XML 32 R20.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Stock-Based Compensation | 9 Months Ended
--- | ---
Sep. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Stock-Based Compensation | Stock-Based Compensation The Company recorded stock-based compensation expense of $7 million and $1 million ($5 million and $1 million, net of tax) during the three months ended September 30, 2018 and 2017, respectively, and $18 million and $6 million ($14 million and $4 million, net of tax) during the nine months ended September 30, 2018 and 2017, respectively. The activity related to restricted stock units (“RSUs”) consisted of (in thousands of shares):
|  |  | Number of Shares |  | Weighted Average Grant Date Fair Value |  | Weighted Average Remaining Contractual Term (years) |  | Aggregate Intrinsic Value (in millions)
Time-based RSUs |  |  |  |  |  |  |
| Outstanding at January 1, 2018 | 1,160 |  |  | $ | 34.54 |  |  |  |  |
|  | Granted (a) | 321 |  |  | 48.41 |  |  |  |  |
|  | Vested (b) | (559 | ) |  | 36.01 |  |  |  |  |
|  | Forfeited | (75 | ) |  | 35.97 |  |  |  |  |
| Outstanding and expected to vest at September 30, 2018 (c) | 847 |  |  | $ | 38.70 |  |  | 1.0 |  | $ | 27 |
Performance-based and market-based RSUs |  |  |  |  |  |  |
| Outstanding at January 1, 2018 | 994 |  |  | $ | 33.06 |  |  |  |  |
|  | Granted (a) | 353 |  |  | 48.52 |  |  |  |  |
|  | Vested | — |  |  | — |  |  |  |  |
|  | Forfeited | (176 | ) |  | 50.06 |  |  |  |  |
| Outstanding at September 30, 2018 | 1,171 |  |  | $ | 35.17 |  |  | 1.3 |  | $ | 38 |
| Outstanding and expected to vest at September 30, 2018 (c) | 267 |  |  | $ | 44.25 |  |  | 2.1 |  | $ | 9 |
__________
(a) | Reflects the maximum number of stock units assuming achievement of all performance-, market- and time-vesting criteria and does not include those for non-employee directors. The weighted-average fair value of time-based RSUs and performance-based RSUs granted during the nine months ended September 30, 2017 was $35.32 and $35.21, respectively.
(b) | The total fair value of RSUs vested during September 30, 2018 and 2017 was $20 million and $23 million, respectively.
(c) | Aggregate unrecognized compensation expense related to time-based RSUs and performance-based RSUs amounted to $35 million and will be recognized over a weighted average vesting period of 1.3 years.
The stock option activity consisted of (in thousands of shares):
|  | Number of Options |  | Weighted Average Exercise Price |  | Weighted Average Remaining Contractual Term (years) |  | Aggregate Intrinsic Value (in millions)
Outstanding at January 1, 2018 | 273 |  |  | $ | 7.08 |  |  | 1.7 |  | $ | 10 |
| Granted | — |  |  | — |  |  |  |  | — |
| Exercised | (194 | ) |  | 9.64 |  |  |  |  | 8 |
| Forfeited/expired | — |  |  | — |  |  |  |  | — |
Outstanding and exercisable at September 30, 2018 | 79 |  |  | $ | 0.79 |  |  | 0.3 |  | $ | 2 |

X
- Definition The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -URI http://asc.fasb.org/subtopic&trid=2208855 + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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