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Stockholders' Equity (Tables) | 12 Months Ended
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Dec. 31, 2019
Equity [Abstract] |
Stock based compensation expense | Total share-based compensation expense is presented in the following table. Except as described in the note to the table, we record share-based compensation as “General and administrative expenses” in the accompanying consolidated statements of operations.
| Year Ended December 31,
| 2019 |  | 2018 |  | 2017
| (In millions)
| Pretax Charges |  | Net-of-Tax Amount |  | Pretax Charges |  | Net-of-Tax Amount |  | Pretax Charges (1) |  | Net-of-Tax Amount
RSAs, PSAs and PSUs (defined below) | $ | 29 |  |  | $ | 28 |  |  | $ | 17 |  |  | $ | 17 |  |  | $ | 39 |  |  | $ | 35 |
Employee stock purchase plan and stock options | 10 |  |  | 9 |  |  | 10 |  |  | 9 |  |  | 7 |  |  | 5 |
Total | $ | 39 |  |  | $ | 37 |  |  | $ | 27 |  |  | $ | 26 |  |  | $ | 46 |  |  | $ | 40 |
_______________________ (1) Includes $23 million relating to acceleration of share-based compensation for former executives in the year ended December 31, 2017. This amount is reported in “Restructuring costs” in the accompanying consolidated statements of operations.
Restricted and performance stock activity | Activity for stock-based awards in the year ended December 31, 2019 is summarized below:
| RSAs |  | PSAs |  | PSUs |  | Total Shares |  | Weighted Average Grant Date Fair Value
Unvested balance as of December 31, 2018 | 399,795 |  |  | 3,132 |  |  | 201,383 |  |  | 604,310 |  |  | $ | 71.50 |
Granted | 243,353 |  |  | — |  |  | 146,425 |  |  | 389,778 |  |  | 136.23 |
Vested | (139,828 | ) |  | (3,132 | ) |  | (10,528 | ) |  | (153,488 | ) |  | 73.98 |
Forfeited | (55,640 | ) |  | — |  |  | (13,202 | ) |  | (68,842 | ) |  | 90.45 |
Unvested balance as of December 31, 2019 | 447,680 |  |  | — |  |  | 324,078 |  |  | 771,758 |  |  | $ | 102.01 |
Stock options, activity | The total grant date fair value of awards granted and vested is presented in the following table:
| Year Ended December 31,
| 2019 |  | 2018 |  | 2017
| (In millions)
Granted: |  |  |  |  |
RSAs | $ | 33 |  |  | $ | 28 |  |  | $ | 20 |
PSUs | 20 |  |  | 16 |  |  | 16 |
Total granted | $ | 53 |  |  | $ | 44 |  |  | $ | 36 |
Vested: |  |  |  |  |
RSAs | $ | 19 |  |  | $ | 15 |  |  | $ | 23 |
PSAs | — |  |  | 3 |  |  | 15 |
PSUs | 2 |  |  | — |  |  | 9 |
Total vested | $ | 21 |  |  | $ | 18 |  |  | $ | 47 |
Stock Options. Stock option awards generally have an exercise price equal to the fair market value of our common stock on the date of grant, vest in equal annual installments over periods up to four years from the date of grant, and have a maximum term of ten years from the date of grant. Stock option activity for the year ended December 31, 2019 is summarized below:
| Shares |  | Weighted Average Exercise Price |  | Aggregate Intrinsic Value |  | Weighted Average Remaining Contractual term
|  |  |  |  | (In millions) |  | (Years)
Stock options outstanding as of December 31, 2018 | 405,000 |  |  | $ | 64.79 |  |  |  |  |
Granted | — |  |  | — |  |  |  |  |
Exercised | — |  |  | — |  |  |  |  |
Stock options outstanding as of December 31, 2019 | 405,000 |  |  | 64.79 |  |  | $ | 29 |  |  | 7.4
Stock options exercisable and expected to vest as of December 31, 2019 | 405,000 |  |  | 64.79 |  |  | $ | 29 |  |  | 7.4
Exercisable as of December 31, 2019 | 280,000 |  |  | 63.65 |  |  | $ | 20 |  |  | 7.3
Stock option plans, by exercise price range | The following is a summary of information about stock options outstanding and exercisable at December 31, 2019:
| Options Outstanding |  | Options Exercisable
| Number Outstanding |  | Weighted Average Remaining Contractual Life (Years) |  | Weighted-Average Exercise Price |  | Number Exercisable |  | Weighted-Average Exercise Price
Range of Exercise Prices |  |  |  |  |  |  |  |  |
$33.02 | 30,000 |  |  | 3.2 |  | $ | 33.02 |  |  | 30,000 |  |  | $ | 33.02 |
$67.33 | 375,000 |  |  | 7.8 |  | 67.33 |  |  | 250,000 |  |  | 67.33 |
Total | 405,000 |  |  |  |  |  |  | 280,000 |  |  |

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