v3.24.1.u1
Share-Based Incentive Compensation
 3 Months Ended
Mar. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Share-Based Incentive Compensation SHARE-BASED INCENTIVE COMPENSATION
The following information relates to fully vested stock option awards at March 31, 2024:
                                           Stock OptionsNumberWeighted
Average
Exercise
Price		Weighted
Average
Contractual
Life
Remaining		Aggregate
Intrinsic
Value
($ in millions)
Vested at end of period (1)
6,832,710 $146.39 6.0 years$572 
Exercisable at end of period5,162,950 $132.57 5.1 years$504 
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(1)Represents awards for which the requisite service has been rendered, including those that are retirement eligible.
The total compensation cost for all share-based incentive compensation awards recognized in earnings was $79 million and $69 million for the three months ended March 31, 2024 and 2023, respectively. The related tax benefits recognized in earnings were $12 million and $11 million for the three months ended March 31, 2024 and 2023, respectively.
The total unrecognized compensation cost related to all nonvested share-based incentive compensation awards at March 31, 2024 was $380 million, which is expected to be recognized over a weighted-average period of 2.2 years.