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SHARE-BASED COMPENSATION (Tables)
 12 Months Ended
Dec. 31, 2019
Share-based Payment Arrangement [Abstract]  
RECONCILIATION OF BEGINNING AND ENDING BALANCE OF NONVESTED RESTRICTED STOCK (INCLUDING RSUS) TO BE SETTLED IN SHARES AND CASH
The following table provides an activity summary of the Company's share-settled restricted stock units:
 
 
 
 
 
 
 
 
 
 
 
 
Share-Settled Performance Restricted Stock Units
 
Share-Settled Service
Restricted Stock Units
 
 
 
Number of
restricted
stock units
 
Weighted average grant date
fair value(1)
 
Number of
restricted
stock units
 
Weighted average
grant date
fair value(1)
 
 
 
 
 
 
 
 
 
 
 
 
Nonvested restricted stock units - December 31, 2017
230

 
$
57.08

 
1,355

 
$
57.09

 
 
Granted
104

 
48.89

 
737

 
49.36

 
 
Vested
(87
)
 
54.71

 
(539
)
 
54.51

 
 
Forfeited
(15
)
 
53.80

 
(142
)
 
55.36

 
 
Nonvested restricted stock units - December 31, 2018
232

 
54.54

 
1,411

 
54.12

 
 
Granted
127

 
54.70

 
523

 
54.88

 
 
Vested
(61
)
 
53.82

 
(487
)
 
54.29

 
 
Forfeited
(40
)
 
64.01

 
(174
)
 
54.49

 
 
Nonvested restricted stock units - December 31, 2019
258

 
$
53.31

 
1,273

 
$
54.32

 
 
 
 
 
 
 
 
 
 
 
(1) Fair value is based on the closing price of the Company's common shares on the grant date.

The following table provides an activity summary of the Company's cash-settled restricted stock units:
 
 
 Cash-Settled Performance Restricted Stock Units
 
Cash-Settled
Service Restricted Stock Units
 
 
 
Number of
restricted stock units
 
Number of
restricted stock units
 
 
 
 
 
 
 
 
Nonvested restricted stock units - December 31, 2017
42

 
988

 
 
Granted
—

 
473

 
 
Vested
(12
)
 
(390
)
 
 
Forfeited
(3
)
 
(139
)
 
 
Nonvested restricted stock units - December 31, 2018
27

 
932

 
 
Granted
—

 
364

 
 
Vested
(12
)
 
(333
)
 
 
Forfeited
(9
)
 
(110
)
 
 
Nonvested restricted stock units - December 31, 2019
6

 
853

 
 
 
 
 
 
 
ADDITIONAL INFORMATION RELATED TO SHARE BASED COMPENSATION
The following table provides additional information related to share-based compensation:
 
 
 
 
 
 
 
 
 
Year ended December 31,
2019
 
2018
 
2017
 
 
 
 
 
 
 
 
 
 
Share-based compensation expense (1)
$
52,218

 
$
54,011

 
$
67,697

 
 
Tax benefits associated with share-based compensation expense
$
8,913

 
$
7,772

 
$
14,937

 
 
Liability for cash-settled restricted stock units (2)
$
21,731

 
$
20,648

 
$
21,535

 
 
Fair value of restricted stock units vested (3)(4)
$
51,206

 
$
50,750

 
$
124,990

 
 
Unrecognized share-based compensation expense
$
75,770

 
$
87,341

 
$
94,315

 
 
Expected weighted average period to recognize unrecognized share-based compensation expense
2.3 years

 
2.4 years

 
2.5 years

 
 
 
 
 
 
 
 
 
(1) Related to restricted shares, share-settled stock units, and cash settled restricted stock units.
(2) Included in other liabilities in the consolidated balance sheets.
(3) Fair value is based on the closing price of the Company's common shares on the vest date.
(4) The fair value of share-settled restricted stock units and cash-settled restricted stock units that vested in 2017 included $44 million attributable to service restricted stock units which were granted in 2014 and were subject to a three year cliff vesting period.