Share-Based Incentive Compensation |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 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 June 30, 2024:
_________________________________________________________ (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 $60 million and $47 million for the three months ended June 30, 2024 and 2023, respectively, and $139 million and $116 million for the six months ended June 30, 2024 and 2023, respectively. The related tax benefits recognized in the consolidated statement of income (loss) were $10 million and $8 million for the three months ended June 30, 2024 and 2023, respectively, and $22 million and $19 million for the six months ended June 30, 2024 and 2023, respectively. The total unrecognized compensation cost related to all nonvested share-based incentive compensation awards at June 30, 2024 was $343 million, which is expected to be recognized over a weighted-average period of 2.0 years.
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