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Stock Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Stock-Based Compensation Expense Included in Consolidated Statement of Income and Comprehensive Income Total stock-based compensation expense included in the Consolidated Statements of Income and Comprehensive Income (Loss) was as follows: 
 December 31,
(DOLLARS IN MILLIONS)202120202019
Equity-based awards$54 $36 $34 
Liability-based awards
Total stock-based compensation62 40 38 
Less tax benefit(13)(8)(7)
Total stock-based compensation, net of tax$49 $32 $31 
SSAR's and Stock Option Activity
SSARs and options activity was as follows:
(SHARE AMOUNTS IN THOUSANDS)Shares Subject to
SSARs/Options
Weighted
Average Exercise
Price
SSARs/
Options
Exercisable
December 31, 202042 $135.01 
Granted144.67 
Exercised(90)110.28 
Canceled(9)101.19 
Assumed341 
December 31, 2021287 $107.48 235 
Expected to Vest at December 31, 2021
44 $95.94 
SSAR's and Stock Option Outstanding
SSARs and options outstanding at December 31, 2021 was as follows: 
Price RangeNumber
Outstanding
(in thousands)
Weighted Average
Remaining
Contractual Life
(in years)
Weighted
Average
Exercise Price
Aggregate
Intrinsic Value
(in millions)
Over $65287 5.04$107.48 $12 
SSARs and options exercisable as of December 31, 2021 was as follows:
Price RangeNumber
Exercisable
(in thousands)
Weighted Average
Remaining
Contractual Life
(in years)
Weighted
Average
Exercise Price
Aggregate
Intrinsic Value
(in millions)
Over $65235 4.65$109.77 $10 
SSAR's and Stock Option Exercisable
SSARs and options exercisable as of December 31, 2021 was as follows:
Price RangeNumber
Exercisable
(in thousands)
Weighted Average
Remaining
Contractual Life
(in years)
Weighted
Average
Exercise Price
Aggregate
Intrinsic Value
(in millions)
Over $65235 4.65$109.77 $10 
RSU's [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
RSU, PRS and Cash RSU Activity
RSU activity was as follows:
(SHARE AMOUNTS IN THOUSANDS)Number of SharesWeighted Average
Grant Date Fair
Value Per Share
December 31, 2020525 $126.62 
Granted344 136.71 
Vested(314)119.99 
Forfeited(37)-37000128.79 
Assumed259 
December 31, 2021777 $126.20 
Restricted Stock [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
RSU, PRS and Cash RSU Activity
The following table summarizes the Company's PRSU activity for the years ended December 31, 2021, 2020 and 2019:
(DOLLARS IN MILLIONS)Issued SharesAggregate Purchase PriceCovered Shares
202161,870 $30,935 
202066,160 $33,080 
201961,991 $30,996 
PRSU activity was as follows:
(SHARE AMOUNTS IN THOUSANDS)Number of
Shares
Weighted Average
Grant Date Fair
Value Per Share
December 31, 2020193 $136.37 
Granted62 144.67 
Vested(95)138.41 
Forfeited(5)141.81 
December 31, 2021155 $138.36 
Cash RSU's [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
RSU, PRS and Cash RSU Activity
Cash RSU activity was as follows:
(SHARE AMOUNTS IN THOUSANDS)Cash RSUsWeighted Average 
Fair
Value Per Share
December 31, 2020111 $108.84 
Granted51 150.65 
Vested(37)141.58 
Forfeited(9)140.43 
December 31, 2021116 $150.65