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Share-Based Incentive Compensation
3 Months Ended
Mar. 31, 2020
Share-based Payment Arrangement [Abstract]  
Share-Based Incentive Compensation SHARE-BASED INCENTIVE COMPENSATION

The following information relates to fully vested stock option awards at March 31, 2020:
 
                                           Stock Options
 
Number
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Contractual
Life
Remaining
 
Aggregate
Intrinsic
Value
($ in millions)
Vested at end of period (1)
 
7,743,262

 
$
112.65

 
6.0 years
 
$
32

Exercisable at end of period
 
5,394,082

 
$
104.00

 
4.7 years
 
$
32

_________________________________________________________
(1)
Represents awards for which the requisite service has been rendered, including those that are retirement eligible.

The total compensation cost for all share-based incentive compensation awards recognized in earnings was $46 million and $45 million for the three months ended March 31, 2020 and 2019, respectively. The related tax benefits recognized in the consolidated statement of income were $8 million for each of the three months ended March 31, 2020 and 2019.

The total unrecognized compensation cost related to all nonvested share-based incentive compensation awards at March 31, 2020 was $231 million, which is expected to be recognized over a weighted-average period of 2.1 years.