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Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Changes In Stock Options
The following table summarizes the changes in the number of shares of common stock for 2024 (shares and aggregate intrinsic value in millions):
SharesWeighted
Average
Exercise
Price Per
Share
Weighted Average
Remaining
Life
(in years)
Aggregate
Intrinsic
Value
Outstanding at December 31, 20236.6 $22 
Forfeited(0.5)24 
Outstanding at December 31, 20246.1 $22 5.8$0
Options exercisable, end of year5.3 $22 5.6$0
Schedule of Changes of Restricted Stock and Restricted Stock Units
The following table summarizes the changes in the number of outstanding restricted stock units for 2024 (shares in millions):
Restricted
Stock
Unit
Weighted
Average
Grant Date
Fair Value
Per Share
Outstanding at December 31, 202312.5 $14 
Granted7.6 
Grant adjustment (1)
(0.5)25 
Vested(2.7)14 
Forfeited(2.0)12 
Outstanding at December 31, 202414.9 $11 
Expected to vest as of December 31, 2024 (2)
18.6 $
(1)The grant adjustment primarily relates to an adjustment in the quantity of Performance-Based RSUs ultimately vested during 2024 that were dependent on the level of achievement of the specified performance conditions.
(2)The difference between the outstanding restricted stock units at December 31, 2024 and the restricted stock units expected to vest as of December 31, 2024 primarily relates to the expected achievement of the specified performance conditions for the respective outstanding Performance-Based RSUs.
Schedule of Total Unrecognized Compensation Cost Related to Stock-based Compensation
The following table summarizes the Company’s total unrecognized compensation cost related to stock-based compensation at December 31, 2024:
(in millions)Unrecognized Compensation CostWeighted Average Period of Expense Recognition
(in years)
Restricted stock units$77 1
Stock options1
Total$78 1