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Share-Based Incentive Plan (Tables) | 12 Months Ended
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Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Stock Awards Activity | The following table summarizes stock awards (stock options and SARs) activity under the Plan and 2003 LTIP:
| Number of Shares Under Stock Awards |  | Weighted Average Exercise Price per Share
Outstanding at December 31, 2018 | 6,815,278 |  |  | $ | 36.61 |
Granted | 829,322 |  |  | 26.18 |
Exercised | (580,950) |  |  | 14.40 |
Forfeited | (715,941) |  |  | 39.40 |
Outstanding at December 31, 2019 | 6,347,709 |  |  | $ | 36.97 |
Granted | 814,351 |  |  | 17.37 |
Exercised | (27,615) |  |  | 21.13 |
Forfeited | (422,714) |  |  | 25.74 |
Outstanding at December 31, 2020 | 6,711,731 |  |  | $ | 35.36 |
Forfeited | (1,135,241) |  |  | 26.39 |
Outstanding at December 31, 2021 | 5,576,490 |  |  | $ | 37.19 |
Vested and expected to vest at December 31, 2021 | 5,487,788 |  |  | $ | 37.45 |
Exercisable at December 31, 2021 | 4,969,602 |  |  | $ | 39.21 |
Nonvested Restricted Stock and Restricted Stock Unit, Including Performance Units, Activity | A summary of the status of the Company’s nonvested restricted stock awards (restricted stock and restricted stock unit awards, including PSUs), as of December 31, 2020 and the changes during the year ended December 31, 2021 are presented below:
| Number of Restricted Stock Awards |  | Weighted Average Grant-Date Fair Value Per Share
Nonvested at December 31, 2020 | 12,073,790 |  |  | $ | 18.34 |
Granted | 9,850,443 |  |  | 14.46 |
Released | (3,168,152) |  |  | 24.65 |
Forfeited | (1,897,953) |  |  | 15.33 |
Nonvested at December 31, 2021 | 16,858,128 |  |  | $ | 15.12 |
Long Term Incentive Plan 2003 |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Stock-Based Compensation Plans, Valuation Assumptions | There were no options granted during the year ended December 31, 2021. The assumptions used for options granted under the Plan and 2003 LTIP during the years ended December 31, 2020 and 2019, respectively, are as follows:
|  |  | Year Ended December 31,
|  |  | 2020 |  | 2019
Volatility |  |  | 46.7% |  | 38.1%
Risk-free interest rate |  |  | 1.0% |  | 2.5%
Expected term (years) |  |  | 6.5 |  | 6.5
Forfeiture rate |  |  | 5.5% |  | 5.5%
Weighted average grant date fair value per option |  |  | $8.07 |  | $11.03

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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- Definition 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. + References No definition available. + Details
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
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