Share-Based Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2017

Schedule of Share-Based Compensation Plan Cost

The following table provides information related to UAL’s share-based compensation plan cost for the years ended December 31 (in millions):


	2017		2016		2015
Compensation cost:
RSUs	$	63	$	58	$	52
Restricted stock		8		11		6
Stock options		2		1		—

Total	$	73	$	70	$	58

Schedule of Unearned Compensation and Weighted Average Remaining Period for Outstanding Share-Based Awards

The table below summarizes UAL’s unearned compensation and weighted-average remaining period to recognize costs for all outstanding share-based awards that are probable of being achieved as of December 31, 2017 (in millions, except as noted):


	Unearned Compensation		Weighted- Average Remaining Period (in years)
RSUs	$	46		1.9
Stock options		4		3.9
Restricted stock		3		1.2

Total	$	53

Schedule of Restricted Stock Unit and Restricted Stock Activity

The table below summarizes UAL’s RSUs and restricted stock activity for the years ended December 31 (shares in millions):


	RSUs		Restricted Stock		Weighted- Average Grant Price
Outstanding at December 31, 2014		3.8		0.7	$	32.55
Granted		1.0		0.2		66.53
Vested		(1.6)		(0.4)		31.14
Forfeited		(0.6)		(0.2)		46.23

Outstanding at December 31, 2015		2.6		0.3		48.68
Granted		1.9		0.4		50.63
Vested		(1.4)		(0.1)		41.47
Forfeited		(0.2)		(0.1)		53.42

Outstanding at December 31, 2016		2.9		0.5		52.00

Granted		1.6		—		—
Vested		(1.0)		(0.2)		51.60
Forfeited		(0.3)		—		51.88

Outstanding at December 31, 2017		3.2		0.3		52.30