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Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2022

Share-Based Payment Arrangement [Abstract]

Schedule of Number of Common Shares Reserved for Issuance

The number of common shares reserved for issuance under the 2019 Plan are as follows: 

(in millions)			December 31,
			2022						2021
Shares available for granting 1			19.3						19.5
Options outstanding			0.2						0.3
Total shares reserved for issuance			19.5						19.8

1 Shares reserved for issuance under the Director Plan are less than 1.0 million at both December 31, 2022 and 2021.

Schedule of Stock-based Compensation Expense

Stock-based compensation expense and the corresponding tax benefit are as follows: 

(in millions)			Year Ended December 31,
			2022						2021						2020
Stock option expense			$	—					$	—					$	—
Restricted stock and other stock-based awards expense			214						122						90
Total stock-based compensation expense			$	214					$	122					$	90
Tax benefit			$	38					$	20					$	15

Schedule of Stock Option Activity

Stock option activity is as follows: 

(in millions, except per award amounts)			Shares						Weighted average exercise price						Weighted-average remaining years of contractual term						Aggregate intrinsic value
Options outstanding as of December 31, 2021			0.3						$	67.14
Assumed 1			—						$	97.29
Exercised			(0.1)						$	80.88
Options outstanding as of December 31, 2022			0.2						$	68.02					1.01						$	67
Options exercisable as of December 31, 2022			0.2						$	68.02					1.01						$	67

1 There are less than 0.1 million options that were assumed as part of the merger with IHS Markit.

Schedule of Stock Option Exercises

Information regarding our stock option exercises is as follows: 

(in millions)			Year Ended December 31,
			2022						2021						2020
Net cash proceeds from the exercise of stock options			$	7					$	13					$	16
Total intrinsic value of stock option exercises			$	13					$	41					$	60
Income tax benefit realized from stock option exercises			$	4					$	11					$	13

Schedule of Restricted Stock and Unit Activity

Restricted stock and other stock-based award activity is as follows: 

(in millions, except per award amounts)			Shares						Weighted-average grant-date fair value
Balance as of December 31, 2021			0.5						$	299.28
Assumed			0.9						$	380.89
Granted			0.7						$	384.65
Vested			(0.4)						$	355.82
Forfeited			(0.1)						$	372.36
Balance as of December 31, 2022			1.6						$	364.50
Total unrecognized compensation expense related to restricted awards			$	132
Weighted-average years to be recognized over			1.5

			Year Ended December 31,
			2022						2021						2020
Weighted-average grant-date fair value per award			$	384.65					$	296.49					$	232.92
Total fair value of restricted stock and other stock-based awards vested			$	146					$	243					$	134
Tax benefit relating to restricted award activity			$	30					$	48					$	26

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