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STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Pre-Tax Compensation Expense and the Related Income Tax Benefit for these Stock-Based Incentives

Pre-tax compensation expense included in income before income taxes for these stock-based incentives was as follows, in millions:

			Year Ended December 31,
			2024						2023						2022
Restricted stock units			$	26					$	15					$	32
Performance restricted stock units			5						3						3
Stock options			4						5						7
Long-term stock awards			—						3						6
Phantom stock awards and stock appreciation rights			4						5						1
Total			$	39					$	31					$	49

Schedule of the Company's Long-Term Stock Award Activity

Our restricted stock unit activity was as follows, units in thousands:

			Year Ended December 31,
			2024												2023												2022
			Number of Shares						Weighted Average Grant Date Fair Value						Number of Shares						Weighted Average Grant Date Fair Value						Number of Shares						Weighted Average Grant Date Fair Value
Unvested restricted stock units at January 1			796						$	57					1,154						$	57					934						$	54
Granted			466						73						205						56						621						59
Vested			(455)						57						(532)						55						(351)						53
Forfeited			(68)						68						(32)						58						(50)						54
Unvested restricted stock units at December 31			738						$	66					796						$	57					1,154						$	57

Our long-term stock award activity was as follows, shares in thousands:

			Year Ended December 31,
			2024												2023												2022
			Number of Shares						Weighted Average Grant Date Fair Value						Number of Shares						Weighted Average Grant Date Fair Value						Number of Shares						Weighted Average Grant Date Fair Value
Unvested stock award shares at January 1			79						$	36					273						$	38					608						$	37
Vested			(79)						36						(191)						40						(324)						37
Forfeited			—						—						(3)						36						(11)						38
Unvested stock award shares at December 31			—						$	—					79						$	36					273						$	38

Information related to phantom stock awards was as follows, dollars in millions and shares in thousands:

			At December 31,
			2024						2023
Accrued compensation cost liability			$	5					$	6
Unrecognized compensation cost			$	2					$	2
Equivalent common shares			96						126

Schedule of the Company's Stock Option Activity

Our stock option activity was as follows, shares in thousands:

			Year Ended December 31,
			2024												2023												2022
			Number of Shares						Weighted Average Exercise Price						Number of Shares						Weighted Average Exercise Price						Number of Shares						Weighted Average Exercise Price
Outstanding stock options at January 1			2,254						$	45					2,988						$	39					2,692						$	37
Granted			201						73						228						57						338						59
Exercised			(1,397)						41						(940)						29						(32)						34
Forfeited			(10)						57						(22)						36						(10)						37
Outstanding stock options at December 31			1,048						$	56					2,254						$	45					2,988						$	39

The following table summarizes information for stock options vested and expected to vest and exercisable (vested) stock options, shares in thousands:

			Year Ended December 31,
			2024												2023												2022
			Vested and Expected to Vest Stock Options						Exercisable (Vested) Stock Options						Vested and Expected to Vest Stock Options						Exercisable (Vested) Stock Options						Vested and Expected to Vest Stock Options						Exercisable (Vested) Stock Options
Number of shares			1,040						592						2,248						1,621						2,966						2,051
Weighted average exercise price			$	56					$	49					$	45					$	42					$	39					$	34
Aggregate intrinsic value			$	18	million				$	14	million				$	48	million				$	41	million				$	30	million				$	28	million
Weighted-average remaining term			7 years						5 years						6 years						5 years						5 years						4 years

Schedule of Weighted Average Grant Date Fair Value of Option Shares Granted and the Assumptions Used to Estimate Those Values Using a Black-Scholes Option Pricing Model

The weighted average grant date fair value of option shares granted and the assumptions used to estimate those values using a Black-Scholes option pricing model were as follows:

			Year Ended December 31,
			2024						2023						2022
Weighted average grant date fair value			$	23.71					$	16.91					$	14.66
Risk-free interest rate			4.38		%				3.95		%				1.90		%
Dividend yield			1.59		%				2.02		%				1.89		%
Volatility factor			31.00		%				31.00		%				29.00		%
Expected option life			6 years						6 years						6 years

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Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit.

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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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