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STOCK-BASED COMPENSATION (Tables) | 12 Months Ended
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Dec. 31, 2020
Share-based Payment Arrangement [Abstract] |
Schedule of share based compensation expense | As shown in the table below, we recognized the following stock-based compensation expense during the Predecessor periods. No stock-based compensation was recognized during the Successor period.
|  |  |  | Predecessor
|  |  |  | January 1, 2020 - October 31, 2020 |  | Years ended December 31,
(in millions) |  |  |  | 2019 |  | 2018
Stock-based compensation expense |  |  |  | $ | 3 |  |  | $ | 32 |  |  | $ | 45 |
Payments of cash-based portion of awards |  |  |  | $ | 8 |  |  | $ | 25 |  |  | $ | 24 |
Summary of changes in cash and stock-settled Restricted Stock Units (RSUs) | The following summarizes our RSU activity for 2020:
| Stock-Settled |  | Cash-Settled
| Number of Units |  | Weighted-Average Grant-Date Fair Value |  | Number of Units
| (in thousands) |  |  |  | (in thousands)
Unvested at December 31, 2019 (Predecessor) | 554 |  |  | $ | 17.54 |  |  | 2,285 |
Granted | 633 |  |  | $ | 6.20 |  |  | 4,327 |
Vested | (357) |  |  | $ | 16.40 |  |  | (1,062) |
Cancelled or Forfeited | (830) |  |  | $ | 9.37 |  |  | (5,550) |
Unvested at October 31, 2020 (Predecessor) | — |  |  | $ | — |  |  | — |
Summary of changes in cash and stock-settled Performance Stock Units (PSUs) | The following summarizes our PSU activity for 2020:
| Stock-Settled |  | Cash-Settled |  |
| Number of Awards |  | Weighted-Average Grant-Date Fair Value |  | Number of Units |  |
| (in thousands) |  |  |  | (in thousands) |  |
Unvested at December 31, 2019 (Predecessor) | 497 |  |  | $ | 19.75 |  |  | 401 |  |  |
Granted | 792 |  |  | $ | 6.20 |  |  | 792 |  |  |
Cancelled or Forfeited | (1,289) |  |  | $ | 11.43 |  |  | (1,193) |  |  |
Unvested at October 31, 2020 (Predecessor) | — |  |  | $ | — |  |  | — |  |  |
Summary of stock option activity | The following table summarizes our option activity during 2020:
| Options |  | Weighted-Average Exercise Price |  | Weighted-Average Grant-Date Fair Value |  | Aggregate Intrinsic Value
| (in thousands) |  |  |  |  |  |
Balance at December 31, 2019 (Predecessor) | 1,427 |  |  | $ | 59.00 |  |  | $ | 16.81 |  |  | $ | — |
Granted | 593 |  |  | $ | 6.82 |  |  | $ | 3.31 |  |  | $ | — |
Cancelled or Forfeited | (2,020) |  |  | $ | 43.68 |  |  | $ | 12.84 |  |  | $ | — |
Balance at October 31, 2020 (Predecessor) | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |

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- 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=120381028&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=120381028&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=120381028&loc=d3e5070-113901 + Details
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