STOCK COMPENSATION PLANS (Tables)

12 Months Ended

Dec. 31, 2021

Share-based Payment Arrangement [Abstract]

Summary of Total Compensation Expense Recognized for Stock-Based Compensation Awards

The following table summarizes the total compensation expense recognized for stock-based compensation awards:

	(In Millions, except per share amounts)
	Year Ended December 31,
	2021		2020		2019
Cost of goods sold	$	(2)	$	(2)	$	(2)
Selling, general and administrative expenses	(16)		(13)		(16)
Acquisition-related costs	—		(2)		—
Stock based compensation expense	(18)		(17)		(18)
Income tax benefit	4		4		4
Stock based compensation expense, net of tax	$	(14)	$	(13)	$	(14)
Decrease in basic earnings per common share	$	(0.03)	$	(0.03)	$	(0.05)
Decrease in diluted earnings per common share	$	(0.03)	$	(0.03)	$	(0.05)

Summary of Performance Award Activity

The following table summarizes the performance award activity:

	Year Ended December 31,
	2021			2020			2019
	Number of Shares	Weighted Average Grant Date Fair Value		Number of Shares	Weighted Average Grant Date Fair Value		Number of Shares	Weighted Average Grant Date Fair Value
Outstanding at beginning of year	2,452,226	$	10.34	1,935,878	$	15.58	1,424,723	$	14.46
Granted	652,888	25.12		960,637	6.93		572,104	18.31
Granted - replacement awards	—	—		1,550,216	4.59		—	—
Distributed	(1,279,509)	11.74		(1,938,786)	12.23		—	—
Performance adjustment	625,355	11.93		549,154	15.63		—	—
Forfeited/canceled	(80,490)	11.27		(604,873)	5.70		(60,949)	15.12
Outstanding at end of year	2,370,470	$	14.04	2,452,226	$	10.34	1,935,878	$	15.58

Summary of Restricted Stock Unit Activity

The following table summarizes the restricted stock units activity:

	Year Ended December 31,
	2021			2020			2019
	Number of Shares	Weighted Average Grant Date Fair Value		Number of Shares	Weighted Average Grant Date Fair Value		Number of Shares	Weighted Average Grant Date Fair Value
Outstanding at beginning of year	2,143,583	$	7.12	2,147,183	$	9.10	4,694,360	$	4.18
Granted	678,420	17.45		960,637	4.87		572,104	11.24
Granted - replacement awards	—	—		200,291	4.87		—	—
Distributed	(642,992)	7.31		(1,101,115)	8.58		(3,058,307)	1.95
Forfeited/canceled	(56,185)	9.50		(63,413)	7.31		(60,974)	9.31
Outstanding at end of year	2,122,826	$	10.31	2,143,583	$	7.12	2,147,183	$	9.10

Summary of Stock Option Activity

The following table summarizes the stock option activity:

	Year Ended December 31,
	2021			2020			2019
	Number of Shares	Weighted Average Exercise Price		Number of Shares	Weighted Average Exercise Price		Number of Shares	Weighted Average Exercise Price
Outstanding at beginning of year	2,485,808	$	11.60	563,230	$	10.42	563,230	$	10.42
Granted - replacement awards	—	—		2,010,277	11.86		—	—
Exercised	(1,457,495)	10.36		(79,973)	7.01		—	—
Forfeited/canceled	(26,253)	36.48		(7,726)	41.04		—	—
Outstanding at end of year	1,002,060	$	12.75	2,485,808	$	11.60	563,230	$	10.42
Exercisable at end of year	904,574	$	13.35	2,172,052	$	11.86	563,230	$	10.42

Summary of Grants of Restricted and/or Deferred Shares to Nonemployee Directors

For the last three years, grants of restricted and/or deferred shares have been awarded to elected or re-elected nonemployee directors as follows:

Year of Grant	Restricted Shares	Deferred Shares
2021	58,851	13,078
2020	253,809	54,794
2019	86,477	23,659