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Share-Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Compensation expense included in net income Compensation expense included in net income for our share-based compensation plans is as follows:
(In millions)202220212020
Compensation expense$66 $138 $57 
Income tax benefit(16)(33)(14)
Total compensation expense included in net income$50 $105 $43 
Weighted-average fair value of stock options and assumptions used in option-pricing model The assumptions used in our option-pricing model for these grants and the weighted-average fair value for these options are as follows:
202220212020
Fair value of options at grant date$19.95$15.05$10.66
Dividend yield0.1%0.2%0.2%
Expected volatility29.2%33.6%29.3%
Risk-free interest rate1.9%0.7%1.1%
Expected term (in years)4.84.74.7
Stock option activity
The stock option activity during 2022 is provided below:
(Options in thousands)Number of
Options		Weighted-
Average
Exercise Price
Outstanding at beginning of year8,289 $46.18 
Granted1,232 69.55 
Exercised(1,102)(41.00)
Forfeited or expired(109)(52.66)
Outstanding at end of year8,310 $50.25 
Exercisable at end of year5,596 $47.03 
Activity for Restricted Stock Units
The 2022 activity for restricted stock units is provided below:
Units Payable in StockUnits Payable in Cash
(Shares/Units in thousands)Number of
Shares		Weighted-
Average Grant
Date Fair Value		Number of
Units		Weighted-
Average Grant
Date Fair Value
Outstanding at beginning of year, nonvested569 $50.01 1,158 $49.92 
Granted104 70.25 226 71.05 
Vested(148)(53.68)(248)(53.98)
Forfeited— — (50)(52.48)
Outstanding at end of year, nonvested525 $52.99 1,086 $53.26 
Fair value of awards vested and cash paid during respective periods
The fair value of the restricted stock unit awards that vested and/or amounts paid under these awards is as follows:
(In millions)202220212020
Fair value of awards vested$25 $20 $17 
Cash paid17 13 11 
The fair value of the performance share units that vested and/or amounts paid under these awards is as follows:
(In millions)202220212020
Fair value of awards vested$19 $18 $8 
Cash paid15 6 7 
Activity for Performance Share Units
The 2022 activity for our performance share units is as follows:
(Units in thousands)Number of
Units		Weighted-
Average Grant
Date Fair Value
Outstanding at beginning of year, nonvested526 $45.87 
Granted174 71.07 
Vested(273)(40.60)
Outstanding at end of year, nonvested427 $59.51