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Share-Based Compensation
6 Months Ended
Jun. 30, 2019
Share-based Payment Arrangement [Abstract]  
Share-Based Compensation SHARE-BASED COMPENSATION
RSUs and PSUs
We granted 1.6 million restricted stock units (“RSUs”) during the 2019 first half to certain officers and key employees, and those units vest generally over four years in equal annual installments commencing one year after the grant date. We also granted 0.1 million performance-based RSUs (“PSUs”) in the 2019 first half to certain executive officers, which are earned, subject to continued employment and the satisfaction of certain performance conditions based on achievement of pre-established targets for gross room openings, Marriott Bonvoy™ loyalty member penetration, and adjusted operating income growth over, or at the end of, a three-year performance period. RSUs, including PSUs, granted in the 2019 first half had a weighted average grant-date fair value of $117.
We recorded share-based compensation expense for RSUs and PSUs of $48 million in the 2019 second quarter and $49 million in the 2018 second quarter, $86 million for the 2019 first half, and $88 million for the 2018 first half. Deferred compensation costs for unvested awards for RSUs and PSUs totaled $266 million at June 30, 2019 and $167 million at December 31, 2018.