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Stock Plans (Tables)

12 Months Ended

Dec. 31, 2024

Stock Plans [Abstract]

Restricted Shares Outstanding

	2021 Incentive Plan
					Weighted
					Average
			Number of		Grant Date			Aggregate
			Shares		Fair Value			Fair Value
			(in thousands)		(per share)			(in millions)
	Balance at January 1, 2022		2,483		$	28.67		$	72
	Restricted stock granted		1,104		$	25.80		$	28
	Restricted stock vested		(892)		$	25.81		$	(23)
	Restricted stock forfeited		(181)		$	25.88
	Balance at December 31, 2022		2,514		$	25.78		$	64
	Restricted stock granted		1,373		$	23.11		$	35
	Restricted stock vested		(1,225)		$	25.77		$	(31)
	Restricted stock forfeited		(194)		$	24.97
	Balance at December 31, 2023		2,468		$	24.37		$	63

	2024 Incentive Plan
					Weighted
					Average
			Number of		Grant Date			Aggregate
			Shares		Fair Value			Fair Value
			(in thousands)		(per share)			(in millions)
	Balance at January 1, 2024		2,468		$	24.37		$	63
	Restricted stock granted		1,370		$	23.49		$	48
	Restricted stock vested		(1,686)		$	25.70		$	(59)
	Restricted stock forfeited		(94)		$	23.71
	Balance at December 31, 2024		2,058		$	24.45		$	71

Target Performance Shares

	2021 Incentive Plan
						Weighted Average
			Number of			Award Date
			Shares			Fair Value
			(in thousands)			(per share) (1)
	Balance at January 1, 2022		3,144		$	25.62
	Target performance shares awarded, net		388		$	25.66 (2)
	Target performance shares forfeited		(47)
	Balance at December 31, 2022		3,485		$	25.62
	Target performance shares awarded, net		1,040		$	24.36
	Target performance shares forfeited		(38)
	Balance at December 31, 2023		4,487		$	25.33
	(1) Represents the weighted average of the closing price of our stock on the date of the awards.
	(2) Approximately 0.2 million shares included in this award were granted in 2022 with a grant date fair value of $26.81 per share. Approximately 0.2 million shares have been granted as of December 31, 2023 with a grant date fair value of $23.95 per share.
	2024 Incentive Plan
						Weighted Average
			Number of			Award Date
			Shares			Fair Value
			(in thousands)			(per share) (1)
	Balance at January 1, 2024		4,487		$	25.33
	Target performance shares awarded, net (2)		1,769		$	24.35
	Target performance shares vested or converted (3)		(4,692)		$	25.76
	Target performance shares forfeited		(12)		$	25.12
	Balance at December 31, 2024		1,552		$	24.58
	(1) Represents the weighted average of the closing price of our stock on the date of the awards.
	(2) Approximately 0.3 million shares included in this award were granted in 2024 with a grant date fair value of $33.35 per share. Approximately 0.6 million shares in this award relate to performance measures that have not been set and therefore do not yet have a grant date fair value.
	(3) Includes approximately 501,000 PSU's converting our CEO’s 2023-2025 PSUs into performance-based restricted stock subject to identical performance and service vesting conditions. No impact to accounting treatment.

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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.

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Tabular disclosure of number and weighted-average grant date fair value for nonvested performance shares.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Subparagraph (c)
-Paragraph 2
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

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