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STOCK COMPENSATION PLANS (Tables)
12 Months Ended
Dec. 31, 2022
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:
Year Ended December 31,
(In millions, except per share amounts)202220212020
Cost of goods sold$(5)$(2)$(2)
Selling, general and administrative expenses(23)(16)(13)
Acquisition-related costs — (2)
Stock based compensation expense(28)(18)(17)
Income tax benefit7 
Stock based compensation expense, net of tax$(21)$(14)$(13)
Decrease in basic earnings per common share$(0.04)$(0.03)$(0.03)
Decrease in diluted earnings per common share$(0.04)$(0.03)$(0.03)
Summary of Performance Award Activity
The following table summarizes the performance award activity:
202220212020
(Shares in millions)Number of SharesWeighted Average Grant Date Fair ValueNumber of SharesWeighted Average Grant Date Fair ValueNumber of SharesWeighted Average Grant Date Fair Value
Outstanding at beginning of year2.4 $14.04 2.5 $10.34 1.9 $15.58 
Granted1.0 28.46 0.7 25.12 1.0 6.93 
Granted - replacement awards  — — 1.6 4.59 
Distributed(1.1)17.04 (1.3)11.74 (1.9)12.23 
Performance adjustment0.5 17.84 0.6 11.93 0.5 15.63 
Forfeited/canceled(0.1)23.74 (0.1)11.27 (0.6)5.70 
Outstanding at end of year2.7 $18.53 2.4 $14.04 2.5 $10.34 
Summary of Restricted Stock Unit Activity
The following table summarizes the restricted stock units activity:
202220212020
(Shares in millions)Number of SharesWeighted Average Grant Date Fair ValueNumber of SharesWeighted Average Grant Date Fair ValueNumber of SharesWeighted Average Grant Date Fair Value
Outstanding at beginning of year2.1 $10.31 2.1 $7.12 2.1 $9.10 
Granted1.0 19.41 0.7 17.45 1.0 4.87 
Granted - replacement awards  — — 0.2 4.87 
Distributed(0.6)10.47 (0.6)7.31 (1.1)8.58 
Forfeited/canceled(0.1)17.82 (0.1)9.50 (0.1)7.31 
Outstanding at end of year2.4 $13.66 2.1 $10.31 2.1 $7.12 
Summary of Stock Option Activity
The following table summarizes the stock option activity:
202220212020
(Shares in millions)Number of SharesWeighted Average Exercise PriceNumber of SharesWeighted Average Exercise PriceNumber of SharesWeighted Average Exercise Price
Outstanding at beginning of year1.0 $12.75 2.5 $11.60 0.6 $10.42 
Granted - replacement awards  — — 2.0 11.86 
Exercised(0.3)16.55 (1.5)10.36 (0.1)7.01 
Forfeited/canceled(0.1)22.78 — 36.48 — 41.04 
Outstanding at end of year0.6 $10.39 1.0 $12.75 2.5 $11.60 
Exercisable at end of year0.6 $10.52 0.9 $13.35 2.2 $11.86