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v3.23.1

Equity - Performance Shares (Details) $ / shares in Units, shares in Thousands, $ in Millions | 3 Months Ended
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Mar. 31, 2023 USD ($) $ / shares shares
Performance Shares |
Share-based compensation |
Granted (in shares) | 92,628
Weighted-average fair value per share, granted (in dollars per share) | $ / shares | $ 114.26
Unrecognized compensation cost | $ | $ 19
Remaining requisite service period (in years) | 2 years 3 months 18 days
Cancelled (in shares) | 0
Performance shares, vesting based on TSR |
Share-based compensation |
Percentage of share-based compensation award | 50.00%
Performance shares calculation period | 3 years
Vesting terms | 3 years
Performance shares, vesting based on TSR | Maximum |
Share-based compensation |
Performance shares available for vesting (as a percent) | 200.00%
Performance shares, vesting based on Adjusted ROIC |
Share-based compensation |
Percentage of share-based compensation award | 50.00%
Performance shares calculation period | 3 years
Vesting terms | 3 years
Performance shares, vesting based on Adjusted ROIC | Minimum |
Share-based compensation |
Performance shares available for vesting (as a percent) | 0.00%
Performance shares, vesting based on Adjusted ROIC | Maximum |
Share-based compensation |
Performance shares available for vesting (as a percent) | 200.00%
2020 Awards | Performance Shares |
Share-based compensation |
Award pay out achieved (as a percent) | 77.00%
2021 Awards | Performance Shares |
Share-based compensation |
Estimated pay out (as a percent) | 180.00%

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