XML 54 R37.htm IDEA: XBRL DOCUMENT v3.22.0.1

Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2021

Equity [Abstract]

Stock based compensation expense

Total share-based compensation expense is reported in “General and administrative expenses” in the accompanying consolidated statements of income, and summarized below.

			Year Ended December 31,
			2021												2020												2019
			(In millions)
			Pretax Charges						Net-of-Tax Amount						Pretax Charges						Net-of-Tax Amount						Pretax Charges						Net-of-Tax Amount
RSAs, PSAs and PSUs (defined below)			$	66					$	62					$	47					$	44					$	29					$	28
Employee stock purchase plan and stock options			6						6						10						9						10						9
Total			$	72					$	68					$	57					$	53					$	39					$	37

Restricted and performance stock activity

Activity for stock-based awards in the year ended December 31, 2021, is summarized below.

			RSAs						Weighted Average Grant Date Fair Value						PSUs						Weighted Average Grant Date Fair Value
Unvested balance, December 31, 2020			585,084						$	118.07					471,909						$	111.04
Granted			289,227						224.63						160,670						74.52
Vested			(232,896)						112.62						(321,340)						74.52
Forfeited			(102,298)						161.36						(36,189)						129.19
Unvested balance, December 31, 2021			539,117						$	169.39					275,050						$	129.99

Stock options, activity

The total grant date fair value of awards granted and vested is presented in the following table.

			Year Ended December 31,
			2021						2020						2019
			(In millions)
Granted:
RSAs			$	65					$	44					$	33
PSUs			—						23						20
Total granted			$	65					$	67					$	53
Vested:
RSAs			$	53					$	22					$	19
PSUs			71						1						2
Total vested			$	124					$	23					$	21

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, 2021, is summarized below.

			Number of Shares						Weighted Average Exercise Price						Aggregate Intrinsic Value						Weighted Average Remaining Contractual term
									(Per share)						(In millions)						(Years)
Stock options outstanding as of December 31, 2020			405,000						$	64.79
Exercised			(10,000)						33.02
Stock options outstanding, vested, and exercisable as of December 31, 2021			395,000						65.59						$	100					5.5

X

- Definition

Tabular disclosure of share-based payment arrangement.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5047-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_EquityAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the changes in outstanding nonvested shares.

+ 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 (c)(2)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration