XML 140 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Pay vs Performance Disclosure
 12 Months Ended 24 Months Ended 36 Months Ended 48 Months Ended 60 Months Ended
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2024
USD ($)
Pay vs Performance Disclosure [Table]                  
Pay vs Performance Disclosure, Table

PAY VERSUS PERFORMANCE TABLE

 

                             
                    Value of Initial Fixed $100
Investment Based On:		        
Year(1)   SCT Total
Compensation
for CEO		   Compensation
Actually Paid
to CEO(2)		   Average
SCT Total
Compensation
for Other NEOs		   Average
Compensation
Actually Paid
to Other NEOs(2)		   Cumulative
TSR(3)		 Cumulative
Peer Group
TSR (S&P 500
Industrials)(3)		   Net
Income ($M)		   Return
on
Equity(4)
2024   $25,261,296   $45,738,387   $9,094,854   $15,172,848   $274.14     $176.44   $10,792    55.0%
2023   $25,830,332   $39,641,382   $7,698,819   $11,525,285   $219.91   $150.20   $10,335    61.5%
2022   $20,607,600   $34,096,694   $6,610,827   $10,398,658   $174.60   $127.15   $6,705    45.3%
2021   $24,298,032   $34,172,491   $7,610,248   $10,084,611   $147.22   $134.52   $6,489    37.2%
2020   $13,676,551   $28,536,469   $4,749,102   $9,387,400   $126.97   $111.06   $2,998    24.0%
                
Company Selected Measure Name Return on Equity                
Named Executive Officers, Footnote
(1) For each covered year, D. James Umpleby III served as our chief executive officer. Other Named Executive Officers are as follows: for 2024, 2022 and 2021, Joe Creed, Denise Johnson, Bob De Lange and Andrew Bonfield; for 2023, Andrew Bonfield, Suzette Long, Denise Johnson and Joe Creed; and for 2020, Andrew Bonfield, William Ainsworth, Bob De Lange and Denise Johnson.
(2) Amounts reported in this column are based on total compensation reported for our CEO and for other NEOs, respectively, in the Summary Compensation Table for the indicated fiscal years and adjusted as shown in the table below. Fair value of equity awards was computed in accordance with the company’s methodology used for financial reporting purposes.
                
Peer Group Issuers, Footnote [Text Block]
(3) Total shareholder return amounts assume an initial investment of $100 on December 31, 2019.
                
PEO Total Compensation Amount $ 25,261,296 $ 25,830,332 $ 20,607,600 $ 24,298,032 $ 13,676,551        
PEO Actually Paid Compensation Amount $ 45,738,387 39,641,382 34,096,694 34,172,491 28,536,469        
Adjustment To PEO Compensation, Footnote
      SCT Total
Compensation		   Grant Date fair
value of current
year grants as
disclosed in the
SCT		   Year-End fair
value of
awards
granted in
current year
and unvested
at year-end		   Change in fair
value of
awards
granted in
prior years and
unvested at
year-end		   Change in fair
value of
awards
granted in
prior years and
vested in
current year		   Prior
Year-End
fair value of
any awards
forfeited during
current year		   Compensation
Actually Paid
2024  CEO(1)  $25,261,296   $(18,205,012)  $24,510,628   $7,650,777   $6,520,698   $—   $45,738,387
   NEO Average(1)  $9,094,854   $(6,295,975)   $8,398,883   $2,113,899   $1,861,187   $—   $15,172,848
                
Non-PEO NEO Average Total Compensation Amount $ 9,094,854 7,698,819 6,610,827 7,610,248 4,749,102        
Non-PEO NEO Average Compensation Actually Paid Amount $ 15,172,848 11,525,285 10,398,658 10,084,611 9,387,400        
Adjustment to Non-PEO NEO Compensation Footnote
      SCT Total
Compensation		   Grant Date fair
value of current
year grants as
disclosed in the
SCT		   Year-End fair
value of
awards
granted in
current year
and unvested
at year-end		   Change in fair
value of
awards
granted in
prior years and
unvested at
year-end		   Change in fair
value of
awards
granted in
prior years and
vested in
current year		   Prior
Year-End
fair value of
any awards
forfeited during
current year		   Compensation
Actually Paid
2024  CEO(1)  $25,261,296   $(18,205,012)  $24,510,628   $7,650,777   $6,520,698   $—   $45,738,387
   NEO Average(1)  $9,094,854   $(6,295,975)   $8,398,883   $2,113,899   $1,861,187   $—   $15,172,848
                
Compensation Actually Paid vs. Total Shareholder Return [Text Block]

Compensation Actually Paid and TSR

 

                
Compensation Actually Paid vs. Net Income [Text Block]

Compensation Actually Paid and Net Income

 

                
Compensation Actually Paid vs. Company Selected Measure [Text Block]

Compensation Actually Paid and ROE

 

                
Tabular List [Table Text Block]

COMPANY’S MOST IMPORTANT FINANCIAL PERFORMANCE MEASURES

 

The following are the most important financial performance measures (shown in alphabetical order), as determined by the company, that link compensation actually paid to our CEO and other NEOs to the company’s performance for the most recently completed fiscal year.

 

Most Important Financial Measures  
Adjusted Profit Per Share Enterprise Services Revenues
Enterprise Operating Profit Margin Relative TSR
Enterprise Operating Profit Return on Equity
Enterprise Operating Profit After Capital Charge (OPACC)  
                
Total Shareholder Return Amount         126.97 $ 147.22 $ 174.60 $ 219.91 $ 274.14
Peer Group Total Shareholder Return Amount         111.06 $ 134.52 $ 127.15 $ 150.20 $ 176.44
Net Income (Loss) Attributable to Parent $ 10,792,000,000 $ 10,335,000,000 $ 6,705,000,000 $ 6,489,000,000 $ 2,998,000,000        
Company Selected Measure Amount 0.550 0.615 0.453 0.372 0.240        
PEO Name D. James Umpleby II D. James Umpleby II D. James Umpleby II D. James Umpleby II D. James Umpleby II        
Measure [Axis]: 1                  
Pay vs Performance Disclosure [Table]                  
Measure Name Return on Equity                
Non-GAAP Measure Description [Text Block]
(4) In accordance with SEC rules, the company is required to include in the Pay Versus Performance Table the “most important” financial performance measure (as determined by the company) used to link compensation actually paid to our executive officers to company performance for the most recently completed fiscal year. The company determined Return on Equity, which is a metric included in our incentive program, meets this requirement, and therefore, we have included this performance measure in the Pay Versus Performance Table. See page 55 for information regarding adjustments made to ROE.
                
Measure [Axis]: 2                  
Pay vs Performance Disclosure [Table]                  
Measure Name Adjusted Profit Per Share                
Measure [Axis]: 3                  
Pay vs Performance Disclosure [Table]                  
Measure Name Enterprise Operating Profit Margin                
Measure [Axis]: 4                  
Pay vs Performance Disclosure [Table]                  
Measure Name Enterprise Operating Profit                
Measure [Axis]: 5                  
Pay vs Performance Disclosure [Table]                  
Measure Name Enterprise Operating Profit After Capital Charge (OPACC)                
Measure [Axis]: 6                  
Pay vs Performance Disclosure [Table]                  
Measure Name Enterprise Services Revenues                
Measure [Axis]: 7                  
Pay vs Performance Disclosure [Table]                  
Measure Name Relative TSR                
Grant Date Fair Value Of Current Year Grants As Disclosed In The S C T [Member] | PEO [Member]                  
Pay vs Performance Disclosure [Table]                  
Adjustment to Compensation Amount $ (18,205,012)                
Grant Date Fair Value Of Current Year Grants As Disclosed In The S C T [Member] | Non-PEO NEO [Member]                  
Pay vs Performance Disclosure [Table]                  
Adjustment to Compensation Amount (6,295,975)                
Year End Fair Value Of Awards Granted In Current Year And Unvested At Year End [Member] | PEO [Member]                  
Pay vs Performance Disclosure [Table]                  
Adjustment to Compensation Amount 24,510,628                
Year End Fair Value Of Awards Granted In Current Year And Unvested At Year End [Member] | Non-PEO NEO [Member]                  
Pay vs Performance Disclosure [Table]                  
Adjustment to Compensation Amount 8,398,883                
Change In Fair Value Of Awards Granted In Prior Years And Unvested At Year End [Member] | PEO [Member]                  
Pay vs Performance Disclosure [Table]                  
Adjustment to Compensation Amount 7,650,777                
Change In Fair Value Of Awards Granted In Prior Years And Unvested At Year End [Member] | Non-PEO NEO [Member]                  
Pay vs Performance Disclosure [Table]                  
Adjustment to Compensation Amount 2,113,899                
Change In Fair Value Of Awards Granted In Prior Years And Vested In Current Year [Member] | PEO [Member]                  
Pay vs Performance Disclosure [Table]                  
Adjustment to Compensation Amount 6,520,698                
Change In Fair Value Of Awards Granted In Prior Years And Vested In Current Year [Member] | Non-PEO NEO [Member]                  
Pay vs Performance Disclosure [Table]                  
Adjustment to Compensation Amount 1,861,187                
Prior Year End Fair Value Of Any Awards Forfeited During Current Year [Member] | PEO [Member]                  
Pay vs Performance Disclosure [Table]                  
Adjustment to Compensation Amount 0                
Prior Year End Fair Value Of Any Awards Forfeited During Current Year [Member] | Non-PEO NEO [Member]                  
Pay vs Performance Disclosure [Table]                  
Adjustment to Compensation Amount $ 0