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Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table
Pay Versus Performance
 
As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(v) of Regulation
S-K,
we are providing the following information about the relationship between executive compensation actually paid and the Company’s financial performance.
Required Tabular Disclosure of Compensation Actually Paid versus Performance
The following table discloses information about “compensation actually paid” (CAP) to our principal executive officers (PEOs) and (on average) to our other NEOs
(non-PEO
NEOs) during the specified years alongside total shareholder return (TSR) and net income metrics, as well as a Company-selected measure of free cash flow. The Company selected this measure as the most important in linking compensation actually paid to our NEOs for 2023 to Company performance, as free cash flow was the predominant metric used in our 2023 annual incentive plan, as described in more detail on page 57.
 
   
Summary Compensation
Table (SCT) Total for PEO
($)
(1)
    
Compensation Actually
Paid (CAP) to PEO ($)
(2)
    
Average
Summary
Compensation
Table Total for
Non-PEO
NEOs
(3)
    
Average
Compensation
Actually Paid to
Non-PEO NEOs
(4)
    
Value of Initial Fixed $100
Investment Based On:
    
Net
Income
($mm)
(6)
    
Free Cash
Flow
($mm)
(7)
  
    
PEO
    
Interim
PEO
    
PEO
    
Interim PEO
    
Company
TSR ($)
(5)
    
S&P 500 A&D
Industry Index
TSR ($)
(5)
  
 2023   $ 32,770,519       n/a     $ 44,395,006       n/a     $ 10,767,252     $ 13,450,637     $ 80.49     $ 119.09       (2,222 )      4,433  
 2022   $ 22,597,178       n/a     $ 15,203,730       n/a     $ 7,337,949     $ 5,790,734     $ 58.82     $ 111.54       (4,935 )      2,000  
 2021   $ 21,167,410       n/a     $ 17,795,369       n/a     $ 6,148,165     $ 4,853,054     $ 62.17     $  95.03       (4,202 )      (4,396 ) 
 2020   $ 21,074,052     $ 5,221,778     $ 14,363,337     ($ 3,265,552)     $ 4,904,755     $ 2,553,749     $ 66.10     $  83.94       (11,873 )      (19,713 ) 
 
(1)
Reflects the total compensation of our current CEO, David Calhoun, who is our PEO, and Gregory Smith, who served as interim CEO for a period of 12 days during 2020, and is therefore included in this table as an additional PEO in accordance with SEC rules. Amounts shown are as calculated in the Summary Compensation Table (SCT) for each of the years shown (and for Mr. Smith, solely reflect compensation for his service as our CFO, since he received no additional compensation for his service as interim CEO in 2020). The total compensation amounts shown for 2022 and 2021 include corrections made to the totals for those years as described in footnote 8 to the Summary Compensation Table on page 73.
 
(2)
The dollar amounts shown in these columns reflect “compensation actually paid” to Mr. Calhoun and Mr. Smith, respectively, calculated in accordance with SEC rules. As required, the dollar amounts include (among other items) unpaid amounts of equity compensation that may be realizable in future periods, and as such, the dollar amounts shown do not fully represent the actual final amount of compensation earned or actually paid to either individual during the applicable years. The adjustments made to each of Mr. Calhoun’s and Mr. Smith’s total compensation for each year to determine CAP are shown in the table below (which also includes the adjustments made to calculate average CAP for our non-PEO NEOs, or Other NEOs, who are identified by name and year in footnote 3). For Mr. Smith, information is only included with respect to 2020, the year in which he served as interim CEO.
 
Reconciliation of SCT Total to CAP Total
(a)
    
SCT Total
  
  
  
Grant Date Fair Value
of Awards
Granted During Year
(b)
  
  
  
Fair Value of Equity
Calculated Using SEC
Methodology
(c)
  
  
  
Change in Actuarial
Value of Pension
Benefits During Year
  
  
  
CAP Total
PEO
  2023   $32,770,519   –   $30,231,750   +   $41,856,237   –   $0   =   $44,395,006
  2022   $22,597,178   –   $17,000,000   +   $9,606,552   –   $0   =   $15,203,730
  2021   $21,167,410   –   $16,000,000   +   $12,627,959   –   $0   =   $17,795,369
  2020   $21,074,052   –   $20,515,106   +   $13,804,391   –   $0   =   $14,363,337
Interim PEO
  2020   $5,221,778   –   $2,565,845   +   ($5,510,299)   –   $411,186   =   ($3,265,552)
Other NEOs (Average)
  2023   $10,767,252   –   $8,164,238   +   $10,961,834   –   $114,211   =   $13,450,637
  2022   $7,337,949   –   $4,870,000   +   $3,322,785   –   $0   =   $5,790,734
  2021   $6,148,165   –   $4,093,722   +   $2,798,611   –   $0   =   $4,853,054
  2020   $4,904,755   –   $2,360,131   +   $481,212   –   $472,087   =   $2,553,749
 
  (a)
As shown in these tables, the CAP totals represent the SCT figure for the applicable year, but adjusted as required by SEC rules to (1) include the fair value of current and prior year equity awards that are outstanding, vested or forfeited during the applicable year, instead of the grant date value of awards granted during the applicable year, and (2) exclude any positive aggregate change in the actuarial present value of all defined benefit pension plan benefits for the applicable year. For the group of Other NEOs, averages of the foregoing amounts were used. We note the SEC rules also require CAP to include any actuarially determined service cost or prior service cost under pension plans for services rendered by the executive during the applicable year. However, our executives who participate in our defined benefit plans ceased accruing service credit under those plans when they were frozen at the end of 2015; thus, there is no longer service or prior service cost and no adjustment is required for this element.
 
  (b)
Amounts disclosed in this column represent the total of the amounts reported in the Stock Awards and Option Awards columns of the SCT for the applicable year. For the group of Other NEOs, averages of the foregoing amounts were used.
 
  (c)
The fair value of equity component of the CAP calculation was determined in accordance with SEC methodology for this disclosure. Unlike the SCT (on page 72), which requires us to show the grant date fair value of equity awards granted during the applicable year, the CAP table requires us to calculate equity fair value as follows:
 
  •  
for awards granted during the applicable year (and which are still outstanding), the
year-end
value;
plus
 
 
  •  
for awards granted during prior years that were still outstanding as of the applicable
year-end,
the change in value as of the applicable
year-end
compared against the prior
year-end;
plus
 
  •  
for awards granted in prior years that vested during the applicable year, the change in value as of the vesting date compared against the prior
year-end;
plus
 
  •  
for any awards granted in the applicable year that vested during the applicable year, the value as of the vesting date;
plus
 
  •  
for any awards that vested during the applicable year, the value of any dividend equivalents that accrued during the vesting period with respect to those awards and were paid out at the same time as the underlying awards, as of the vesting date;
minus
 
  •  
for awards granted in prior years that were forfeited during the applicable year, the value as of the prior
year-end.
The specific calculations for the CEO, interim CEO and Other NEOs (for this group, calculated as the average) for the relevant years are shown in the table below.
 
CAP Fair Value of Equity Calculation
    
YE Value of
Current Year
Awards
Outstanding
as of YE
       
Change in Value
as of YE for 
Prior
Year
 Awards
Outstanding
as of YE
       
Change in Value as
of Vesting Date for
Prior Year 
Awards That
Vested During
the Year
       
Value as of
Vesting Date for 
Current
 
Year
Awards That
Vested During
the Year*
       
Value as of
Vesting Date for
Dividend
Equivalents
That Vested
During
the Year
       
Value as of Prior
YE for 
Prior
Year 
Awards
Forfeited
During
the Year
       
Value of
Equity for
CAP
Purposes
PEO
  2023   $29,180,336   +   $12,126,342   +   $122,179   +   $427,380   +   $0   –   $0   =   $41,856,237
  2022   $14,652,897   +   ($2,959,585)   +   ($92,993)   +   $225,481   +   $0   –   $2,219,249   =   $9,606,552
  2021   $13,701,091   +   ($1,444,024)   +   $60,047   +   $310,845   +   $0   –   $0   =   $12,627,959
  2020   $13,804,391   +   $0   +   $0   +   $0   +   $0   –   $0   =   $13,804,391
Interim PEO
  2020   $1,721,648   +   ($7,138,752)   +   ($400,096)   +   $0   +   $306,901   –   $0   =   ($5,510,299)
Other NEOs – CAP Fair Value of Equity Calculation (Average)
  2023   $7,583,847   +   $3,327,691   +   $39,635   +   $10,661   +   $0   –   $0   =   $10,961,834
  2022   $3,443,174   +   ($168,997)   +   $42,641   +   $234,739   +   $52,081   –   $280,852   =   $3,322,785
  2021   $2,856,140   +   ($477,121)   +   $212,559   +   $145,153   +   $213,322   –   $151,441   =   $2,798,611
  2020   $2,077,475   +   ($1,774,384)   +   ($363,489)   +   $0   +   $541,610   –   $0   =   $481,212
 
  *
We generally do not issue equity awards that vest in the year of grant. The amounts shown in this column exclusively reflect the portion of any current year award that was withheld from a current year award to pay FICA payroll tax withholding obligations (and income taxes due on the amounts withheld) due in connection with the executive qualifying as retirement-eligible during the applicable year.
 
(3)
Reflects the average total compensation of our
non-PEO
NEOs, as calculated in the SCT for each of the years shown. Our
non-PEO
NEOs included in the table above are the following individuals: for 2023, Brian West, Stephanie Pope, Stanley Deal and Theodore Colbert III; for 2022, Brian West, Stanley Deal, Theodore Colbert III, Brett Gerry and Leanne Caret; for 2021, Gregory Smith, David Dohnalek, Brian West, Leanne Caret, Theodore Colbert III and Stanley Deal; and for 2020, Michael D’Ambrose, Stanley Deal and Leanne Caret (but excluding Mr. Smith, whose 2020 compensation is included in the interim PEO columns).
 
(4)
The dollar amounts shown in these columns reflect average “compensation actually paid” to our other NEOs, calculated in accordance with SEC rules. As required, the dollar amounts include (among other items) unpaid amounts of equity compensation that may be realizable in future periods, and as such, the
dollar
amounts shown do not fully represent the actual average final amount of compensation earned or paid to these individuals during the applicable years. The adjustments made to their average total compensation for each year to determine CAP are shown in the Reconciliation of SCT Total to CAP Total table in footnote 2 above.
 
(5)
Pursuant to SEC rules, the TSR figures assume an initial investment of $100 on December 31, 2019. As permitted by SEC rules, the peer group referenced for purpose of the TSR comparison is the group of companies included in the S&P 500 Aerospace and Defense Industry Index. The separate peer group used by the Compensation Committee for purposes of determining total direct compensation for our executive officers is described in more detail on page 55.
 
(6)
Reflects
after-tax
net income attributable to stockholders prepared in accordance with GAAP for each of the years shown.
 
(7)
Free cash flow is the financial measure from the tabular list of 2023 Most Important Measures show below, which, in the Company’s assessment, represents for 2023 the most important performance measure used to link compensation actually paid to our CEOs and other NEOs to the Company’s performance. Free cash flow is defined in Appendix A on page A-1 and is a non-GAAP financial measure.
     
Company Selected Measure Name Free cash flow      
Named Executive Officers, Footnote Our
non-PEO
NEOs included in the table above are the following individuals: for 2023, Brian West, Stephanie Pope, Stanley Deal and Theodore Colbert III; for 2022, Brian West, Stanley Deal, Theodore Colbert III, Brett Gerry and Leanne Caret; for 2021, Gregory Smith, David Dohnalek, Brian West, Leanne Caret, Theodore Colbert III and Stanley Deal; and for 2020, Michael D’Ambrose, Stanley Deal and Leanne Caret (but excluding Mr. Smith, whose 2020 compensation is included in the interim PEO columns). 		     
Peer Group Issuers, Footnote Pursuant to SEC rules, the TSR figures assume an initial investment of $100 on December 31, 2019. As permitted by SEC rules, the peer group referenced for purpose of the TSR comparison is the group of companies included in the S&P 500 Aerospace and Defense Industry Index. The separate peer group used by the Compensation Committee for purposes of determining total direct compensation for our executive officers is described in more detail on page 55.      
Adjustment To PEO Compensation, Footnote
(2)
The dollar amounts shown in these columns reflect “compensation actually paid” to Mr. Calhoun and Mr. Smith, respectively, calculated in accordance with SEC rules. As required, the dollar amounts include (among other items) unpaid amounts of equity compensation that may be realizable in future periods, and as such, the dollar amounts shown do not fully represent the actual final amount of compensation earned or actually paid to either individual during the applicable years. The adjustments made to each of Mr. Calhoun’s and Mr. Smith’s total compensation for each year to determine CAP are shown in the table below (which also includes the adjustments made to calculate average CAP for our non-PEO NEOs, or Other NEOs, who are identified by name and year in footnote 3). For Mr. Smith, information is only included with respect to 2020, the year in which he served as interim CEO.
 
Reconciliation of SCT Total to CAP Total
(a)
    
SCT Total
  
  
  
Grant Date Fair Value
of Awards
Granted During Year
(b)
  
  
  
Fair Value of Equity
Calculated Using SEC
Methodology
(c)
  
  
  
Change in Actuarial
Value of Pension
Benefits During Year
  
  
  
CAP Total
PEO
  2023   $32,770,519   –   $30,231,750   +   $41,856,237   –   $0   =   $44,395,006
  2022   $22,597,178   –   $17,000,000   +   $9,606,552   –   $0   =   $15,203,730
  2021   $21,167,410   –   $16,000,000   +   $12,627,959   –   $0   =   $17,795,369
  2020   $21,074,052   –   $20,515,106   +   $13,804,391   –   $0   =   $14,363,337
Interim PEO
  2020   $5,221,778   –   $2,565,845   +   ($5,510,299)   –   $411,186   =   ($3,265,552)
Other NEOs (Average)
  2023   $10,767,252   –   $8,164,238   +   $10,961,834   –   $114,211   =   $13,450,637
  2022   $7,337,949   –   $4,870,000   +   $3,322,785   –   $0   =   $5,790,734
  2021   $6,148,165   –   $4,093,722   +   $2,798,611   –   $0   =   $4,853,054
  2020   $4,904,755   –   $2,360,131   +   $481,212   –   $472,087   =   $2,553,749
 
  (a)
As shown in these tables, the CAP totals represent the SCT figure for the applicable year, but adjusted as required by SEC rules to (1) include the fair value of current and prior year equity awards that are outstanding, vested or forfeited during the applicable year, instead of the grant date value of awards granted during the applicable year, and (2) exclude any positive aggregate change in the actuarial present value of all defined benefit pension plan benefits for the applicable year. For the group of Other NEOs, averages of the foregoing amounts were used. We note the SEC rules also require CAP to include any actuarially determined service cost or prior service cost under pension plans for services rendered by the executive during the applicable year. However, our executives who participate in our defined benefit plans ceased accruing service credit under those plans when they were frozen at the end of 2015; thus, there is no longer service or prior service cost and no adjustment is required for this element.
 
  (b)
Amounts disclosed in this column represent the total of the amounts reported in the Stock Awards and Option Awards columns of the SCT for the applicable year. For the group of Other NEOs, averages of the foregoing amounts were used.
 
  (c)
The fair value of equity component of the CAP calculation was determined in accordance with SEC methodology for this disclosure. Unlike the SCT (on page 72), which requires us to show the grant date fair value of equity awards granted during the applicable year, the CAP table requires us to calculate equity fair value as follows:
 
  •  
for awards granted during the applicable year (and which are still outstanding), the
year-end
value;
plus
 
 
  •  
for awards granted during prior years that were still outstanding as of the applicable
year-end,
the change in value as of the applicable
year-end
compared against the prior
year-end;
plus
 
  •  
for awards granted in prior years that vested during the applicable year, the change in value as of the vesting date compared against the prior
year-end;
plus
 
  •  
for any awards granted in the applicable year that vested during the applicable year, the value as of the vesting date;
plus
 
  •  
for any awards that vested during the applicable year, the value of any dividend equivalents that accrued during the vesting period with respect to those awards and were paid out at the same time as the underlying awards, as of the vesting date;
minus
 
  •  
for awards granted in prior years that were forfeited during the applicable year, the value as of the prior
year-end.
The specific calculations for the CEO, interim CEO and Other NEOs (for this group, calculated as the average) for the relevant years are shown in the table below.
 
CAP Fair Value of Equity Calculation
    
YE Value of
Current Year
Awards
Outstanding
as of YE
       
Change in Value
as of YE for 
Prior
Year
 Awards
Outstanding
as of YE
       
Change in Value as
of Vesting Date for
Prior Year 
Awards That
Vested During
the Year
       
Value as of
Vesting Date for 
Current
 
Year
Awards That
Vested During
the Year*
       
Value as of
Vesting Date for
Dividend
Equivalents
That Vested
During
the Year
       
Value as of Prior
YE for 
Prior
Year 
Awards
Forfeited
During
the Year
       
Value of
Equity for
CAP
Purposes
PEO
  2023   $29,180,336   +   $12,126,342   +   $122,179   +   $427,380   +   $0   –   $0   =   $41,856,237
  2022   $14,652,897   +   ($2,959,585)   +   ($92,993)   +   $225,481   +   $0   –   $2,219,249   =   $9,606,552
  2021   $13,701,091   +   ($1,444,024)   +   $60,047   +   $310,845   +   $0   –   $0   =   $12,627,959
  2020   $13,804,391   +   $0   +   $0   +   $0   +   $0   –   $0   =   $13,804,391
Interim PEO
  2020   $1,721,648   +   ($7,138,752)   +   ($400,096)   +   $0   +   $306,901   –   $0   =   ($5,510,299)
Other NEOs – CAP Fair Value of Equity Calculation (Average)
  2023   $7,583,847   +   $3,327,691   +   $39,635   +   $10,661   +   $0   –   $0   =   $10,961,834
  2022   $3,443,174   +   ($168,997)   +   $42,641   +   $234,739   +   $52,081   –   $280,852   =   $3,322,785
  2021   $2,856,140   +   ($477,121)   +   $212,559   +   $145,153   +   $213,322   –   $151,441   =   $2,798,611
  2020   $2,077,475   +   ($1,774,384)   +   ($363,489)   +   $0   +   $541,610   –   $0   =   $481,212
 
  *
We generally do not issue equity awards that vest in the year of grant. The amounts shown in this column exclusively reflect the portion of any current year award that was withheld from a current year award to pay FICA payroll tax withholding obligations (and income taxes due on the amounts withheld) due in connection with the executive qualifying as retirement-eligible during the applicable year.
     
Non-PEO NEO Average Total Compensation Amount $ 10,767,252 $ 7,337,949 $ 6,148,165 $ 4,904,755
Non-PEO NEO Average Compensation Actually Paid Amount $ 13,450,637 5,790,734 4,853,054 2,553,749
Adjustment to Non-PEO NEO Compensation Footnote
(2)
The dollar amounts shown in these columns reflect “compensation actually paid” to Mr. Calhoun and Mr. Smith, respectively, calculated in accordance with SEC rules. As required, the dollar amounts include (among other items) unpaid amounts of equity compensation that may be realizable in future periods, and as such, the dollar amounts shown do not fully represent the actual final amount of compensation earned or actually paid to either individual during the applicable years. The adjustments made to each of Mr. Calhoun’s and Mr. Smith’s total compensation for each year to determine CAP are shown in the table below (which also includes the adjustments made to calculate average CAP for our non-PEO NEOs, or Other NEOs, who are identified by name and year in footnote 3). For Mr. Smith, information is only included with respect to 2020, the year in which he served as interim CEO.
 
Reconciliation of SCT Total to CAP Total
(a)
    
SCT Total
  
  
  
Grant Date Fair Value
of Awards
Granted During Year
(b)
  
  
  
Fair Value of Equity
Calculated Using SEC
Methodology
(c)
  
  
  
Change in Actuarial
Value of Pension
Benefits During Year
  
  
  
CAP Total
PEO
  2023   $32,770,519   –   $30,231,750   +   $41,856,237   –   $0   =   $44,395,006
  2022   $22,597,178   –   $17,000,000   +   $9,606,552   –   $0   =   $15,203,730
  2021   $21,167,410   –   $16,000,000   +   $12,627,959   –   $0   =   $17,795,369
  2020   $21,074,052   –   $20,515,106   +   $13,804,391   –   $0   =   $14,363,337
Interim PEO
  2020   $5,221,778   –   $2,565,845   +   ($5,510,299)   –   $411,186   =   ($3,265,552)
Other NEOs (Average)
  2023   $10,767,252   –   $8,164,238   +   $10,961,834   –   $114,211   =   $13,450,637
  2022   $7,337,949   –   $4,870,000   +   $3,322,785   –   $0   =   $5,790,734
  2021   $6,148,165   –   $4,093,722   +   $2,798,611   –   $0   =   $4,853,054
  2020   $4,904,755   –   $2,360,131   +   $481,212   –   $472,087   =   $2,553,749
 
  (a)
As shown in these tables, the CAP totals represent the SCT figure for the applicable year, but adjusted as required by SEC rules to (1) include the fair value of current and prior year equity awards that are outstanding, vested or forfeited during the applicable year, instead of the grant date value of awards granted during the applicable year, and (2) exclude any positive aggregate change in the actuarial present value of all defined benefit pension plan benefits for the applicable year. For the group of Other NEOs, averages of the foregoing amounts were used. We note the SEC rules also require CAP to include any actuarially determined service cost or prior service cost under pension plans for services rendered by the executive during the applicable year. However, our executives who participate in our defined benefit plans ceased accruing service credit under those plans when they were frozen at the end of 2015; thus, there is no longer service or prior service cost and no adjustment is required for this element.
 
  (b)
Amounts disclosed in this column represent the total of the amounts reported in the Stock Awards and Option Awards columns of the SCT for the applicable year. For the group of Other NEOs, averages of the foregoing amounts were used.
 
  (c)
The fair value of equity component of the CAP calculation was determined in accordance with SEC methodology for this disclosure. Unlike the SCT (on page 72), which requires us to show the grant date fair value of equity awards granted during the applicable year, the CAP table requires us to calculate equity fair value as follows:
 
  •  
for awards granted during the applicable year (and which are still outstanding), the
year-end
value;
plus
 
 
  •  
for awards granted during prior years that were still outstanding as of the applicable
year-end,
the change in value as of the applicable
year-end
compared against the prior
year-end;
plus
 
  •  
for awards granted in prior years that vested during the applicable year, the change in value as of the vesting date compared against the prior
year-end;
plus
 
  •  
for any awards granted in the applicable year that vested during the applicable year, the value as of the vesting date;
plus
 
  •  
for any awards that vested during the applicable year, the value of any dividend equivalents that accrued during the vesting period with respect to those awards and were paid out at the same time as the underlying awards, as of the vesting date;
minus
 
  •  
for awards granted in prior years that were forfeited during the applicable year, the value as of the prior
year-end.
The specific calculations for the CEO, interim CEO and Other NEOs (for this group, calculated as the average) for the relevant years are shown in the table below.
 
CAP Fair Value of Equity Calculation
    
YE Value of
Current Year
Awards
Outstanding
as of YE
       
Change in Value
as of YE for 
Prior
Year
 Awards
Outstanding
as of YE
       
Change in Value as
of Vesting Date for
Prior Year 
Awards That
Vested During
the Year
       
Value as of
Vesting Date for 
Current
 
Year
Awards That
Vested During
the Year*
       
Value as of
Vesting Date for
Dividend
Equivalents
That Vested
During
the Year
       
Value as of Prior
YE for 
Prior
Year 
Awards
Forfeited
During
the Year
       
Value of
Equity for
CAP
Purposes
PEO
  2023   $29,180,336   +   $12,126,342   +   $122,179   +   $427,380   +   $0   –   $0   =   $41,856,237
  2022   $14,652,897   +   ($2,959,585)   +   ($92,993)   +   $225,481   +   $0   –   $2,219,249   =   $9,606,552
  2021   $13,701,091   +   ($1,444,024)   +   $60,047   +   $310,845   +   $0   –   $0   =   $12,627,959
  2020   $13,804,391   +   $0   +   $0   +   $0   +   $0   –   $0   =   $13,804,391
Interim PEO
  2020   $1,721,648   +   ($7,138,752)   +   ($400,096)   +   $0   +   $306,901   –   $0   =   ($5,510,299)
Other NEOs – CAP Fair Value of Equity Calculation (Average)
  2023   $7,583,847   +   $3,327,691   +   $39,635   +   $10,661   +   $0   –   $0   =   $10,961,834
  2022   $3,443,174   +   ($168,997)   +   $42,641   +   $234,739   +   $52,081   –   $280,852   =   $3,322,785
  2021   $2,856,140   +   ($477,121)   +   $212,559   +   $145,153   +   $213,322   –   $151,441   =   $2,798,611
  2020   $2,077,475   +   ($1,774,384)   +   ($363,489)   +   $0   +   $541,610   –   $0   =   $481,212
 
  *
We generally do not issue equity awards that vest in the year of grant. The amounts shown in this column exclusively reflect the portion of any current year award that was withheld from a current year award to pay FICA payroll tax withholding obligations (and income taxes due on the amounts withheld) due in connection with the executive qualifying as retirement-eligible during the applicable year.
     
Compensation Actually Paid vs. Total Shareholder Return
 
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Compensation Actually Paid vs. Net Income
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Compensation Actually Paid vs. Company Selected Measure
 
 
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Tabular List, Table
Required Tabular Disclosure of Most Important Measures Linking Compensation Actually Paid During 2023 to Company Performance
As required, we disclose below the most important measures used by the Company to link compensation actually paid to our NEOs for 2023 to Company performance. For further information regarding these performance metrics and their function in our executive compensation program, please see “Compensation Discussion and Analysis” beginning on page 4
5
.
 
   
2023 Most Important Measures (Unranked)
 
•   Core earnings per share
  
•   Operational performance
 
•   Free cash flow
  
•   Revenue
   
•   Operating earnings
  
     
Total Shareholder Return Amount $ 80.49 58.82 62.17 66.1
Peer Group Total Shareholder Return Amount 119.09 111.54 95.03 83.94
Net Income (Loss) $ (2,222,000,000) $ (4,935,000,000) $ (4,202,000,000) $ (11,873,000,000)
Company Selected Measure Amount 4,433,000,000 2,000,000,000 (4,396,000,000) (19,713,000,000)
Measure:: 1        
Pay vs Performance Disclosure        
Name Core earnings per share      
Measure:: 2        
Pay vs Performance Disclosure        
Name Operational performance      
Measure:: 3        
Pay vs Performance Disclosure        
Name Free cash flow      
Non-GAAP Measure Description Free cash flow is the financial measure from the tabular list of 2023 Most Important Measures show below, which, in the Company’s assessment, represents for 2023 the most important performance measure used to link compensation actually paid to our CEOs and other NEOs to the Company’s performance. Free cash flow is defined in Appendix A on page A-1 and is a non-GAAP financial measure.      
Measure:: 4        
Pay vs Performance Disclosure        
Name Revenue      
Measure:: 5        
Pay vs Performance Disclosure        
Name Operating earnings      
David Calhoun [Member]        
Pay vs Performance Disclosure        
PEO Total Compensation Amount $ 32,770,519 $ 22,597,178 $ 21,167,410 $ 21,074,052
PEO Actually Paid Compensation Amount $ 44,395,006 15,203,730 17,795,369 14,363,337
PEO Name David Calhoun      
Gregory Smith [Member]        
Pay vs Performance Disclosure        
PEO Total Compensation Amount       5,221,778
PEO Actually Paid Compensation Amount       $ (3,265,552)
PEO Name       Gregory Smith
PEO | Grant Date Fair Value of Awards Granted During Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ 30,231,750 17,000,000 16,000,000 $ 20,515,106
PEO | Fair Value of Equity Calculated Using SEC Methodology [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 41,856,237 9,606,552 12,627,959 13,804,391
PEO | Change in Actuarial Value of Pension Benefits During Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 0 0
PEO | David Calhoun [Member] | Fair Value of Equity Calculated Using SEC Methodology [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 41,856,237 9,606,552 12,627,959 13,804,391
PEO | David Calhoun [Member] | YE Value of Current Year Awards Outstanding as of YE [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 29,180,336 14,652,897 13,701,091 13,804,391
PEO | David Calhoun [Member] | Change in Value as of YE for Prior Year Awards Outstanding as of YE [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 12,126,342 (2,959,585) (1,444,024) 0
PEO | David Calhoun [Member] | Change in Value as of Vesting Date for Prior Year Awards That Vested During the Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 122,179 (92,993) 60,047 0
PEO | David Calhoun [Member] | Value as of Vesting Date for Current Awards That Vested During the Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 427,380 225,481 310,845 0
PEO | David Calhoun [Member] | Value as of Vesting Date for Dividend Equivalents That Vested During the Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 0 0
PEO | David Calhoun [Member] | Value as of Prior YE for Prior Year Awards Forfeited During the Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 2,219,249 0 0
PEO | Gregory Smith [Member] | Grant Date Fair Value of Awards Granted During Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount       2,565,845
PEO | Gregory Smith [Member] | Fair Value of Equity Calculated Using SEC Methodology [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount       (5,510,299)
PEO | Gregory Smith [Member] | Change in Actuarial Value of Pension Benefits During Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount       411,186
PEO | Gregory Smith [Member] | YE Value of Current Year Awards Outstanding as of YE [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount       1,721,648
PEO | Gregory Smith [Member] | Change in Value as of YE for Prior Year Awards Outstanding as of YE [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount       (7,138,752)
PEO | Gregory Smith [Member] | Change in Value as of Vesting Date for Prior Year Awards That Vested During the Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount       (400,096)
PEO | Gregory Smith [Member] | Value as of Vesting Date for Current Awards That Vested During the Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount       0
PEO | Gregory Smith [Member] | Value as of Vesting Date for Dividend Equivalents That Vested During the Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount       306,901
PEO | Gregory Smith [Member] | Value as of Prior YE for Prior Year Awards Forfeited During the Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount       0
Non-PEO NEO | Grant Date Fair Value of Awards Granted During Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 8,164,238 4,870,000 4,093,722 2,360,131
Non-PEO NEO | Fair Value of Equity Calculated Using SEC Methodology [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 10,961,834 3,322,785 2,798,611 481,212
Non-PEO NEO | Change in Actuarial Value of Pension Benefits During Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 114,211 0 0 472,087
Non-PEO NEO | YE Value of Current Year Awards Outstanding as of YE [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 7,583,847 3,443,174 2,856,140 2,077,475
Non-PEO NEO | Change in Value as of YE for Prior Year Awards Outstanding as of YE [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 3,327,691 (168,997) (477,121) (1,774,384)
Non-PEO NEO | Change in Value as of Vesting Date for Prior Year Awards That Vested During the Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 39,635 42,641 212,559 (363,489)
Non-PEO NEO | Value as of Vesting Date for Current Awards That Vested During the Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 10,661 234,739 145,153 0
Non-PEO NEO | Value as of Vesting Date for Dividend Equivalents That Vested During the Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 52,081 213,322 541,610
Non-PEO NEO | Value as of Prior YE for Prior Year Awards Forfeited During the Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ 0 $ 280,852 $ 151,441 $ 0