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SHARE BASED COMPENSATION AWARDS
9 Months Ended
Sep. 30, 2024
SHARE BASED COMPENSATION AWARDS [Abstract]  
Share-based Payment Arrangement [Text Block] SHARE-BASED COMPENSATION AWARDS
The 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 performance shares. In third quarter 2024 and 2023, $14 million and $10 million, respectively, of compensation expense before tax were 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 third quarter 2024 and 2023 net earnings of $11 million and $7 million, respectively, is net of deferred tax expense related to share-based award compensation for each period.

In both first nine months 2024 and 2023, $49 million 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 nine months 2024 and 2023 net earnings of $37 million and $36 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 2023 Annual Report on Form 10-K.