XML 27 R18.htm IDEA: XBRL DOCUMENT v3.23.2
Stock Compensation Plans
 6 Months Ended
Jun. 30, 2023
Share-Based Payment Arrangement [Abstract]  
Stock Compensation Plans STOCK COMPENSATION PLANSThe Company has various plans under which its officers, senior management, other key employees and directors may be granted equity-based awards. Equity awards outstanding under the plans include PRSUs, Restricted Stock Units (“RSUs”), Stock-Settled Appreciation Rights (“SSARs”) and Long-Term Incentive Plan awards. Liability-based awards outstanding under the plans are cash-settled RSUs.
Stock-based compensation expense and related tax benefits were as follows:
 Three Months Ended June 30,Six Months Ended June 30,
(DOLLARS IN MILLIONS)2023202220232022
Equity-based awards$20 $16 $32 $25 
Liability-based awards— 1 — 1 
Total stock-based compensation expense20 17 32 26 
Less: Tax benefit(4)(3)(6)(5)
Total stock-based compensation expense, after tax$16 $14 $26 $21 
As of June 30, 2023, there was approximately $105 million of total unrecognized compensation cost related to non-vested awards granted under the equity incentive plans.