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SHARE-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2022
Share Based Compensation [Abstract]  
Schedule of Share-Based Compensation Activity

Share-based compensation activity during year-to-date 2022 included the following:

 

SHARES IN THOUSANDS

 

GRANTED

 

 

VESTED

 

Restricted stock units (RSUs)

 

 

626

 

 

 

853

 

Performance share units (PSUs)

 

306

 

 

419

 

Weighted Average Assumptions Used in Estimating Value of Performance Share Units Granted

Weighted Average Assumptions Used in Estimating the Value of Performance Share Units Granted in 2022

 

 

 

PERFORMANCE SHARE UNITS

 

Performance period

 

2/10/2022 – 12/31/2024

 

Valuation date average stock price(1)

 

$42.16

 

Expected dividends

 

1.72%

 

Risk-free rate

 

0.34% – 1.84%

 

Expected volatility

 

26.27% – 41.01%

 

(1)

Calculated as an average of the high and low prices on grant date.