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Pay vs Performance Disclosure
 12 Months Ended
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
PAY VERSUS PERFORMANCE DISCLOSURE
The following table provides information on compensation for the principal executive officer (“PEO”), the average compensation for the other Named Executive Officers
(“Non-PEO
NEOs”) and certain measures of the Company’s financial performance for the last five fiscal years ended December 31, 2024:
 
Year
  
Summary

Compensation

Table Total

for PEO

($) (a)
    
Compensation

Actually Paid

to PEO

($) (a) (b) (c)
    
Average

Summary

Compensation

Table Total

for Non-PEO

NEOs

($) (a)
    
Average

Compensation

Actually Paid

to Non-PEO

NEOs

($) (a) (b) (c)
    
Value of Initial Fixed $100

Investment Based On:
    
Net

Income

($ Bil.)
    
After-Tax

Return

on

Revenue

(%)
  
 
Total

Shareholder

Return

($) (d)
    
Peer Group

Total

  Shareholder  

Return

($) (d) (e)
  
2024
     12,184,223       14,674,324       3,472,278       4,009,204       237.19       260.91       4.2       12.4  
2023
     20,908,665       27,166,311       5,318,704       6,468,126       214.05       214.49       4.6       13.1  
2022
     13,255,737       15,910,278       3,658,626       4,472,884       138.09       177.56       3.0       10.4  
2021
     12,800,753       10,086,318       3,743,979       3,261,059       118.03       162.88       1.9       7.9  
2020
     8,770,878       6,840,581       3,762,789       3,143,617       111.74       133.64       1.3       6.9  
 
(a)
R. P. Feight was the PEO in 2024, 2023, 2022, 2021 and 2020. H. C. Schippers, C. M. Dozier, D. C. Siver and K. D. Baney were the
Non-PEO
NEOs in 2024. H. C. Schippers, C. M. Dozier, D. C. Siver and T. R. Hubbard were the
Non-PEO
NEOs in 2023. H. C. Schippers, M. T. Barkley, C. M. Dozier and D. C. Siver were the
Non-PEO
NEOs in 2022 and 2021. H. C. Schippers, M. T. Barkley, T. K. Quinn and D. C. Siver were the
Non-PEO
NEOs in 2020.
 
(b)
The “compensation actually paid” to our PEO and
Non-PEO
NEOs in 2024 reflects the following adjustments from the Summary Compensation Table:
 
PEO
       
Summary Compensation Table Total
   
$
12,184,223
 
Deducted
Change in Pension Value in Summary Compensation Table
    ($ 1,243,176 ) 
Added
pension plan service cost and prior service cost
    $ 512,782  
Deducted
Stock and Option Awards values reported in Summary Compensation Table
    ($ 6,630,716 ) 
Added
fair value at fiscal
year-end
of Stock and Option Awards granted during covered year that remain outstanding and unvested as of fiscal year end
    $ 6,438,174  
Added
change as of covered year fiscal year end (from prior fiscal year end) in fair value of Stock and Option Awards granted in a prior fiscal year that remain outstanding and unvested as of fiscal
year-end
    $ 3,053,728  
Added
dollar value of dividends or other earnings paid on Stock or Option Awards during fiscal year prior to vesting date
    $ 359,309  
Compensation Actually Paid
   
$
14,674,324
 
 
Non-PEO
NEOs
       
Average Summary Compensation Table Total
   
$
3,472,278
 
Deducted
average Change in Pension Value in Summary Compensation Table
    ($ 381,130 ) 
Added
average pension plan service cost and prior service cost
    $ 201,072  
Deducted
average Stock and Option Awards values reported in Summary Compensation Table
    ($ 1,485,398 ) 
Added
average fair value at fiscal
year-end
of Stock and Option Awards granted during covered year that remain outstanding and unvested as of fiscal year end
    $ 1,485,208  
Added
average change as of covered year fiscal year end (from prior fiscal year end) in fair value of Stock and Option Awards granted in a prior fiscal year that remain outstanding and unvested as of fiscal
year-end
    $ 654,636  
Added
average dollar value of dividends or other earnings paid on Stock or Option Awards during fiscal year prior to vesting date
    $ 62,538  
Average Compensation Actually Paid
   
$
 4,009,204
 
 
(c)
Stock option grant date fair values are calculated based on the Black-Scholes option pricing model as of the date of grant. Adjustments have been made using stock option fair values as of each measurement date using the stock price as of the measurement date and updated assumptions (
i.e.,
term, volatility, dividend yield, risk free rates) as of the measurement date. Restricted stock/RSU grant date fair values are calculated using the stock price as of the date of grant. Adjustments have been made using the stock price as of fiscal year end and as of each date of vest.
 
(d)
Total shareholder return is based on a $100 investment as of December 31, 2019 and determined using S&P’s calculations of the cumulative total shareholder return on the Company’s common stock and the stock of each of the Peer Companies for the applicable year, weighted according to its respective capitalization at the beginning of each period, with dividends reinvested on a monthly basis.
 
(e)
The Peer Group for 2024 is the same as for 2023. Total shareholder return reflects revisions to the composition of the Peer Group in prior years due to (i) acquisitions of prior Peer Companies by current Peer Companies, and (ii) the inclusion of Peer Companies only for full years during which they were publicly traded.
       
Company Selected Measure Name After-Tax Return on Revenue        
Named Executive Officers, Footnote R. P. Feight was the PEO in 2024, 2023, 2022, 2021 and 2020. H. C. Schippers, C. M. Dozier, D. C. Siver and K. D. Baney were the
Non-PEO
NEOs in 2024. H. C. Schippers, C. M. Dozier, D. C. Siver and T. R. Hubbard were the
Non-PEO
NEOs in 2023. H. C. Schippers, M. T. Barkley, C. M. Dozier and D. C. Siver were the
Non-PEO
NEOs in 2022 and 2021. H. C. Schippers, M. T. Barkley, T. K. Quinn and D. C. Siver were the
Non-PEO
NEOs in 2020. 		       
Peer Group Issuers, Footnote
(d)
Total shareholder return is based on a $100 investment as of December 31, 2019 and determined using S&P’s calculations of the cumulative total shareholder return on the Company’s common stock and the stock of each of the Peer Companies for the applicable year, weighted according to its respective capitalization at the beginning of each period, with dividends reinvested on a monthly basis.
 
(e)
The Peer Group for 2024 is the same as for 2023. Total shareholder return reflects revisions to the composition of the Peer Group in prior years due to (i) acquisitions of prior Peer Companies by current Peer Companies, and (ii) the inclusion of Peer Companies only for full years during which they were publicly traded.
       
PEO Total Compensation Amount $ 12,184,223 $ 20,908,665 $ 13,255,737 $ 12,800,753 $ 8,770,878
PEO Actually Paid Compensation Amount $ 14,674,324 27,166,311 15,910,278 10,086,318 6,840,581
Adjustment To PEO Compensation, Footnote
(b)
The “compensation actually paid” to our PEO and
Non-PEO
NEOs in 2024 reflects the following adjustments from the Summary Compensation Table:
       
Non-PEO NEO Average Total Compensation Amount $ 3,472,278 5,318,704 3,658,626 3,743,979 3,762,789
Non-PEO NEO Average Compensation Actually Paid Amount $ 4,009,204 6,468,126 4,472,884 3,261,059 3,143,617
Compensation Actually Paid vs. Total Shareholder Return LOGO        
Compensation Actually Paid vs. Net Income LOGO        
Compensation Actually Paid vs. Company Selected Measure LOGO        
Total Shareholder Return Vs Peer Group LOGO        
Tabular List, Table
The following table lists the most important financial performance measures used to link compensation actually paid to the PEO and
Non-PEO
NEOs for the fiscal year ended December 31, 2024:
 
  •  
Net Income
 
  •  
After-Tax
Return on Revenue
 
  •  
Three-Year Change in Net Income
 
  •  
Return on Sales
 
  •  
Return on Capital
The Company’s use of these financial performance measures is described in the Compensation Discussion and Analysis section under the headings “Annual Incentive Cash Compensation (“IC”)” and “Long-Term Incentive Compensation (“LTIP”).”
       
Total Shareholder Return Amount $ 237.19 214.05 138.09 118.03 111.74
Peer Group Total Shareholder Return Amount 260.91 214.49 177.56 162.88 133.64
Net Income (Loss) $ 4,200,000,000 $ 4,600,000,000 $ 3,000,000,000 $ 1,900,000,000 $ 1,300,000,000
Company Selected Measure Amount 12.4 13.1 10.4 7.9 6.9
PEO Name R. P. Feight        
Measure:: 1          
Pay vs Performance Disclosure          
Name Net Income        
Measure:: 2          
Pay vs Performance Disclosure          
Name After-Tax Return on Revenue        
Measure:: 3          
Pay vs Performance Disclosure          
Name Three-Year Change in Net Income        
Measure:: 4          
Pay vs Performance Disclosure          
Name Return on Sales        
Measure:: 5          
Pay vs Performance Disclosure          
Name Return on Capital        
PEO | Change in Pension Value in Summary Compensation [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (1,243,176)        
PEO | Pension Plan Service Cost And Prior Service Cost [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 512,782        
PEO | Stock And Option Awards Values Reported In Summary Compensation [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (6,630,716)        
PEO | Fair Value At Fiscal Yearend Of Stock And Option Awards Granted During Covered Year That Remain Outstanding And Unvested As Of Fiscal Year End [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 6,438,174        
PEO | Change As Of Covered Year Fiscal Year End From Prior Fiscal Year End In Fair Value Of Stock And Option Awards Granted In A Prior Fiscal Year That Remain Outstanding And Unvested As Of Fiscal Year End [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 3,053,728        
PEO | Dollar Value Of Dividends Or Other Earnings Paid On Stock Or Option Awards During Fiscal Year Prior To Vesting Date [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 359,309        
Non-PEO NEO | Change in Pension Value in Summary Compensation [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (381,130)        
Non-PEO NEO | Pension Plan Service Cost And Prior Service Cost [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 201,072        
Non-PEO NEO | Stock And Option Awards Values Reported In Summary Compensation [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (1,485,398)        
Non-PEO NEO | Fair Value At Fiscal Yearend Of Stock And Option Awards Granted During Covered Year That Remain Outstanding And Unvested As Of Fiscal Year End [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,485,208        
Non-PEO NEO | Change As Of Covered Year Fiscal Year End From Prior Fiscal Year End In Fair Value Of Stock And Option Awards Granted In A Prior Fiscal Year That Remain Outstanding And Unvested As Of Fiscal Year End [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 654,636        
Non-PEO NEO | Dollar Value Of Dividends Or Other Earnings Paid On Stock Or Option Awards During Fiscal Year Prior To Vesting Date [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 62,538