STOCK BASED COMPENSATION PLANS - Share-based Compensation Fair Value Assumptions (Details) - Stock Incentive Plan - Share-based Payment Arrangement, Option - $ / shares |
12 Months Ended | ||
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Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
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| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
| Weighted average fair value per share of options granted during the year (in dollars per share) | $ 43.69 | $ 37.88 | $ 38.84 |
| Assumptions | |||
| Expected annual dividend yield | 2.55% | 2.60% | 2.50% |
| Expected volatility | 23.21% | 21.45% | 22.42% |
| Risk-free rate of return | 4.03% | 4.08% | 3.94% |
| Expected option term (years) | 4 years 11 months 1 day | 4 years 10 months 13 days | 4 years 10 months 9 days |
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- Definition Weighted Average Assumptions No definition available.
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- Definition The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The weighted average grant-date fair value of options granted during the reporting period as calculated by applying the disclosed option pricing methodology. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Expected term of award under share-based payment arrangement, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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