XML 51 R38.htm IDEA: XBRL DOCUMENT
v3.19.2

STOCK INCENTIVE PLANS (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2019
Share-based Payment Arrangement [Abstract] |
Schedule of Issuance of Restricted Stock Units and Aggregate Weighted Average Grant Date Fair Values | The following table details our issuance of restricted stock units and the aggregate weighted average grant date fair values under these plans for the years indicated.
| Six Months Ended June 30,
(dollars in millions) | 2019 |  | 2018
Restricted stock units | 1,128,701 |  |  | 937,155 |
Weighted average grant date fair values | $ | 12 |  |  | $ | 12 |
Summary of Activity Relating to Restricted Stock Units | The following table summarizes the activity relating to restricted stock units during the periods indicated: TABLE 11.2
| Six Months Ended June 30,
| 2019 |  | 2018
| Units |  | Weighted Average Grant Price per Share |  | Units |  | Weighted Average Grant Price per Share
Unvested units outstanding at beginning of period | 2,556,174 |  |  | $ | 13.51 |  |  | 1,975,862 |  |  | $ | 13.64 |
Granted | 1,128,701 |  |  | 10.95 |  |  | 937,155 |  |  | 13.20 |
Vested | (649,248 | ) |  | 13.15 |  |  | (257,712 | ) |  | 13.18 |
Forfeited/expired | (305,891 | ) |  | 12.74 |  |  | (180,723 | ) |  | 13.30 |
Dividend reinvestment | 51,679 |  |  | 11.63 |  |  | 38,129 |  |  | 14.02 |
Unvested units outstanding at end of period | 2,781,415 |  |  | 12.60 |  |  | 2,512,711 |  |  | 13.56 |
Schedule of Certain Information Related to Restricted Stock Units | The following table provides certain information related to restricted stock units: TABLE 11.3
(in millions) | Six Months Ended June 30,
| 2019 |  | 2018
Stock-based compensation expense | $ | 6 |  |  | $ | 5 |
Tax benefit related to stock-based compensation expense | 1 |  |  | 1 |
Fair value of units vested | 7 |  |  | 3 |
Components of Restricted Stock Units | The components of the restricted stock units as of June 30, 2019 are as follows: TABLE 11.4
(dollars in millions) | Service- Based Units |  | Performance- Based Units |  | Total
Unvested restricted stock units | 1,863,588 |  |  | 917,827 |  |  | 2,781,415 |
Unrecognized compensation expense | $ | 13 |  |  | $ | 7 |  |  | $ | 20 |
Intrinsic value | $ | 22 |  |  | $ | 11 |  |  | $ | 33 |
Weighted average remaining life (in years) | 2.19 |  |  | 2.17 |  |  | 2.18 |
Summary of Activity Relating to Stock Options | The following table summarizes the activity relating to stock options during the periods indicated: TABLE 11.5
| Six Months Ended June 30,
| 2019 |  | 2018
| Shares |  | Weighted Average Exercise Price per Share |  | Shares |  | Weighted Average Exercise Price per Share
Options outstanding at beginning of period | 458,354 |  |  | $ | 7.99 |  |  | 722,650 |  |  | $ | 7.96 |
Exercised | (34,432 | ) |  | 7.86 |  |  | (197,390 | ) |  | 7.93 |
Forfeited/expired | (12,042 | ) |  | 6.52 |  |  | (4,598 | ) |  | 11.65 |
Options outstanding and exercisable at end of period | 411,880 |  |  | 8.05 |  |  | 520,662 |  |  | 7.96 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5047-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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. + References No definition available. + Details
Name: | us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration