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Stock and Incentive Programs for Employees and Directors (Tables)
12 Months Ended
Dec. 31, 2019
Schedule of Stock Option Activity

Stock option awards as of December 31, 2019 and 2018, and changes during the year ended December 31, 2019 were as follows:

 

 

Shares Under Option

(thousands)

 

 

Weighted

Average

Exercise

Price

 

 

Weighted

Average

Remaining

Contractual

Term

(years)

 

 

Aggregate

Intrinsic

Value

(millions)

 

Outstanding at December 31, 2018

 

739

 

 

$

19.99

 

 

 

1.4

 

 

$

 

Cancelled/forfeited/expired

 

(319

)

 

 

11.57

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2019

 

420

 

 

 

26.38

 

 

 

1.4

 

 

 

 

Vested and exercisable at December 31, 2019

 

420

 

 

$

26.38

 

 

 

1.4

 

 

$

 

 

Nonvested Restricted Stock Unit Awards

Nonvested restricted stock unit awards as of December 31, 2019 and 2018, and changes during the year ended December 31, 2019 were as follows:

 

 

Shares

(thousands)

 

 

Weighted

Average Grant

Date Fair Value

 

Nonvested at December 31, 2018

 

1,311

 

 

$

10.71

 

Granted

 

930

 

 

 

4.14

 

Vested

 

(989

)

 

 

9.48

 

Forfeited

 

(17

)

 

 

17.13

 

Nonvested at December 31, 2019

 

1,235

 

 

$

6.66

 

 

Schedule of Nonvested Performance Share Units Activity

Nonvested performance share unit awards as of December 31, 2019 and 2018, and changes during the year ended December 31, 2019, were as follows:

 

 

Shares

(thousands)

 

 

Weighted

Average Grant

Date Fair Value

 

Nonvested at December 31, 2018

 

940

 

 

$

8.89

 

Granted

 

615

 

 

 

4.77

 

Forfeited

 

(9

)

 

 

16.30

 

Nonvested at December 31, 2019

 

1,546

 

 

$

7.21

 

Phantom Stock Units  
Schedule of Nonvested Performance Share Units Activity

Phantom stock unit awards as of December 31, 2019 and changes during the year ended December 31, 2019, were as follows:

 

 

Shares

(thousands)

 

 

Weighted

Average Grant

Date Fair Value

 

Nonvested at December 31, 2018

 

762

 

 

$

8.73

 

Granted

 

1,799

 

 

 

5.36

 

Vested

 

(6

)

 

 

8.73

 

Forfeited

 

(242

)

 

 

6.28

 

Nonvested at December 31, 2019

 

2,313

 

 

$

5.87