A summary of stock option and SAR activity for the three months ended March 31, 2025 is as follows (in millions, except share amounts which are reflected in thousands, per share amounts, and years): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | SARs Outstanding Number of SARs | | Options Outstanding Number of Shares | | Weighted-Average Exercise Price Per Share | | Weighted-Average Remaining Contractual Life (in years) | | Aggregate Intrinsic Value | | As of December 31, 2024 | | 33 | | | 7,198 | | | $ | 40.16 | | | 4.90 | | $ | 153 | | | Granted | | — | | | 484 | | | $ | 74.44 | | | | | | | Exercised | | (3) | | | (655) | | | $ | 12.66 | | | | | | | Canceled and forfeited | | (3) | | | (60) | | | $ | 10.58 | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | As of March 31, 2025 | | 27 | | | 6,967 | | | $ | 45.38 | | | 5.17 | | $ | 195 | | | Exercisable as of March 31, 2025 | | 27 | | | 3,069 | | | $ | 25.92 | | | 3.51 | | $ | 146 | |
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