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SHARE BASED COMPENSATION AWARDS
6 Months Ended
Jun. 30, 2023
SHARE BASED COMPENSATION AWARDS [Abstract]  
Share-based Payment Arrangement [Text Block] SHARE-BASED COMPENSATION AWARDSThe Company utilizes share-based awards under employee and non-employee director compensation programs. These share-based awards have included restricted and unrestricted stock, restricted stock units, stock options, and long-term performance shares. In both second quarter 2023 and 2022, $17 million of compensation expense before tax was recognized in "Selling, general and administrative expenses" ("SG&A") in the Unaudited Consolidated Statements of Earnings, Comprehensive Income and Retained Earnings for all share-based awards. The impact on both second quarter 2023 and 2022 net earnings of $13 million is net of deferred tax expense related to share-based award compensation for each period.
In first six months 2023 and 2022, $39 million and $42 million, respectively, of compensation expense before tax was recognized in SG&A in the Unaudited Consolidated Statements of Earnings, Comprehensive Income and Retained Earnings for all share-based awards. The impact on first six months 2023 and 2022 net earnings of $29 million and $32 million, respectively, is net of deferred tax expense related to share-based award compensation for each period.

For additional information regarding share-based compensation plans and awards, see Note 18, "Share-Based Compensation Plans and Awards", to the consolidated financial statements in Part II, Item 8 of the Company's 2022 Annual Report on Form 10-K.