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Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2022

Share-Based Payment Arrangement [Abstract]

Schedule of Stock Option Activity

The following table summarizes stock option activity for the year ended December 31, 2022 (in millions except for per share amounts):

			Options						Weighted Average Exercise Price						Weighted Average Remaining Contractual Term (Years)						Aggregate Intrinsic Value
Balance, December 31, 2021			8						$	99.32					3.6						$	143
Granted			1						95.06
Exercised			(1)						68.11												$	20
Cancelled			—						108.99
Balance, December 31, 2022			8						$	101.60					3.1						$	6
Options exercisable at December 31, 2022			6						$	96.58					2.3						$	6

Schedule of Stock Option Valuation Assumptions

The weighted average fair value of options granted during the years ended December 31, 2022, 2021 and 2020, was $20.89, $29.01 and $21.17, respectively, using the Black-Scholes option pricing model with the assumptions below:

			2022						2021						2020
Risk free interest rate			1.7		%				0.6		%				0.4		%
Volatility			30.5		%				27.6		%				24.7		%
Dividend yield			2.0		%				1.1		%				1.2		%
Weighted average expected life (years)			4.1						4.1						4.1

The fair value of each performance-based stock unit with a market condition is estimated on the date of grant using a Monte Carlo simulation model with the following weighted-average assumptions:

			2022						2021						2020
Risk free interest rate			1.6		%				0.3		%				0.3		%
Volatility			34.2		%				32.1		%				27.8		%
Dividend yield			2.0		%				1.1		%				1.3		%

Schedule of Restricted Stock Unit, Activity

The following table summarizes the restricted stock units and performance stock units activity for the year ended December 31, 2022 (in millions except for per share amounts):

			Restricted Stock Units												Performance Stock Units
			(In millions)												(In millions)
			Shares						Weighted Average Fair Value						Shares						Weighted Average Fair Value
Balance December 31, 2021			3						$	133.15					1						$	129.55
Granted			1						$	92.07					2						$	99.27
Vested			(2)						$	132.70					(1)						$	134.06
Forfeited			—						$	114.75					—						$	102.59
Balance December 31, 2022			2						$	103.63					2						$	104.52

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Tabular disclosure of share-based payment arrangement.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
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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.

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-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (f)(2)
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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.

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