XML 83 R50.htm IDEA: XBRL DOCUMENT v3.20.4
SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2020
Share-based Payment Arrangement [Abstract]  
Weighted Average Grant Date Fair Value
WEIGHTED AVERAGE GRANT DATE FAIR VALUE
202020192018
Stock options$3.58 $3.48 $3.00 
RSUs7.91 10.12 13.96 
PSUs/Performance shares7.91 10.73 4.80
Stock-Based Compensation Activity
STOCK-BASED COMPENSATION ACTIVITY
Stock options
RSUs
Shares (in millions)
Weighted average exercise price
Weighted average contractual term (in years)
Intrinsic value (in millions)
Shares (in millions)
Weighted average grant date fair value
Weighted average contractual term (in years)
Intrinsic value (in millions)
Outstanding at January 1, 2020
458 $18.66 28 $13.29 
Granted36 10.56 46 7.91 
Exercised(1)7.48 (10)14.44 
Forfeited(15)11.12 (4)11.80 
Expired(78)19.14 N/AN/A
Outstanding at December 31, 2020
400 $18.16 4.5$156 60 $9.04 2.1$653 
Exercisable at December 31, 2020
305 $20.28 3.3$62 N/AN/AN/AN/A
Expected to vest90 $11.50 8.2$87 49 $9.41 1.9$533 
Schedule of Compensation Expense
202020192018
Compensation expense (after-tax)(a)(b)$353 $400 $336 
Cash received from stock options exercised69 24 
Intrinsic value of stock options exercised and RSUs vested81 154 83 
(a)Unrecognized compensation cost related to unvested equity awards as of December 31, 2020 was $543 million, which will be amortized over a weighted average period of 1.3 years.
(b)Income tax benefit recognized in earnings was $10 million, $20 million and $40 million in 2020, 2019, and 2018, respectively.
Schedule of Cash Proceeds and Intrinsic Value
202020192018
Compensation expense (after-tax)(a)(b)$353 $400 $336 
Cash received from stock options exercised69 24 
Intrinsic value of stock options exercised and RSUs vested81 154 83 
(a)Unrecognized compensation cost related to unvested equity awards as of December 31, 2020 was $543 million, which will be amortized over a weighted average period of 1.3 years.
(b)Income tax benefit recognized in earnings was $10 million, $20 million and $40 million in 2020, 2019, and 2018, respectively.