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Stock Plans (Tables)
 3 Months Ended
Mar. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Stock Options Activity
Stock option activity is reflected below:
 
Shares Subject
to Option
 
Weighted-
Average
Exercise or
Grant Price
Per Share
 
Average
Remaining
Contractual
Term
 
Aggregate
Intrinsic
Value
Balance at January 1, 2020
33,855,948

 
$36.19
 
5 years
 
$
640
 million
Annual grant to eligible employees
2,280,440

 
59.04
 
 
 
 
Additional options issued
34,350

 
54.59
 
 
 
 
Total options granted
2,314,790

 
58.97
 
 
 
 
Options exercised (1)
(4,210,414
)
 
28.62
 
 
 
$
120
 million
Options canceled
(262,968
)
 
41.20
 
 
 
 
Balance at March 31, 2020
31,697,356

 
38.31
 
6 years
 
$
378
 million

(1)
Cash received from options exercised was $119 million in the three months ended March 31, 2020. The actual tax benefit realized and recorded in the provision for income taxes for the tax deductions from the option exercises totaled $17 million in the three months ended March 31, 2020.
Performance Share Units and Other Stock-Based Awards  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Performance Share Units and Stock-Based Awards Activity
Our performance share unit, deferred stock unit and historically granted restricted stock activity is reflected below:
 
Number
of Shares
 
Grant Date
 
Weighted-Average
Fair Value
Per Share (3)
 
Weighted-Average
Aggregate
Fair Value (3)
Balance at January 1, 2020
5,661,945

 
 
 
$46.90
 
 
Annual grant to eligible employees:
 
 
Feb. 20, 2020
 
 
 
 
Performance share units
825,230

 
 
 
65.83
 
 
Deferred stock units
545,550

 
 
 
59.04
 
 
Additional shares granted (1)
226,700

 
Various
 
57.53
 
 
Total shares granted
1,597,480

 
 
 
62.77
 
$
100
 million
Vested (2)
(1,585,787
)
 
 
 
43.10
 
$
68
 million
Forfeited
(287,626
)
 
 
 
44.78
 
 
Balance at March 31, 2020
5,386,012

 
 
 
52.84
 
 

(1)
Includes performance share units and deferred stock units.
(2)
The actual tax benefit/(expense) realized and recorded in the provision for income taxes for the tax deductions from the shares vested totaled less than $3 million in the three months ended March 31, 2020.
(3)
The grant date fair value of performance share units is determined based on the Monte Carlo simulation model for the market-based total shareholder return component and the closing market price of the Company’s stock on the grant date for performance-based components. The Monte Carlo simulation model incorporates the probability of achieving the total shareholder return market condition. Compensation expense is recognized using the grant date fair values regardless of whether the market condition is achieved, so long as the requisite service has been provided.