XML 87 R72.htm IDEA: XBRL DOCUMENT v3.25.1
Stock Plans - Performance Share Units and Other Stock-Based Awards Activity (Details)
$ / shares in Units, $ in Millions
3 Months Ended
Mar. 31, 2025
USD ($)
$ / shares
shares
Number of Shares  
Beginning balance (in shares) | shares 4,536,574
Shares granted (in shares) | shares 2,765,725
Vested (in shares) | shares (1,397,324) [1],[2]
Forfeited (in shares) | shares (140,406) [1]
Ending balance (in shares) | shares 5,764,569
Weighted-Average Fair Value Per Share  
Beginning balance (in dollars per share) | $ / shares $ 67.76 [3]
Shares granted (in dollars per share) | $ / shares 65.55 [3]
Vested (in dollars per share) | $ / shares 63.30 [1],[2],[3]
Forfeited (in dollars per share) | $ / shares 69.14 [1],[3]
Ending balance (in dollars per share) | $ / shares $ 67.74 [3]
Weighted-Average Aggregate Fair Value  
Weighted average grant date fair value of shares granted | $ $ 181 [2]
Weighted average grant date fair value of shares vested | $ 88 [1],[2]
Actual tax benefit realized and recorded in the provision for income taxes for the tax deductions from the shares vested | $ $ 1
Performance share units  
Number of Shares  
Shares granted (in shares) | shares 1,194,640
Weighted-Average Fair Value Per Share  
Shares granted (in dollars per share) | $ / shares $ 69.49 [3]
Deferred stock units  
Number of Shares  
Shares granted (in shares) | shares 826,180
Weighted-Average Fair Value Per Share  
Shares granted (in dollars per share) | $ / shares $ 65.09 [3]
Additional shares granted  
Number of Shares  
Shares granted (in shares) | shares 744,905 [4]
Weighted-Average Fair Value Per Share  
Shares granted (in dollars per share) | $ / shares $ 59.73 [3],[4]
[1] Includes PSUs, DSUs and other stock-based awards.
[2] We recognized $1 million of income tax shortfalls upon vesting of PSUs and DSUs in the three months ended March 31, 2025.
[3] The grant date fair value of PSUs 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.
[4] Includes primarily DSUs and incremental PSUs issued over target.