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Stock Plans (Tables)
3 Months Ended
Mar. 31, 2024
Stock Plans [Abstract]  
Restricted Shares Outstanding

Weighted

Average

Number of

Grant Date

Aggregate

Shares

Fair Value

Fair Value

(in thousands)

(per share)

(in millions)

Balance at January 1, 2024

2,468

$

24.37

$

63

Restricted stock units granted

1,266

$

23.29

$

31

Restricted stock units vested

(626)

$

26.51

$

(15)

Restricted stock units forfeited

(16)

$

24.06

 

Balance at March 31, 2024

3,092

$

24.65

$

76

Target Performance Shares

Weighted

Average

Number of

Award Date

Shares

Fair Value

(in thousands)

(per share) (1)

Balance at January 1, 2024

4,487

$

25.33

Target performance shares awarded, net

1,769

$

24.35

Target performance shares vested

(3,898)

$

25.62

Target performance shares forfeited

(2)

$

26.61

Balance at March 31, 2024

2,356

$

25.21

(1) Represents the weighted average of the closing price of our stock on the date of the awards.