STOCK INCENTIVE PLANS (Tables)

6 Months Ended

Jun. 30, 2023

Share-Based Payment Arrangement [Abstract]

Summary of Activity Relating to Restricted Stock Units

The following table summarizes the activity relating to restricted stock units during the periods indicated:

TABLE 13.1

	Six Months Ended June 30,
	2023			2022
	Units	Weighted Average Grant Price per Share		Units	Weighted Average Grant Price per Share
Unvested units outstanding at beginning of period	4,821,182	$	10.30	4,680,786	$	9.71
Granted	1,354,017	12.74		1,219,416	13.11
Acquired	—	—		60,300	9.41
Net adjustment due to performance	306,917	8.43		105,026	9.89
Vested	(2,303,266)	7.99		(1,648,252)	10.60
Forfeited/expired/canceled	(578,493)	8.13		(211,295)	10.90
Dividend reinvestment	74,505	12.16		93,375	11.90
Unvested units outstanding at end of period	3,674,862	12.87		4,299,356	10.32

Schedule of Certain Information Related to Restricted Stock Units

The following table provides certain information related to restricted stock units:

TABLE 13.2

(in millions)	Six Months Ended June 30,
	2023		2022
Stock-based compensation expense	$	13	$	12
Tax benefit related to stock-based compensation expense	3		3
Fair value of units vested	30		21

Schedule of Components of Restricted Stock Units

The components of the restricted stock units as of June 30, 2023 are as follows:

TABLE 13.3

(dollars in millions)	Service- Based Units		Performance- Based Units		Total
Unvested restricted stock units	2,511,429		1,163,433		3,674,862
Unrecognized compensation expense	$	15	$	1	$	16
Intrinsic value	$	29	$	13	$	42
Weighted average remaining life (in years)	2.02		1.75		1.93