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STOCK COMPENSATION (Tables) | 12 Months Ended
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Dec. 31, 2022
Share-Based Payment Arrangement [Abstract] |
Disclosure of Share-based Compensation Expense | Stock-based compensation expense included in Marketing and administrative expenses in the accompanying Consolidated Statements of Earnings (Loss) is as follows (in millions):
| Twelve Months Ended December 31,
| 2022 |  | 2021 |  | 2020
Total stock-based compensation expense | $ | 51 |  |  | $ | 50 |  |  | $ | 41 |
Income tax benefit recognized on stock-based compensation expense | $ | 11 |  |  | $ | 14 |  |  | $ | 14 |
Schedule of Share-based Compensation, Stock Options, Activity | The following table summarizes the Company’s stock option activity in 2022:
|  |  | Weighted-Average |  |
| Number of Options |  | Exercise Price |  | Remaining Contractual Life (in years) |  | Intrinsic Value (in millions)
Outstanding, December 31, 2021 | 55,900 |  |  | $ | 39.34 |  |  | 1.71 |  | $ | 3 |
Exercised | (28,900) |  |  | 40.93 |  |  |  |  |
Outstanding, December 31, 2022 | 27,000 |  |  | $ | 37.65 |  |  | 1.1 |  | $ | 1 |
Exercisable, December 31, 2022 | 27,000 |  |  | $ | 37.65 |  |  | 1.1 |  | $ | 1 |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable | The total cash received from the exercise of stock options and the resulting tax benefits received were as follows (in millions):
| Twelve Months Ended December 31,
| 2022 |  | 2021 |  | 2020
Cash received upon exercise of stock option awards | $ | 1 |  |  | $ | 11 |  |  | $ | 2 |
Income tax benefit received for stock option awards exercised | $ | — |  |  | $ | 4 |  |  | $ | — |
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity | The following table shows a summary of the Company’s RSU plans:
| Number of RSUs |  | Weighted- Average Fair Value
Balance at January 1, 2022 | 1,268,993 |  |  | $ | 62.25 |
Granted | 393,834 |  |  | 90.41 |
Vested | (326,848) |  |  | 65.87 |
Forfeited | (59,819) |  |  | 75.41 |
Balance at December 31, 2022 | 1,276,160 |  |  | $ | 69.16 |
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions | The following table provides a range of these assumptions:
| Twelve Months Ended December 31,
| 2022 |  | 2021 |  | 2020
Expected volatility | 41.65% |  | 42.74% — 43.67% |  | 28.43% — 44.83%
Risk free interest rate | 1.36% |  | 0.18% — 0.24% |  | 0.15% — 1.43%
Expected term (in years) | 2.91 |  | 2.56 — 2.90 |  | 2.31 — 2.90
Grant date fair value of units granted | $122.69 |  | $99.19 — $127.37 |  | $68.60 — $76.58
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Performance-Based Units, Vested and Expected to Vest | The following table shows a summary of the Company's PSU plans:
| Number of PSUs |  | Weighted- Average Grant Date Fair Value
Balance as of January 1, 2022 | 309,971 |  |  | $ | 74.78 |
Granted | 146,784 |  |  | 98.94 |
Vested | (140,988) |  |  | 63.48 |
Forfeited | (12,051) |  |  | 80.07 |
Balance as of December 31, 2022 | 303,716 |  |  | $ | 91.47 |
Schedule of Share-based Compensation, Employee Stock Purchase Plan, Activity | The following table shows a summary of employee purchase activity under the ESPP:
| Twelve Months Ended December 31,
| 2022 |  | 2021 |  | 2020
Total shares purchased by employees | 293,364 |  |  | 289,945 |  |  | 366,442 |
Average purchase price | $ | 74.19 |  |  | $ | 66.68 |  |  | $ | 45.17 |

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- Definition Tabular disclosure of number, weighted-average exercise price or conversion ratio, aggregate intrinsic value, and weighted-average remaining contractual term for outstanding performance-based awards that are fully vested and expected to vest. Includes, but is not limited to, unvested awards for which requisite service period has not been rendered but that are expected to vest based on achievement of performance condition, if forfeitures are recognized when they occur. + 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 (e)(1) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
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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 https://asc.fasb.org/extlink&oid=128089324&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 https://asc.fasb.org/extlink&oid=128089324&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 https://asc.fasb.org/extlink&oid=128089324&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 https://asc.fasb.org/extlink&oid=128089324&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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