XML 37 R28.htm IDEA: XBRL DOCUMENT v3.23.2

Note 3 - Stock-based Compensation (Tables)

6 Months Ended

Jun. 30, 2023

Notes Tables

Share-Based Payment Arrangement, Cost by Plan [Table Text Block]

		Three Months Ended								Six Months Ended
		June 30,								June 30,
Millions		2023				2022				2023				2022
Stock-based compensation, before tax:
Stock options		$	4			$	3			$	8			$	7
Retention awards			15				19				33				41
ESPP			5				4				11				8
Total stock-based compensation, before tax		$	24			$	26			$	52			$	56
Excess income tax benefits from equity compensation plans		$	1			$	1			$	7			$	18

Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

Weighted-Average Assumptions		2023				2022
Risk-free interest rate			3.9	%			1.6	%
Dividend yield			2.6	%			1.9	%
Expected life (years)			4.5				4.4
Volatility			29.3	%			28.7	%
Weighted-average grant-date fair value of options granted		$	48.31			$	51.92

Share-Based Payment Arrangement, Option, Activity [Table Text Block]

	Options (thous.)			Weighted-Average Exercise Price				Weighted-Average Remaining Contractual Term (in years)				Aggregate Intrinsic Value (millions)
Outstanding at January 1, 2023			1,974			$	169.64				6.0			$	86
Granted			351				202.81				N/A				N/A
Exercised			(72	)			107.65				N/A				N/A
Forfeited or expired			(5	)			224.05				N/A				N/A
Outstanding at June 30, 2023			2,248			$	176.68				6.3			$	75
Vested or expected to vest at June 30, 2023			2,228			$	176.31				6.3			$	75
Options exercisable at June 30, 2023			1,580			$	160.07				5.2			$	75

Cash Proceeds Received and Tax Benefit from Share-Based Payment Awards [Table Text Block]

		Three Months Ended								Six Months Ended
		June 30,								June 30,
Millions		2023				2022				2023				2022
Intrinsic value of stock options exercised		$	3			$	2			$	7			$	44
Cash received from option exercises			4				2				8				17
Treasury shares repurchased for employee payroll taxes			(1	)			-				(2	)			(5	)
Income tax benefit realized from option exercises			1				1				2				6
Aggregate grant-date fair value of stock options vested			-				-				14				13

Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]

	Shares (thous.)			Weighted-Average Grant-Date Fair Value
Nonvested at January 1, 2023			1,069			$	196.47
Granted			295				202.72
Vested			(300	)			162.65
Forfeited			(25	)			205.20
Nonvested at June 30, 2023			1,039			$	207.80

Schedule of Nonvested Performance-Based Units Activity [Table Text Block]

	Shares (thous.)			Weighted-Average Grant-Date Fair Value
Nonvested at January 1, 2023			594			$	199.82
Granted			251				202.81
Vested			(73	)			186.67
Unearned			(127	)			186.11
Forfeited			(4	)			222.66
Nonvested at June 30, 2023			641			$	205.06

X

- Definition

Tabular disclosure of cash received from exercise of stock options and similar instruments granted under share-based payment arrangements and tax benefit from exercise of stock options.

+ References

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

+ Details

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

X

- Definition

Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit.

+ 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_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the changes in outstanding nonvested performance-based units.

+ References

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

+ Details

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

X

- Definition

Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-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_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

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

+ Details

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

X

- Definition

Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

+ References

No definition available.

+ Details

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

X

- References

No definition available.

+ Details

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