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STOCK-BASED COMPENSATION (Tables)
 6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Summary of Share-Based Compensation Expense The following table outlines the compensation expense recorded by type of award (in millions):
Three Months Ended June 30,
Six Months Ended June 30,
2025202420252024
Restricted and deferred stock units$8 $7 $16 $13 
Performance stock units5 5 10 10 
Total stock-based compensation$13 $12 $26 $23 
Summary of Unrecognized Compensation Expense
As of June 30, 2025, unrecognized compensation expense related to the awards granted under the LTIP will be amortized through the relevant periods as follows (in millions):
Unrecognized Compensation ExpenseFinal Year of Recognition
Restricted and deferred stock units$42 2028
Performance stock units28 2027
Total unrecognized stock-based compensation$70 
Summary of the Status and Activity of Non-Vested RSUs, DSUs, and Options
The following table presents the changes in non-vested RSUs and DSUs for the six months ended June 30, 2025:
 RSUs and DSUsWeighted-Average Grant-Date Fair Value
Non-vested, beginning of year932,902 $65.69 
Granted672,806 43.45 
Vested(276,694)63.63 
Forfeited(73,014)63.74 
Non-vested, end of period1,256,000 $54.35 
Summary of the Status and Activity of PSUs
The following table presents the change of non-vested PSUs for the six months ended June 30, 2025:
 PSUsWeighted-Average Grant-Date Fair Value
Non-vested, beginning of year650,046 $85.23 
Granted(1)
342,316 53.19 
Adjusted shares based on performance(2)
(81,547)73.09 
Vested(2)
(76,827)72.98 
Forfeited(45,659)84.98 
Non-vested, end of period(1)
788,329 $73.78 
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(1)The number of awards assumes that the associated performance condition is met at the target amount (multiplier of one). The final number of shares of our common stock issued may vary depending on the performance multiplier, which ranges from zero to 225%, depending on the level of satisfaction of the performance condition.
(2)Upon completion of the performance period for the PSUs granted in 2022, a performance achievement of 46% or 54%, as applicable, was applied to each of the grants, resulting in a number of shares less than the target amount of such PSUs being settled during the six months ended June 30, 2025.