EQUITY-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2018

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Total Stock-Based Compensation Expense Recognized

Total compensation expense recognized is as follows:

	2018 (1)		2017		2016
	(In millions)
RSUs	$	44	$	15	$	16
Liability awards		8		8		7
Total	$	52	$	23	$	23

^{(1) Compensation expense in 2018 included $26 million recorded within SG&A (including $12 million associated with the Combination) and $26 million recorded within Restructuring costs in our Consolidated Statements of Operations, as a result of accelerated vesting for employees who were terminated as a result of the Combination.}

Total Gross Unrecognized Estimated Compensation Expense and Expected Weighted-Average Periods

The components of the total gross unrecognized estimated compensation expense for equity awards and their expected remaining weighted-average periods for expense recognition are as follows:

	Amount (In millions)		Weighted-Average Period (years)
Restricted stock and RSUs (1)	$	27		1.7

^{(1) Excludes liability awards.}

RSUs and Changes

RSUs and changes during 2018 were as follows (share data in millions):

	Number of Shares			Weighted-Average Grant Date Fair Value
Outstanding as of December 31, 2017		2		$	14.27
Granted (1)		3			20.36
Vested		(2	)		16.55
Outstanding as of December 31, 2018		3		$	19.39

^{(1) Includes 2 million of RSUs relating to shares of CB&I’s common stock that were cancelled and converted in connection with the Combination at a weighted-average grant-date fair value per share of $19.92.}