XML 68 R45.htm IDEA: XBRL DOCUMENT v3.25.0.1

Share-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Compensation Expense and Related Income Tax Benefit

The compensation expense from the Company’s share-based compensation plans and associated income tax benefit, excluding the effects of excess tax benefits or shortfalls, are included in the Consolidated Statements of Operations as follows (in millions):

			Year Ended December 31,
Compensation costs and related income tax benefit			2024						2023						2022
Cost of sales			$	9					$	6					$	6
Selling and marketing			27						16						22
Research and development			36						25						34
General and administration			38						19						34
Total compensation expense			$	110					$	66					$	96
Income tax benefit			$	18					$	13					$	17

Schedule of Equity Awards Activity

A summary of the Company’s restricted and performance stock-settled awards for the years ended December 31, 2024, 2023 and 2022 is as follows:

						Year Ended December 31, 2024
						RSUs												PSUs												RSAs
						Units						Weighted-Average Grant Date Fair Value						Units						Weighted-Average Grant Date Fair Value						Shares						Weighted-Average Grant Date Fair Value
Outstanding at beginning of year						437,379						$	299.19					195,932						$	334.59					433						$	477.74
Granted						277,390						309.99						88,029						309.05						6,264						319.95
Released						(210,972)						322.67						(35,597)						482.42						(6,697)						330.15
Forfeited						(21,730)						293.83						(6,418)						304.52						—						—
Outstanding at end of year						482,067						$	295.39					241,946						$	304.44					—						$	—

						Year Ended December 31, 2023
						RSUs												PSUs												RSAs												PSAs
						Units						Weighted-Average Grant Date Fair Value						Units						Weighted-Average Grant Date Fair Value						Shares						Weighted-Average Grant Date Fair Value						Shares						Weighted-Average Grant Date Fair Value
Outstanding at beginning of year						242,732						$	404.19					105,928						$	406.89					46,971						$	271.92					35,246						$	245.79
Granted						336,168						260.31						104,620						258.57						6,640						271.77						—						—
Released						(95,837)						412.47						(64)						482.42						(51,695)						267.66						(35,171)						245.82
Forfeited						(45,684)						332.66						(14,552)						313.74						(1,483)						335.98						(75)						244.97
Outstanding at end of year						437,379						$	299.19					195,932						$	334.59					433						$	477.74					—						$	—

						Year Ended December 31, 2022
						RSUs												PSUs												RSAs												PSAs
						Units						Weighted-Average Grant Date Fair Value						Units						Weighted-Average Grant Date Fair Value						Shares						Weighted-Average Grant Date Fair Value						Shares						Weighted-Average Grant Date Fair Value
Outstanding at beginning of year						130,009						$	518.80					37,691						$	482.42					154,322						$	253.54					74,032						$	225.34
Granted						181,351						359.02						70,777						367.16						6,122						321.03						—						—
Released						(48,095)						518.64						(226)						482.42						(104,891)						248.36						(38,671)						206.62
Forfeited						(20,533)						463.11						(2,314)						410.80						(8,582)						259.93						(115)						244.62
Outstanding at end of year						242,732						$	404.19					105,928						$	406.89					46,971						$	271.92					35,246						$	245.79

Schedule of SARs Activity

A summary of the Company’s SARs is as follows:

			2024												2023												2022
			SARs						Weighted-Average Grant Date Exercise Price						SARs						Weighted-Average Grant Date Exercise Price						SARs						Weighted-Average Grant Date Exercise Price
Outstanding at beginning of year			398,838						$	124.96					443,476						$	122.67					474,151						$	121.05
Granted			—						—						—						—						—						—
Exercised			(178,203)						103.05						(42,957)						99.39						(28,659)						88.35
Forfeited			—						—						(976)						244.15						(1,987)						229.46
Expired			(2)						86.80						(705)						78.54						(29)						205.12
Outstanding at end of year			220,633						$	142.57					398,838						$	124.96					443,476						$	122.67
Exercisable at end of year			220,633						$	142.57					385,305						$	120.35					400,351						$	110.14

Schedule of Information for SARs Outstanding

The following table summarizes information about SARs outstanding as of December 31, 2024:

			Outstanding						Exercisable
Aggregate intrinsic value (in millions)			$	54					$	54
Weighted-average remaining contractual life (in years)			1.3						1.3

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of share-based payment arrangement.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of activity for award under share-based payment arrangement. Includes, but is not limited to, outstanding award at beginning and end of year, granted, exercised, forfeited, and weighted-average grant date fair value.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for stock appreciation rights awards that were outstanding at the beginning and end of the year, and the number of stock appreciation rights awards that were granted, exercised or converted, forfeited, and expired during the year.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockAppreciationRightsAwardActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration