XML 41 R30.htm IDEA: XBRL DOCUMENT v3.25.1
Stock-Based Compensation Plans (Tables)
3 Months Ended
Mar. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-based Compensation Expenses
Stock-based compensation expenses incurred by the Company were as follows:

Three Months Ended
March 31,
($ in millions)20252024
Stock-based compensation expense recognized in:
Cost of sales$$
Selling, general and administrative 16 18 
Research and development
Total$24 $26 
Income tax benefits$$
Schedule of Stock Option Valuation Assumptions
The fair value of options granted was determined using the following assumptions:

Three Months Ended March 31,
20252024
Expected dividend yield7.41 %6.00 %
Risk-free interest rate4.08 4.12 
Expected volatility40.25 41.02 
Expected life (years)5.895.89
Schedule of Equity Award Transactions
A summary of the equity award transactions for the three months ended March 31, 2025 is as follows:
Stock Options
RSUs
PSUs
(shares in thousands)SharesWeighted average exercise priceWeighted average grant date fair valueSharesWeighted average grant date fair valueSharesWeighted average grant date fair value
Outstanding as of January 1, 20256,948 $29.44 $7.70 8,590 $20.28 1,121 $28.44 
Granted/Issued
2,587 14.89 3.03 5,701 14.89 263 19.49 
Vested/Exercised— — — (3,193)23.31 (209)35.54 
Forfeited/Cancelled(117)31.34 9.73 (283)18.66 (147)35.54 
Outstanding as of March 31, 2025
9,418 $25.42 $6.39 10,815 $16.62 1,028 $23.68 
Schedule of Equity Awards Outstanding
The following table summarizes information about equity awards outstanding that are vested and expected to vest and equity awards outstanding that are exercisable as of March 31, 2025:

Equity Awards Vested and Expected to VestEquity Awards That are Exercisable
(awards in thousands; aggregate intrinsic value in millions)
AwardsWeighted Average Exercise PriceAggregate Intrinsic Value
Remaining
Term
(in years)
AwardsWeighted Average Exercise PriceAggregate Intrinsic Value
Remaining
Term
(in years)
Stock Options8,980 $25.42 $— 7.335,503 $31.69 $— 5.73
RSUs
9,858 163 2.37
PSUs
802 13 1.76