v3.25.4
SHARE-BASED INCENTIVE PLANS (Tables)
12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Weighted Average Assumptions Based on the results of the model, the weighted-average grant date fair value of stock options granted for 2024 and 2023 were $24.05 and $37.55, respectively, using the following assumptions: 
Weighted Average Black-Scholes Assumptions202520242023
Risk-free interest rate4.3 %4.3 %4.0 %
Expected volatility42.4 %40.4 %39.8 %
Expected dividend yield7.0 %6.7 %5.0 %
Expected option life, in years555
Schedule of Stock Option Activity
The following table summarizes stock option activity during 2025:
In thousands, except per share dataNumber
of Options
Weighted-
Average
Exercise Price
Outstanding at January 11,198 $153.09 
Granted  
Exercised(4)79.56 
Canceled or expired(113)179.93 
Outstanding at December 311,081 $150.54 
Exercisable at December 31827 $161.02 
Schedule of Additional Information Related to Stock Options Outstanding
The table below summarizes additional information related to stock options outstanding at December 31, 2025:
Options in thousands / dollars in millions, except per-share dataOutstanding Net of
Expected Forfeitures
Options
Exercisable
Number of options1,071 827 
Weighted-average exercise price per share$150.91 $161.02 
Aggregate intrinsic value$ $ 
Weighted-average remaining contractual term, in years55
Schedule of Stock Unit Activity
The following table summarizes stock unit activity during 2025:
Stock units in thousands, except per-share dataNumber of
Stock Units
Weighted- Average
Grant Date Fair
Value
Non-vested, at January 1993 $116.92 
Granted585 81.72 
Canceled(105)104.47 
Vested and transferred to unrestricted(199)134.80 
Non-vested, at December 311,274 $93.66