected dividend yield

 

 

Schedule of Nonvested Share Activity
The following table shows a summary of non-vested shares for the year ended December 31, 2015:

 
Number of
Shares
 
Weighted-Average
Grant Date
Fair Value
Non-vested at January 1, 2015
1.1

 
$
91.30

Granted
0.8

 
123.61

Vested
(0.3
)
 
95.44

Canceled
(0.1
)
 
111.38

Non-vested at December 31, 2015
1.5

 
$
109.00