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Stock Plans (Tables)
9 Months Ended
Sep. 30, 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, 202033,855,948 $36.195 years$640  million
Annual grant to eligible employees2,280,440 59.04
Additional options issued131,970 49.23
Total options granted2,412,410 58.50
Options exercised (1)
(6,737,525)30.71$173  million
Options canceled(558,246)44.10
Balance at September 30, 202028,972,587 39.165 years$533  million

(1)Cash received from options exercised was $59 million in the three months and $201 million in the nine months ended September 30, 2020. The actual tax benefit realized and recorded in the provision for income taxes for the tax deductions from the option exercises totaled $5 million in the three months and $23 million in the nine months ended September 30, 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, 20205,661,945 $46.90
Annual grant to eligible employees:Feb. 20, 2020
Performance share units825,230 65.83
Deferred stock units545,550 59.04
Additional shares granted (1)
371,761 Various56.82
Total shares granted1,742,541 61.78$108  million
Vested (2)
(1,718,365)43.04$74  million
Forfeited(422,229)47.33
Balance at September 30, 20205,263,892 53.05

(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 $1 million in the three months and $3 million in the nine months ended September 30, 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.