STOCK COMPENSATION PLANS (Tables)

12 Months Ended

Dec. 31, 2023

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)	2023		2022		2021
Cost of goods sold	$	(9)	$	(5)	$	(2)
Selling, general and administrative expenses	(32)		(23)		(16)
Stock based compensation expense	(41)		(28)		(18)
Income tax benefit	10		7		4
Stock based compensation expense, net of tax	$	(31)	$	(21)	$	(14)
Decrease in basic earnings per common share	$	(0.06)	$	(0.04)	$	(0.03)
Decrease in diluted earnings per common share	$	(0.06)	$	(0.04)	$	(0.03)

Summary of Performance Award Activity

The following table summarizes the performance award activity:

	2023			2022			2021
(Shares in millions)	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	2.7	$	18.53	2.4	$	14.04	2.5	$	10.34
Granted	1.1	31.88		1.0	28.46		0.7	25.12
Distributed	(1.8)	6.50		(1.1)	17.04		(1.3)	11.74
Performance adjustment	0.7	6.43		0.5	17.84		0.6	11.93
Forfeited/canceled	(0.2)	28.65		(0.1)	23.74		(0.1)	11.27
Outstanding at end of year	2.5	$	29.09	2.7	$	18.53	2.4	$	14.04

Summary of Restricted Stock Unit Activity

The following table summarizes the restricted stock units activity:

	2023			2022			2021
(Shares in millions)	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	2.4	$	13.66	2.1	$	10.31	2.1	$	7.12
Granted	1.2	19.30		1.0	19.41		0.7	17.45
Distributed	(0.9)	5.99		(0.6)	10.47		(0.6)	7.31
Forfeited/canceled	(0.2)	19.84		(0.1)	17.82		(0.1)	9.50
Outstanding at end of year	2.5	$	18.87	2.4	$	13.66	2.1	$	10.31

Summary of Stock Option Activity

The following table summarizes the stock option activity:

	2023			2022			2021
(Shares in millions)	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	0.6	$	10.39	1.0	$	12.75	2.5	$	11.60
Exercised	(0.1)	10.22		(0.3)	16.55		(1.5)	10.36
Forfeited/canceled	—	21.05		(0.1)	22.78		—	36.48
Outstanding at end of year	0.5	$	9.59	0.6	$	10.39	1.0	$	12.75
Exercisable at end of year	0.5	$	9.59	0.6	$	10.52	0.9	$	13.35