Incentive Based Compensation (Tables)

12 Months Ended

Dec. 31, 2022

Share-Based Payment Arrangement [Abstract]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value

The weighted average grant date fair value of these awards was based on the following weighted average Black-Scholes assumptions:

	2020
Exercise price per share	$	10.47
Expected annual dividend yield	1.9		%
Expected life in years	6.14
Expected volatility	44		%
Risk-free interest rate	1.5		%
Weighted average grant date fair value of stock option awards granted	$	3.82

Schedule of Share-based Compensation, Stock Options, Activity

The following is a summary of stock option award activity in 2022.

	Number of Shares	Weighted Average Exercise Price		Weighted Average Remaining Contractual Term	Aggregate Intrinsic Value (in millions)
Outstanding at beginning of year	4,274,304	$	22.13
Granted	—	$	—
Exercised/Vested	(2,176,680)	$	14.73
Canceled	(419,100)	$	33.56
Outstanding at end of year	1,678,524	$	28.86	2 years	$	5
Exercisable at end of year	1,389,461	$	32.69	1 year	$	—
Expected to vest	289,063	$	10.47	7 years	$	5

Schedule of Nonvested Restricted Stock Units Activity

The following is a summary of restricted stock and restricted stock unit award activity in 2022.

	Awards	Weighted Average Grant Date Fair Value
Unvested at beginning of year	5,888,242	$	10.98
Granted	1,848,387	$	22.81
Vested	(2,863,779)	$	11.99
Canceled	(221,654)	$	14.61
Unvested at end of year	4,651,196	$	14.89

Schedule of Performance Units, Valuation

The key assumptions used in the Monte Carlo simulation to determine the grant date fair value of stock-based performance units granted in 2022, 2021 and 2020 were:

	2022			2021			2020
Valuation date stock price	$	22.89		$	11.20		$	10.47
Expected annual dividend yield	1.2		%	1.1		%	1.9		%
Expected volatility	73		%	71		%	39		%
Risk-free interest rate	1.4		%	0.3		%	1.4		%
Fair value of stock-based performance units outstanding	$	34.07		$	18.07		$	10.55