v3.24.2
Stock-Based Compensation Stock-Based Compensation (Details)
$ / shares in Units, shares in Millions, $ in Millions
6 Months Ended
Jun. 30, 2024
USD ($)
$ / shares
shares
RSUs  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount | $ $ 64
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition 2 years 9 months 18 days
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]  
Weighted Average Grant Price, Beginning Balance (in dollars per share) | $ / shares $ 47.11
Weighted Average Grant Price, Granted (in dollars per share) | $ / shares 45.20
Weighted Average Grant Price, Vested/exercised (in dollars per share) | $ / shares 47.94 [1]
Weighted Average Grant Price, Forfeitures (in dollars) | $ / shares 48.06 [2]
Weighted Average Grant Price, Ending Balance (in dollars per share) | $ / shares $ 45.95
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward]  
Number of Units, Beginning Balance (shares) | shares 1.6
Number of Units, Granted (shares) | shares 0.7
Number of Units, Vested/exercised (shares) | shares (0.5) [1]
Number of Units, Forfeitures (shares) | shares (0.1) [2]
Number of Units, Ending Balance (shares) | shares 1.7 [3]
PSUs  
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]  
Weighted Average Grant Price, Beginning Balance (in dollars per share) | $ / shares $ 47.29
Weighted Average Grant Price, Granted (in dollars per share) | $ / shares 45.21
Weighted Average Grant Price, Vested/exercised (in dollars per share) | $ / shares 59.00 [1]
Weighted Average Grant Price, Forfeitures (in dollars) | $ / shares 0 [2]
Weighted Average Grant Price, Ending Balance (in dollars per share) | $ / shares $ 45.20
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward]  
Number of Units, Beginning Balance (shares) | shares 0.8
Number of Units, Granted (shares) | shares 0.2
Number of Units, Vested/exercised (shares) | shares (0.1) [1]
Number of Units, Forfeitures (shares) | shares 0.0 [2]
Number of Units, Ending Balance (shares) | shares 0.9 [4]
PSUs | Probable  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount | $ $ 13
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition 2 years 1 month 6 days
PSUs | Maximum [Member] | Not probable  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount | $ $ 42
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition 1 year 8 months 12 days
NQs  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount | $ $ 1
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition 8 months 12 days
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]  
Share-based Compensation Arrangement by Share-based Payment Award, Option, Nonvested, Weighted Average Exercise Price, Beginning Balance | $ / shares $ 44.88
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price | $ / shares 0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercised, Weighted Average Grant Date Fair Value | $ / shares 42.47 [1]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures and Expirations in Period, Weighted Average Intrinsic Value | $ / shares 48.64 [2]
Share-based Compensation Arrangement by Share-based Payment Award, Option, Nonvested, Weighted Average Exercise Price, Ending Balance | $ / shares $ 43.35
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward]  
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Number of Shares, Beginning Balance | shares 2.3
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross | shares 0.0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercised, Weighted Average Grant Date Fair Value | shares (0.1) [1]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures and Expirations in Period | shares (0.7) [2]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Number of Shares, Ending Balance | shares 1.5 [5]
NQs | Exercisable options  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Share-based Payment Arrangement, Option, Exercise Price Range, Shares Exercisable | shares 1.2
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period 5 years 4 months 24 days
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]  
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercised, Weighted Average Grant Date Fair Value | $ / shares $ 8.78
[1] Upon exercise of NQs and vesting of RSUs and PSUs, the Company issues new shares to participants.
[2] The Company recognizes cancellations and forfeitures as they occur.
[3] Aggregate unrecognized compensation expense related to RSUs was $64 million as of June 30, 2024, which is expected to be recognized over a weighted average period of 2.8 years.
[4] The aggregate unrecognized compensation expense related to PSUs that are probable of vesting was $13 million as of June 30, 2024, which is expected to be recognized over a weighted average period of 2.1 years. The maximum amount of compensation expense associated with PSUs that are not probable of vesting could range up to $42 million which would be recognized over a weighted average period of 1.7 years.
[5] There were 1.2 million NQs which were exercisable as of June 30, 2024. These exercisable NQs will expire over a weighted average period of 5.4 years and carry a weighted average grant date fair value of $8.78. Unrecognized compensation expense for NQs was $1 million as of June 30, 2024, which is expected to be recognized over a weighted average period of 0.7 years